San Francisco budget deficit


San Francisco City Employees Rally Against Corporate Tax Breaks

Hundreds of San Francisco city employees created traffic delays at a busy intersection when they rallied against corporate tax breaks.


San Francisco Mayor Ed Lee. (Justin Sullivan/Getty Images)

City Deficit Weighs Heavy On San Francisco Mayor Lee’s Mind

Mayor Ed Lee is working on the budget for the next fiscal year, but is anticipating some bad news.


San Francisco City Hall. (CBS)

San Francisco Assessor Announces Additional $50M In Tax Revenue

San Francisco Assessor-Recorder Phil Ting announced Wednesday that his office generated an additional $50 million in property tax revenue above expectations, helping the city close a large budget deficit for the coming fiscal year.

CBS San Francisco–06/08/2011