The ink had not yet dried on the city budget when Mayor Gavin Newsom’s budget czar Greg Wagner started worrying that money from yet another stimulus program was coming into question. This round would have been more devastating for The City, which had already factored the roughly $40 million increase for medical reimbursements from the feds into its most recent budget.
Wagner is now breathing a sigh of relief after catching word that the U.S. Senate is signing off on a scaled-back version of the bill, extending a portion of the medical reimbursement increase again. The City is in the process of analyzing exactly how much less it will get from this bill.
However, Wagner says some is better than nothing at all at this point. “It is still good news since over the past several weeks it has been questionable whether we would see an extension at all,” Wagner said.