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SAN DIEGO — Mayor Todd Gloria today revealed his proposed $5.65 billion budget for fiscal year 2025, a spending plan that's focused on continuing city improvements and avoiding major service losses amid a difficult economic time.
``We were able to avoid the most dire cuts by using one-time measures we cannot responsibly repeat next year, so a major part of this process will be how we reckon with our structural deficit.'' Another allocation is the proposed 1,000-bed shelter located at Kettner Boulevard and Vine Street in Middletown.
``This is in addition to the proactive investments the city has been making under the Water Infrastructure Finance and Innovation Act,'' the statement from Gloria's office reads. ``Through WIFIA, the city is using the Environmental Protection Agency's special loan program for water infrastructure projects, covering 49% of up to $733 million in stormwater upgrades, which range from pipeline replacements and pump station repairs to comprehensive watershed restoration.
However, with the expected $136.8 million shortfall San Diego is facing this year, cuts are coming to parts of city government, such as: eliminating funding for the Office of Immigrant Affairs, reabsorbing the Community Equity Fund into the general fund budget and suspending contributions to the city's reserves for one year, among other cuts.
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