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budget

SFMTA identifies $24 billion in long-term project needs

Never mind plans for big transit improvements — just keeping San Francisco’s transportation infrastructure in a state of good health will be a titanic challenge for The City. Read More

California principals under pressure with budget cuts

California principals are facing shrinking budgets and mounting responsibilities to lead teachers and keep schools running — creating competing pressures that may make the job untenable, a study has found. Principals reported working 60 and sometimes 70 hours a week. As budget cuts thinned the ranks of support staff, they juggled roles as teachers, community liaisons, nurses, athletic directors, crisis managers and budget gurus. Read More

California's 'trigger cuts' imperil San Francisco budget

Ed Lee
San Francisco’s deficit would have been a lot worse if Mayor Ed Lee had not been able to come up with a pension cost-cutting measure this November, but he still faces a challenging balancing act. Read More

Strapped San Francisco schools asking teachers to trim expenses

San Francisco Unified School District will once again lean on teachers in order to trim expenses as it faces another year of probable state budget cuts. Read More

San Francisco budget falls short, but in a good way

You know the economy is still in the can when city officials see a $263 million budget deficit as good news. The latest projections from Mayor Ed Lee’s office show next fiscal year’s budgetary bloodshed won’t be as bad as originally thought. Budget forecasters had originally estimated a $350 million deficit. Read More

Muni fares are throwing riders off the bus

It certainly looks as if the San Francisco Municipal Transportation Agency and Muni are eager to step on the gas for big increases in fares and fees. But they stubbornly resist easing up on the brakes when it comes to stopping the waste of millions of our public dollars in the following categories:   Read More

Brown’s gimmick to balance California’s budget falls short

Jerry Brown sought his second stint as governor last year by promising to balance California’s deficit-riddled budget without gimmicks. “Our state is in a real mess, and I’m not going to give you any phony plans or snappy slogans that don’t go anywhere,” Brown said in one ad. “We have to make some tough decisions.” Read More

Muni spending extra $90M due to project delays

Muni
Long-term delays to major infrastructure and rehabilitation projects have resulted in $90 million in projected cost overruns for the San Francisco Municipal Transportation Agency.  Not including the SFMTA’s biggest project — the Central Subway plan — capital ventures overseen by the agency typically run 592 days later than projected, delays that have resulted in millions of dollars in excess costs, according to a new audit. Read More

Budget battle not ‘all about me’

This summer, the country was issued a warning. When Congress failed to deal with our growing national debt in a comprehensive and responsible manner, our debt was downgraded. We were lucky to get the warning. The country was told to come to terms with its spending habits, escalating deficits and growing debt burdens or risk a debt crisis that would do serious harm to our already tottering economy. Read More

Report shows disastrous effect of Pentagon cuts in budget cuts

The House Armed Services Committee recently sent President Barack Obama a report outlining cuts the military would have to make under the “sequestration” formula in this year’s Budget Control Act. Unless Congress and the president agree to an alternative long-term plan to reduce the deficit (supposedly coming from the so-called “supercommittee”), there will be automatic reductions in “discretionary” spending. Read More
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