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Controller: six‑month report shows $21.37M year‑end fund balance and continuing multiyear shortfall

San Francisco Board of Supervisors Budget and Finance Committee · February 13, 2008
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The controller reported a projected year‑end general fund balance of about $21.37 million, noted several departmental deficits (public health, sheriff, superior court) and reiterated a multiyear gap the city is working to close; the mayor's office warned the shortfall could be larger if state actions materialize.

Controller Monique Zamuda presented the annual six‑month status report and estimated a year‑end general fund balance of approximately $21,370,000, roughly $4 million less than the preliminary projection three months earlier.

Zamuda flagged major department variances: an estimated public health deficit of about $17,000,000 largely tied to San Francisco General Hospital…

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