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San Francisco officials warn of rising deficits, outline 5‑year plan and department targets
Summary
The mayor’s budget office and city controller told the Budget & Finance Committee the post‑election rebalancing yields a roughly $400 million shortfall over two years and projected five‑year deficits driven mainly by employee costs; departments were given 3% savings targets and a no‑new‑FTE instruction.
The mayor’s budget director and the city controller told the San Francisco Board of Supervisors’ Budget & Finance Committee that the city faces a roughly $400 million shortfall across the next two charter‑mandated balanced years and growing five‑year deficits driven largely by rising employee costs.
“Our deficits have popped back up again,” Melissa Whitehouse, the mayor’s budget director, said during the committee’s final 2016 meeting, noting that the office now projects about a $400,000,000 deficit for the upcoming two‑year window. Whitehouse and Controller Ben Rosenfield said slower revenue growth and higher personnel costs — including CPI assumptions and health and pension cost increases…
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