We have a spending problem so just tax more? (CSF Asks) ——————————————————————————
Even as San Francisco’s local economy is booming, revenues are not keeping up with the pace of city government spending, according to the Controller’s financial plan.
“As a result, a gap remains despite continued economic growth. The City currently projects revenue growth of $434.6 million, or 9.5 percent, over the four-year period of this plan, and expenditure growth of $972.9 million, or 21.2 percent,” the report said.