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. Read More
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. Read More