San Francisco is officially $10 billion in the hole - by patrick-wolff - March 18, 2018 - The San Francisco Examiner: "Large and growing structural deficits mean that — all else equal — San Francisco must keep cutting city services and/or raising taxes year after year after year. Why is this happening? The largest source, by far, of San Francisco’s budget pressures is also one of the least understood: the obligations The City has already incurred and must now honor for health care and pension payments.
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