by DJDevine
These are the consequences of decriminalizing drugs, apathy towards the homeless, sky high taxes, and ridiculous policies. In other words, this is the result of voting unchecked for what feels good instead of what IS good for your community. Thank to that and essentially outlawing conservatism of any kind, this is the result of unchecked Marxist ideas.
Now you have a town whose citizens are fleeing by the thousands as fast as they can get away. My prediction is San Francisco will be the first of several cities in California to file for bankruptcy thanks to this political and economic exodus and I predict within the decade.
via sfstandard:
San Francisco’s budget deficit is poised to launch major debates over what gets funded, and what gets cut, as city departments prepare for serious belt-tightening.
A combination of rising expenses and diminishing revenue sent the city’s estimated deficit to $728 million, according to the most recent projections, and Mayor London Breed’s Office has told departments to slash spending and prepare for the worst.
To balance the budget, Breed ordered departments to cut 5% from their budgets in the next fiscal year and 8% the year following while preserving key policy priorities, including public safety, reducing homelessness and promoting economic recovery. It’s clear, however, that major trade-offs are in order.
“I’m telling departments, and I’m telling everyone else in the city that things could get worse,” said Anna Duning, the mayor’s budget director at a committee meeting on Wednesday. “We may have to come back to the departments for more. I think there are lots of difficult choices ahead.”
The city’s budget has been hit hard by falling business and property tax revenues as remote work emptied out Downtown offices.