Revenue from attractions in City parks, like Stow Lake, help support the $163 million budget of San Francisco's Recreation and Parks Department.
Photo and story by Thomas K. Pendergast
(Originally posted January 15, 2015, on SFBay, a news website for the San Francisco Bay Area.)
San Francisco’s budget forecasting season kicked off Thursday with some relatively good news: Although The City is expecting a $16 million deficit this coming fiscal year, that’s the lowest budget shortfall in a long time.
At a meeting of the Recreation and Park Commission, Katie Petrucione, the Recreation and Parks Department’s director of administration and finance, said this will be the first year that will not require “deep cuts” to Rec and Park’s budget in years.
Petrucione told the commission:
“The City’s two-year budget outlook is remarkably positive. … It’s the most positive that I have seen in the 14 years that I have been working on budgets in (San Francisco). I think that this is a result of the very strong revenue growth that the City is seeing, along with the fact that pretty much all of the City’s labor contracts are closed, combined with the discipline that has been imposed by having to manage a two-year budget process.”
Petrucione said the Mayor’s budget office is projecting a General Fund deficit of $16 million in fiscal year 2015-16, but is not asking departments taking from the General Fund to slash their budgets this coming year. She said that is a first since she’s been involved in budgeting the City’s money.