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Mayor's budget director says May Revise and revenue reports will shape June budget amid uncertainty
Summary
Greg Wagner, the mayor's budget director, told the committee the Governor's May Revise (due May 16) and a controller 9-month revenue report will inform San Francisco's FY2011-12 budget; because state decisions may arrive late, the mayor's June 1 submission will include assumptions about state actions.
Greg Wagner, the mayor's budget director, told the Budget & Finance Committee the Governor's May Revise is due May 16 and that the administration is tracking updated revenue estimates closely. "The Governor's May Revise is due out on the May 16," Wagner said, and the administration expects to begin seeing ideas and indications of changes in the coming week.
Wagner said the mayor must submit a budget by June 1 and that the administration will likely have to make assumptions about…
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