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SF City Hall, Financial Timeline Tuesday, May 1 Bookmark and Share     Author
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  Mayor: $5.7 Billion Budget Proposal
World News (13) World Financial (254) USA (336) California (187) Bay Area (12) Bay Area Financial (215) SF City Hall (385) Business (69) Financial (22)
2014 (1) 2010 (1) 2008 (2) 2006 (1) 2005 (2) 2004 (5) 2003 (4) 2002 (6)
   Newsom (5)    Willie Brown (3)
Financial on Wikipedia Financial on Web

Taxes (27)   San Francisco Bank   Debt (25)   Newsom (136)   Willie Brown (67)
Projected Budget Shortfall Grows  City Controller expects a $90 million to $125 million budget gap, up from the $70 million projected a few weeks ago Moody's raises city's debt rating
Municipal Transportation Agency rolls out budget  The agency has proposed a basic spending plan of $915.4 million for the budget year that starts July 1 and $943 million for the following year. Taxes sought from banks' takeovers


year 2014 Top ^

Feb.16


year 2010 Top ^

Apr.5
  San Francisco Assessor-Recorder Phil Ting. Now Ting: Big banks have been slow to pay real estate taxes after they bought other companies


year 2008 Top ^

Nov.4
Aug.7
  Moody's Investor Service raise SF general obligation debt rating for the first time in 11 years, based largely on increase in the value of property



year 2006 Top ^

May.31
  The proposal includes historic amounts of spending in public safety and programs for children and families


year 2005 Top ^

May.31 Budget Calls for $283 Million Increase  Mayor Newsom unveiled his budget proposal for the coming fiscal year Mar.5   Mayor Warns of Looming Deficit
  Gavin Newsom says the budget is $113 million dollars short and that could balloon to $190 million

year 2004 Top ^

Aug.6   Mayor signed a $5 billion city budget  Gavin Newsom is closing a $307 million budget deficit, the largest the city has ever had Mar.28   54% jump in payroll costs under Brown
  Projected $352 million budget shortfall can be traced in part to a jump in city payroll costs under Mayor Willie Brown Feb.21 City gets $300,000 in gay-marriage fees  San Francisco is likely to spend at least that much fighting in court to defend its challenge to California laws Feb.3   Mayor to create credit for working poor  Gavin Newsom hopes to boost enrollment in an underutilized federal program for low-income workers Jan.27 Newsom to seek higher taxes
  New Mayor told business leaders a budget deficit that may exceed $300 million may give him little choice but


year 2003 Top ^

Jul.15 Supervisors approved budget
  Budget includes $100 million in cuts compared to last year's budget Jun.2 Budget averts early dire predictions  A new city budget closed a $347 million deficit through labor concessions, cuts in services and fee increases May.29 Rainy Day Fund  A candidate for a mayor Tom Ammiano introduced legislation that would create a hard-times reserve Apr.9 SF Gets Millions for Terrorism Prevention  The federal government will give 7 major U.S. cities millions of dollars to combat terrorism

year 2002 Top ^

Dec.19 Projected budget deficit topped $200M
  Officials were expecting a $170 million local shortfall. The state's $35 billion cash crunch will increase the damage Dec.10 Financial privacy protections voted  City supervisors voted 8-1 to install new financial privacy protections for city consumers Aug.9   Mayor signed $4.9 billion budget  Mayor said the budget was created without adversely impacting city services or resulting in employee layoffs Jul.23 $40m contract for wastewater treatment  SFO: Commissioners meeting at City Hall approved a replacement of 30-year-old facilities Jun.25 Measure to oversight of SFO spending  Measure allows the airport to return to the full board sometime down the road to ask for more money to study runway options Jun.3   4.9 billion budget proposal
  The proposal by Mayor Willie Brown is down $380 million from last year. There are plans to cut the jobs of 61 city workers





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