SAN DIEGO — San Diego is projecting a nearly $16.8 million midyear deficit due to lower than expected revenues from hotel taxes and paid parking in Balboa Park as well as increase in overtime payouts for police and fire.
According to a report from the city’s financial department, general fund shows revenues are expected to finish the year about $13.6 million, or 0.6%, below the current budget.
Officials say revenues from transient occupancy taxes, or hotel tax, have fallen by $7.4 million due to what officials cite as a “significant decline in international travel and tempered growth in both leisure and business travel…