Gloria's pointed comments about the county's responsibility caused a stir in the days since he delivered the speech, which sets the table for budget talks in coming months.
A one-cent sales tax measure which could have shored up that deficit narrowly failed in November. As a result, Gloria and the city will have to determine how to maintain service levels and what must be cut.
The city will enter into exclusive negotiations with Create Dev LLC and MRK Partners. The team is proposing to rehabilitate the 21-story office tower with 250 subsidized apartments.
Mayor Todd Gloria welcomed the era of austerity in his State of the City speech Wednesday, promising to tame a $258 million budget deficit this year. Driving the news: Shirking the pomp and circumstance of a Balboa Theatre evening address,
While his speech at City Hall was often upbeat, Gloria was aggressive when he declared that it’s not acceptable for city of San Diego taxpayers to pay the lion’s share of regional
The price to park at thousands of metered spots across San Diego will soon double — an effort to help the city avoid budget cuts to cherished amenities as it faces projected deficits of nearly $1.5 billion over the next five years.
Lo que quedó fueron proyecciones más realistas y conservadoras sobre las finanzas del sistema de pensiones. Se aumentó la esperanza de vida para los trabajadores y se redujo la tasa anticipada de retorno de las inversiones anuales del fondo de pensiones, que ahora se encuentra en un 6.5 por ciento.