On Monday, February 20, 2023 at 11:23:10 PM UTC-5, ScottW wrote:
The City of San Francisco is reportedly reconsidering its boycott on socially conservative states, after the ban on travel and contracting failed to change those states’ policies and raised the city’s contracting costs 10-20%.
I don't think they really gave a shit about the cost increases until their budget was forecast to have a 200M deficit in '23 and close to a half a billion in '24.
The forecast took into account the hundreds of millions of dollars in lower-than-expected property, business and real estate transfer taxes in the coming fiscal years, a result of high commercial vacancies and empty office towers in and around San
Francisco’s downtown. Other contributing factors include the phase-out of one-time federal funds the city received to stay afloat during the pandemic; higher wage requirements for city employees due to collective bargaining agreements with unions;
growing healthcare costs; and increased pension obligations.
Dems are destroying what was once arguably the nation's premier city.
ScottW
Just wait until the shit hits the fan.
Right now, the shit is just laying scattered on the sidewalks.
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)