The local economy is recovering more quickly than city officials had expected, resulting in $122.3 million in extra tax revenue, according to a budget report released Monday afternoon.The City had assumed a moderate recovery in tax revenues throughout the fiscal year, but revenues from hotel, payroll, sales and property sales and transfers are outpacing those projections, according to the city controller’s report.
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San Francisco motorists who park their cars in tow-away zones or stop in the middle of intersections will be targeted by new efforts to earn more money from parking scofflaws.
To eliminate a projected $21.2 million budget deficit by June 30, the San Francisco Municipal Transportation Agency plans to reduce employee overtime and write more tickets.
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URL: http://www.sfexaminer.com/topics/brownie-s-hardware