BOMA San Francisco Members:
The Controller’s Office provides periodic budget status updates to the City’s policy makers during the course of each fiscal year, as directed by Charter Section 3.105. This report provides the most recent expenditure and revenue information and projections for the Fiscal Year End.
The report updates the projections provided in the Controller’s FY 2011-12 Six-Month Budget Status Report (Six Month Report) published February 13, 2012.
As shown in Table 1, below, this report projects an ending available General Fund balance of $172.4 million, representing a $43.3 million increase from the Six-Month Report projection.