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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The title of this thread looks especially dumb now.

Congrats on jumping to conclusions, OP!

This murder has nada to do with San Francisco except some dude was mad at someone his sister knows and they all lived there or nearby.

I wish people would think before spouting off whatever Fox News or Elon Musk says about “crime” in cities. [/quote]

Wow, you're a moron. The links posted in the first post have nothing to do with the stabbing, idiot. Whole Foods is closing because of too much crime. Starbucks cannot have seating for guests because of too many homeless encampments inside stores. There is also still an $800M budget hole now.

Get some reading comprehension, clown.[/quote]

That $800M budget hole is over 2 years.  $400M on a recenues of $6500.  So really not as dire as you suggest.    And a whole foods closing is *truly* a pearl-clutching moment, but it is only a temporary closure.  Kudos to you for carefully you track nationwide grocery store safety, but I'm personally more concerned about the stores experiencing mass shootings.  People are dying in stores across the country, but this is where you see civilization crumbling? SMH[/quote]

DP
Sounds pretty dire to me.

[quote]A combination of rising expenses and diminishing revenue sent the city’s estimated deficit to $728 million, according to the most recent projections, and Mayor London Breed’s Office has told departments to slash spending and prepare for the worst.

To balance the budget, Breed ordered departments to cut 5% from their budgets in the next fiscal year and 8% the year following while preserving key policy priorities, including public safety, reducing homelessness and promoting economic recovery. It’s clear, however, that major trade-offs are in order.

The city’s budget has been hit hard by falling business and property tax revenues as remote work emptied out Downtown offices.

Declining commercial property values could further erode property taxes—the city’s biggest cash cow—amid what officials acknowledge as a “permanent shift” away from Downtown offices. Appeals of property assessments are expected to rise from 2,592 in the last fiscal year to around 3,800 in fiscal year 2024-2025.

Currently, the city is relying on a “conservative” estimate of office vacancies that sees a peak of about 29% this year before declining to 22.6% by the end of 2026.

That’s accompanied by a slump in home values, particularly in the condo market. Budget officials expect condo prices to dip over the next few years, but recover by 2027.

[b]According to a draft five-year financial plan, city officials project a deficit that grows annually from $200 million to $1.2 billion over the next five fiscal years.[/b] [/quote]

https://sfstandard.com/politics/city-hall/mayor-breed-orders-belt-tightening-as-budget-shortfall-soars/[/quote]

Yes, if they increase spending by $1.4 billion a year and everything goes wrong with both the housing and commercial real estate markets.  [/quote]

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