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Mayor Todd Gloria on Friday unveiled a proposed budget that relies on a series of one-time moves and cuts to close a projected $137 million deficit.
Among those moves, as detailed by the Union-Tribune: nixing $30 million in planned rainy day fund contributions, pulling $15 million from the city’s housing agency and skipping an annual contribution to a fund backing climate-friendly projects in low-income communities to free up $8.5 million.
Also on the chopping block for the fiscal year beginning in July: the city’s Office of Immigrant Affairs and its Cannabis Social Equity Program plus smaller cuts to other programs and departments.
There are some additions: The U-T reports that the budget includes about $18 million for the proposed mega shelter and a new safe parking site near Liberty Station for people living in vehicles, roughly $60 million for emergency flood prevention.
What’s next: Gloria is set to present the budget to the City Council later this month. The City Council will hold budget hearings in early May and then Gloria will release a revised budget on May 14. The City Council must vote on the proposed budget by mid-June.
Todd, everyone hates you.