Mayor Kevin L. Faulconer
San Diego, CA - Mayor Kevin L. Faulconer released his first "One San Diego" City budget proposal today, outlining a plan to direct more money toward streets, neighborhood services and public safety. The City of San Diego Fiscal Year 2015 proposed budget puts neighborhoods first by prioritizing infrastructure repair and construction; funding critical police, fire and lifeguard needs; increasing funding for libraries, recreation centers and a new afterschool program; supporting homeless services; and enhancing transparency and open data initiatives.
"This budget will bring San Diego smoother roads, more police on the beat, improved emergency response times when you call 911, more hours and afterschool programs at libraries, and funding to bring City Hall into the digital age," Faulconer said. "Simply put, this nearly $3 billion budget returns City Hall's focus to San Diego's neighborhoods - and puts our vision for "One San Diego" to work."
The $2.97 billion budget is balanced using fiscally responsible practices and continued savings from fiscal reforms. More than 50 percent of growth from the City's major revenue sources - property, sales and transient occupancy taxes - is directed toward fixing San Diego neighborhoods.
"This budget puts our neighborhoods first and pays for neighborhood improvements with common-sense financial practices," said Faulconer. "It translates a recovering local economy and the benefits of reform - pension reform, retiree healthcare reform and managed competition - into community revitalization."
Faulconer emphasized his spending plan pays for neighborhood services without sacrificing the sound fiscal strategies that helped bring San Diego back from the brink of bankruptcy. The City had initially projected a $19.1 million General Fund deficit for the coming fiscal year. Faulconer credited the financial turnaround to reforms approved by the voters and City leaders, prudent fiscal management that have made San Diego a model for financial accountability and stability, and a rebounding economy.
"I believe we have a real opportunity to unite San Diego and make sure no community is left behind," Faulconer said. "By targeting the surplus revenue in this budget to services that have been cut over the years, San Diego is back on track and set up for success."
In addition, Faulconer has asked all departments to continue to provide innovative ideas for cost reductions and efficiencies, encouraging a culture of continuous improvement and open communication. Faulconer will be announcing plans regarding the managed competition program in the next several weeks.
The nearly $3 billion budget proposal recommends spending levels for City operations for Fiscal Year 2015, which runs from July 1, 2014, through June 30, 2015. The final budget will be adopted in June following several weeks of review by the public and City Council. Faulconer will formally present the budget to the City Council at 2 p.m. Tuesday in the City Council Chambers.
The entire budget can be viewed online at http://www.sandiego.gov/fm/proposed/index.shtml
CONTACT: Matt Awbrey (619) 453-9913 or [email protected]