The Morning Report
Get the news and information you need to take on the day.
Jay Goldstone, the city of San Diego’s chief financial officer, said today that the city’s deferred maintenance backlog carries “one of the biggest price tags” faced by the city outside of its famous $1.4-billion pension deficit.
Although most estimates on the backlog are years old and the Mayor’s Office is still putting together a firm calculation, Goldstone said the neglected backlog on city buildings and structures is “somewhere north” of $700 million to $800 million.
Deferred maintenance is an important – and overlooked – part of the mayor’s plan. It has long been known that City Hall has postponed needed repairs and maintenance, and the mayor has promised to put a price tag on those costs into the five-year budget plan he’s set to release before year’s end.