San Diego faces a $120 million budget deficit as a new financial report warns of unsustainable spending

SAN DIEGO (KGTV) — A new financial report from the San Diego County Taxpayers Association warns that the City of San Diego is on an unsustainable financial path as it faces a $120 million budget deficit.

With the city budget set to be released on Wednesday, city leaders say they are already making tough decisions to address rising costs, growing debt, and aging infrastructure.

“There’s a disconnect between how much money is coming in and how and how much money is being spent,” Mark Kersey said…

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