Daniel Lurie, the newly elected mayor of San Francisco, is set to take office on January 8 and immediately face a two-year budget shortfall of $876 million. This deficit, partly due to pandemic-related policies, will necessitate significant cuts in staff and services to address the shortfall.
San Francisco Mayor -elect Daniel Lurie will have to tackle the city’s nearly $1 billion budget deficit when he takes office on January 8, and he may be forced to cut staff and services to overcome a shortfall of the city’s own creation.
The latest fiscal update released Tuesday by Mayor London Breed’s office presents a dire outlook for the city budget, suggesting that closing the deficit will be one of the most difficult and time-consuming challenges facing Lurie after he is inaugurated Jan. 8. Breed told departments to plan for permanent general fund spending reductions of 15% starting next fiscal year, though it will be up to Lurie to decide which cuts he will adopt.from the pandemic, are weighing on city finances.
San Francisco Daniel Lurie Budget Deficit Mayor Pandemic Policies Staff Cuts Services Cuts
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