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We inherited a structural deficit. We balanced the budget for four consecutive years, cut $1.6 billion in spending this year, and still made historic investments in public education and local law enforcement. Doing more with less means making tough choices and investing in what matters most.

32,789 просмотров • 2 дней назад •via X (Twitter)

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I wanted to share an update on San Francisco’s budget and how we are working to get our fiscal house in order. When I took office, we inherited a significant structural deficit. That means the city was set up to spend more money than it brings in, year after year. Today, that gap is projected to reach $1 billion dollars over the next five years. Over the past year, we’ve taken steps to close this gap and bring long-term spending more in line with revenue. We also know that increasing sustainable revenue for our city is crucial to solving our budget problem. Since the day I became mayor, we’ve been taking steps to create the conditions for San Francisco’s economic recovery. Today, our streets are safer and cleaner, and people struggling on the streets are getting into treatment. We’re making it easier to open and operate a small business in our city. And that progress has led to results: Businesses of all sizes are coming back to San Francisco, people are shopping downtown again, and tax revenues are higher than projected. While we are making meaningful progress, we are not out of the woods. Our economic recovery is very fragile. And since last year’s budget, the city has faced new federal and state funding cuts. This means our budget gap would reach $1 billion in the coming years if we don’t act. The charter requires that, as mayor, I submit a balanced budget each June—we cannot spend more money than we bring in. And we must also address this long-term $1 billion dollar deficit. Because if we don’t act now, we will have to do twice as much in the coming years, with the choices becoming more expensive and more difficult. This year’s budget will include painful but necessary decisions. I know they will impact individuals and communities, and I take this seriously—which is why we must act now to avoid even deeper cuts later. This year's budget will continue the work we’ve been doing since last year to manage city funds responsibly and deliver the best possible services. And it will put our city on a path to a lasting economic recovery that benefits all San Franciscans.

Daniel Lurie 丹尼爾·羅偉

39,270 просмотров • 3 месяцев назад