San Diego budget deficits not over (SD Union Tribune)

November 22, 2012 – San Diego could face a city budget deficit of as much as $84 million next year if financial challenges take a turn for the worst and leaders address funding needs in infrastructure and public safety, according to a new review by the city’s independent budget analyst, Andrea Tevlin. The review paints a different picture from the $5 million surplus that outgoing Mayor Jerry Sanders had projected for the coming year in a five-year financial outlook released last month. The Mayor’s Office said the analyst’s review didn’t reveal anything new about the financial problems facing the city, it just put new price tags on them, and reserves have been bolstered in the past few years to be able to anticipate the issues.

Link to Full Article: http://www.utsandiego.com/news/2012/nov/21/analyst-city-budget-deficits-not-over/

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State of California – Analyst Resources

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