Newsom: Tax measure won't offset shortfall 

Mayor Gavin Newsom said a tax measure to offset a budget deficit would not solve this year’s $522 million shortfall.

Next week, Newsom will meet with public employee unions again to discuss options other than cutting full-time workers to part-time status to save $50 million. But Newsom said that the soonest a tax measure, which would need support of the voters, could go on the ballot is November, and The City has to adopt a balanced budget by June 1.

“It doesn’t solve this year’s problem, and that was a cold dose of reality,” Newsom said.

The mayor said he is willing to consider other alternatives, including a 6 percent pay cut, layoffs or a combination of both if that is what labor unions prefer.

“I said if you have better ideas I’m all ears,” Newsom said. “But at the end of the day something significant has to happen and I want to underscore that this won’t come close to solving the problem.”

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Erin Sherbert

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