San Francisco Mayor Says $840 Million Budget Deficit Requires ‘Extremely Tough Decisions’

The deficit could rise to $1 billion in year three, Mayor Daniel Lurie said in a statement.

San Francisco City Hall in San Francisco on Feb. 18, 2004. Hector Mata/AFP via Getty Images

SAN FRANCISCO—The city of San Francisco is facing an $840.2 million deficit with the upcoming two-year budget, according to a projection in the Six-Month Budget Status Report released by the controller’s office on Feb. 18.

Mayor Daniel Lurie called the deficit “historic,” and said it could rise to $1 billion in year three.