Budget Outlook & Department Instructions January 2020 - - PowerPoint PPT Presentation

Mayor’s Office of Public Policy and Finance City and County of San Francisco

Budget Outlook & Department Instructions

January 2020 Presentation for the Department on the Status of Women

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Mayor’s Office of Public Policy and Finance City and County of San Francisco

Agenda

• Fiscal Outlook & the Deficit
• Mayoral Priorities
• Budget Instructions for Departments

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Mayor’s Office of Public Policy and Finance City and County of San Francisco

Projected Deficit vs. Historical Deficits

3 $104.2 $340.0 $402.4 $261.6 $270.8

$419.5

FY 16 & FY17 FY 17 & FY18 FY 18 & FY 19 FY 19 & FY 20 FY 20 & FY 21 FY 21 & FY 22

Deficit at Time of Budget Instructions ($M)

First year of budget (BY) Second year of budget (BY+1)

Mayor’s Office of Public Policy and Finance City and County of San Francisco

Two-Year Deficit

$419.5 million shortfall for the upcoming two-year budget Mayor must introduce a balanced budget each year

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Mayor’s Office of Public Policy and Finance City and County of San Francisco

Deficit – Changes Summary

What changed from last year? The rate of revenue growth is slowing and rising costs are significantly outpacing revenue

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$0 $200 $400 $600 $800 $1,000 $1,200 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24

Millions

Expenditure Growth (projected) Revenue Growth (projected)

Mayor’s Office of Public Policy and Finance City and County of San Francisco

Mayoral Priorities

The Mayor’s top priority for the coming year is to address the challenges we face with those struggling on our streets

• Housing, shelter, and services for those in need
• Clean and safe streets for everyone
• Healthy and vibrant neighborhoods

We need to focus and reprioritize funding toward this most pressing need so we can:

• Provide assistance to those on our streets
• Be responsive to residents
• Support City workers out there trying to make a difference

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Mayor’s Office of Public Policy and Finance City and County of San Francisco

• Mandated “target” efficiency/reduction proposals of 3.5% reduction

in adjusted general fund support, growing to 7% total in second year

• Intensified focus on accountability and equitable outcomes
• Demonstrate the effective use of resources, help identify programs

and funding that can be reprioritized

• Do not load new General Fund supported FTE or budget

enhancements

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Budget Instructions

Mayor’s Office of Public Policy and Finance City and County of San Francisco

Calendar / Key Dates

Dec 16 Budget Outlook & Instructions issued February 21 Budget submissions due to Mayor’s Budget Office June 1 Mayor proposes balanced budget to Board of Supervisors June Budget and Finance Committee hearings July Budget considered at Board of Supervisors

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Mayor’s Office of Public Policy and Finance City and County of San Francisco

Contact Information

Andrea Lynn– Mayor’s Budget Office Analyst Andrea.lynn@sfgov.org 415-554-6656

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