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Committee forwards updated five-year financial plan after improved revenue outlook
Summary
City budget officials told the committee an updated five-year financial plan shows a two-year combined deficit of about $156 million (an improvement from January), thanks largely to stronger transfer tax revenue and updated controller balance figures; the committee forwarded the plan to the full Board.
SAN FRANCISCO — The Budget and Finance Committee reviewed an update to the city—s five‑year financial plan on April 10 and voted to send the document to the full Board with a positive recommendation.
Kelly Kirkpatrick of the Mayor—s Budget Office and Controller Ben Rosenfield presented a March update that reduced the…
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