Thread by @eladgil, https://www.sfchronicle.com/bayarea/article/Bay-Area-cities-face-grim-financial-outlook-amid-15259394.phpSan Jose: 1 million people. $4.5B budget. Will lose $45M to $65M [...]

Elad Gil

eladgil

https://www.sfchronicle.com/bayarea/article/Bay-Area-cities-face-grim-financial-outlook-amid-15259394.php

San">https://www.sfchronicle.com/bayarea/a... Jose: 1 million people. $4.5B budget. Will lose $45M to $65M a year during COVID-19.

San Francisco. ~900,000 people. $12.5 budget. Expected shortfall of $1.1B to $1.7B over two years.

Bay Area cities face grim financial outlook amid budget slashing. Here's what cities are planning...

Sales tax revenues have plunged. So have hotel tax receipts. And income from parking and tourism. That has forced cities to confront difficult, complex spending choices while dealing with a still-u...

https://www.sfchronicle.com/bayarea/article/Bay-Area-cities-face-grim-financial-outlook-amid-15259394.php

https://www.sfchronicle.com/bayarea/philmatier/article/San-Francisco-s-coronavirus-job-losses-piling-15258080.php">https://www.sfchronicle.com/bayarea/p...

San Francisco's coronavirus job losses pile up, and this may be just the start

More than 166,000 people work at San Francisco businesses that have fully or partially closed, and the hours they’ve lost have resulted in an estimated $879 million-a-month plunge in wages, a survey...

https://www.sfchronicle.com/bayarea/philmatier/article/San-Francisco-s-coronavirus-job-losses-piling-15258080.php

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