Archive for the ‘Erica Mendelson’ Category
Councilmember Carl DeMaio released a memo today showing the major impact the new Downtown Library project will have on the city’s General Fund which faces a staggering $200 million deficit.
By shelving a new downtown library, the city could save as much as $63 million over the next five years, according to a fiscal analysis by City Councilman Carl DeMaio.
DeMaio, who is opposed to the project, issued a memo Monday to his council colleagues and Mayor Jerry Sanders that outlines how much the city would save if it abandons the project.
As the City of San Diego confronts a staggering $200 Million-plus budget deficit, Councilmembers Carl DeMaio and Donna Frye have teamed up to propose a process to analyze and negotiate significant reforms in pension benefits that have been awarded to city employees over the years and are now contributing to the city’s financial problems.
Below is a great editorial by Michael Rosen detailing the deficit and the bipartisan plan to begin the reform process.
San Diegans have known for years that our city is in trouble, but the extent of that trouble came sharply into focus days ago with the release of the latest alarming budget deficit numbers.
Today the City disclosed a budget deficit of $180 million — confirming concerns that the city’s financial problems are worsening.
Councilmember DeMaio believes it is imperative that we educate and engage the public on the city’s financial problems — and seek their ideas on solutions. That’s why he’s convening an eight-week long series of “Town Halls on City Finances.” (See release below)
We’re ready to go on a “fiscal reality road show” around the city seeking public engagement and ideas for solutions.
In Wake of $180 Million Budget Deficit, DeMaio Launches Series of Public “Town Halls” on City Finances
Forums to Offer the Public a Candid Look at City’s Finances