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Structural Deficit News |
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 Structural Deficit Elimination Plan: Stakeholder Input Meetings Scheduled
The City Council has approved Mayor Chuck Reed's recommendation that the City Manager and the Executive Director of the Redevelopment Agency develop a 3 Year General Fund Structural Deficit Elimination Plan for City Council consideration. Part of that plan includes Stakeholder Outreach. The City Council approved the Stakeholder Group which relies on the experience and expertise of Labor, Employees, Businesses, Nonprofits, Taxpayers and Neighborhood Associations to review the Priorities developed by the City Manager's General Fund Structural Deficit Task Force and the Mayor's Budget Shortfall Advisory Group. To see an Information Memo with more details click here.To access meeting schedules, agendas, presentations and synopses, click here. Inquiries or questions should be directed to Jane Light, 408-808-2150 or emailed to jane.light@sanjoseca.gov. |
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On November 20, 2008, the City Manager released the “General Fund Structural Deficit Elimination Plan.” |
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The General Fund Structural Deficit Elimination Plan (Plan) contains strategies for the City Council to consider to close an estimated $106 million deficit in the General Fund over the next five years. This Plan will be presented to the City Council at a Study Session on Friday, December 5.
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