San Diego learns of deeper budget hole

Tax revenues for the city of San Diego are projected to be $22.7 million below what was included in the proposed budget for the coming fiscal year, the City Council was told Monday.

The decline is caused by a greater-than-anticipated drop in property and hotel tax revenues, the city’s chief operating officer said during a hearing on the fiscal year 2010 budget.

COO Jay Goldstone said the state could also take $36 million in funds slated for the city to balance its budget.

Mayor Jerry Sanders’ proposed fiscal year 2010 budget, which was released in April, overcame an earlier estimated deficit of $60 million through sizable reductions in employee compensation.

He has pledged not to cut services.

The mayor’s strategy for overcoming the additional burden on the fiscal year 2010 budget was supposed to be delivered to the City Council Monday in the form of a so-called “May revise.”

Because the document was not ready, the City Council postponed until June 3 a hearing on the revised budget.

Councilman Carl DeMaio was sharply critical of the mayor for not delivering a copy of the revised spending plan to the City Council in advance of the scheduled 2 p.m. hearing.

“We have a process here,” DeMaio said. “The process is not being followed once again. This is a recurring theme. This has got to stop. It absolutely has to stop.”

Mary Lewis, the city’s chief financial officer, attributed the delay to a last-minute adjustment in the budget for stormwater projects.

Related posts:

  1. S.D. City council hears mayor’s budget cut plan
  2. Mayor proposes pay cuts, higher fees
  3. Budget crunch looms
  4. Chamber of Commerce wants legislature to consider budget
  5. S.D. mayor proposes cuts in police, fire services

Short URL: http://www.delmartimes.net/?p=6381

Posted by Pat Sherman on May 18, 2009. Filed under Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Archives

Facebook

Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6

LA JOLLA NEWS

RSS LA JOLLA NEWS

  • ‘KISS Army’ storms La Jolla for Paul Stanley book signing
    Some traveled from as far away as Los Angeles, Phoenix, Las Vegas and Germany for a chance to meet the Kiss frontman. […]
  • New members welcome at Rotary Club of La Jolla
    The Rotary Club of La Jolla is a member of Rotary International, which among other important projects, has joined forces with the World Health Organization to focus on the eradication of Polio worldwide. […]
  • Go gaga over spring foods
    Spring is when Mother Nature throws a coming out party for her animals, minerals and vegetables. The supermarket produce aisles are brimming with a bounty of delicate shoots, beans, peas and fresh herbs, while the meat department is filled with young, tender cuts of carnivorous offerings. Inquisitive column folk want to know spring’s best contributions. Here […]

RANCHO SANTA FE NEWS

RANCHO SANTA FE NEWS

RSS RANCHO SANTA FE NEWS