Mayor Sanders’ $12 million budget surplus projection did not account for looming realities.
Last year Jerry Sanders stood in front of the cameras and gave us a bit of great news: After years of crippling budget deficits, the City of San Diego would be running a $12 million budget surplus in 2014. Our problems are solved! All Hail Jerry Sanders, the savior of San Diego!
Filner, on Tuesday night, took the wind right out of those sails. He said those projected budget surpluses could actually be as much as a $40 million budget deficit, despite all of the austerity measures enacted during the Sanders administration.
Yeah, sure, we’ve heard all this before from Filner. But this was different. This was no longer a campaign talking point or rhetoric. He’s now the mayor, and this was the State of the City Address. This was for real.
Although he never mentioned Sanders by name, he accused his predecessor of some shady accounting tricks in order to protect his mayoral legacy; of fudging the numbers so that he could say he left behind the first budget surplus in recent memory. Filner accused Sanders of deliberately misleading San Diego taxpayers. [Read more…]