Mayor Newsom Signs the 2009-2010 Budget
08/04/09 - Today Mayor Newsom signed a balanced budget for the 2009-10 fiscal year that focuses on solving the budget challenge by attracting new jobs and making smart infrastructure investments in order to put San Franciscans back to work. The budget preserves basic services, maintains police officers and firefighters, and taps the rainy day fund to prevent teacher layoffs and balance the city’s budget. Healthy San Francisco, the city's first-of-its kind universal health care program, will continue to grow. The Board of Supervisors approved the $6.6 billion city budget for fiscal year 2009-10 with some revisions that did not rely on any new taxes and restored $43 million for vital social services.