San Francisco will spend $6.6 billion in the fiscal year starting Wednesday - the largest budget in its history - making the 47-square-mile city a bigger spender than seven states including Idaho and New Hampshire.
That's equal to spending more than $8,000 per city resident - and could build the Golden Gate Bridge five times over in today's dollars. And yet, it's not enough.
Mayor Gavin Newsom and the Board of Supervisors are engaged in a heated battle over the coming year's budget and whether to make big cuts to public safety or social services, which both sides describe as a life-or-death decision.
They agree on one thing: asking voters to support a $368 million bond measure in November to repair streets, one of the most basic roles of city government.
And the problem isn't just created by the economic recession. Every year for the past 10 years, the city has had a budget deficit - despite a robust tax base including very strong property values. The city has asked voters to approve tax increases in eight of those years, according to the controller's office...
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/06/28/BANN18DT58.DTLA link for the Controller's report cited in the article:
http://www.sfgov.org/site/uploadedfiles/controller/BIP_Report_3-16-09_FINAL.pdf
