The City faces a $45 million operating budget deficit this fiscal year and projects a $522.2 million deficit for the upcoming fiscal year beginning July 1.
Supervisor Ross Mirkarimi said he is “concerned about timelines here” and doesn’t want to see the city “squander” opportunities.
There are two elections coming up, one June and one in November, when city officials could work together to place before voters tax measures and changes to government structure to help close the deficit.
Mirkarimi requested that Mayor Gavin Newsom let the supervisors know what he is considering to help close the deficit. “Let us have that discussion now instead of putting us in the corner,” Mirkarimi said.
The comments came during Wednesday’s Board of Supervisors Budget and Finance Committee meeting.
Mirkarimi requested of Newsom’s budget director Greg Wagner that before the end of the year the Newsom administration reveals to the supervisors what strategies – tax measures and structural reform – Newsom is looking at to help close the deficit.
“Before this year comes to an end, I would ask that we have this discussion and I would ask that this discussion be reflective of an internal discussion that is emanating from the mayor’s desires, Steve Kawa’s desires (Newsom’s chief of staff), the administration.”
A special budget committee meeting is expected to be scheduled for the discussion in the coming weeks.