San Diego unveils first 'structurally balanced' budget in years
Los Angeles, San Jose, San Francisco and a bunch of smaller cities in California are facing whopping budget deficits. San Diego is not.
Stop: There is no need to adjust your monitor.
After a decade of fiscal struggle and political controversy, San Diego appears to be emerging from the worst of its budget woes, ahead of other cities that only more recently have confronted the problems of a national recession and spiraling pension costs. The deficit in Los Angeles, for instance, is estimated at $220 million.
San Diego Mayor Jerry Sanders on Wednesday presented what he called the city’s first “structurally balanced budget in years.” For the first time in his seven years, there is no need for layoffs or service cutbacks, he said.
“We are light years away from where we were when he took office,” said Councilman Todd Gloria.
Though the bonhomie is not shared by everybody at City Hall -- Councilman Carl DeMaio, a candidate to succeed Sanders, says the budget remains full of red ink -- Sanders’ unveiling of his last budget as mayor was a time for celebration.
Council President Tony Young said that after years of cuts, the city hopes to use a surplus to restore some services.
"Now we're prepared to do more for our citizens," he said.
-- Tony Perry in San Diego
Photo: San Diego city budget document. Credit: City of San Diego