Weird SF budget accounting could free up millions of dollars for next budget - 48 hills
Briefly

An audit of San Francisco's budget has revealed a staggering $1.3 billion was allocated for interdepartmental services in 2022-2023, with $332 million remaining unspent. Interdepartmental services, often overlooked in budget discussions, involve accounting charges between city departments. This mismanagement contributes to a projected budget deficit. The audit documented increasing unspent appropriations in these services over the past several years, raising concerns about fiscal accountability and efficiency in city operations.
Interdepartmental services accounted for over $1.3 billion in San Francisco's 2022-2023 budget, revealing significant funds went unspent, raising concerns about transparency.
The audit revealed $332 million remained unspent in interdepartmental services, which represents more than half of the projected budget deficit, highlighting fiscal management issues.
Read at 48 hills
[
|
]
More like this
San Francisco
fromMission Local
2 months ago

S.F. city departments are billing each other millions as city faces down massive deficit

San Francisco has unspent millions due to poor fiscal management as departments bill each other, risking accountability amid budget cuts.