SOURCE: SF CAFRs

Budgetary Comparison Schedule - General Fund

(In Thousands)
Actual Budgetary Basis
Total revenues as reported on the statement of revenues, expenditures and changes in fund balance - General Fund
Total expenditures as reported on the statement of revenues, expenditures and changes in fund balance - General Fund
Fiscal Year Ending 6/30/2005 6/30/2006 6/30/2007 6/30/2008 6/30/2009 6/30/2010 6/30/2011 6/30/2012 6/30/2013 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019
Revenues $ 2,216,794 $ 2,473,839 $ 2,648,739 $ 2,724,169 $ 2,717,182 $ 2,798,650 $ 2,964,249 $ 3,153,115 $ 3,327,036 $ 3,747,361 $ 4,112,644 $ 4,356,916 $ 4,636,787 $ 4,989,555 $ 5,890,221
Expenses $ 1,944,670 $ 1,967,808 $ 2,161,476 $ 2,392,374 $ 2,410,584 $ 2,447,132 $ 2,440,017 $ 2,595,522 $ 2,794,692 $ 2,954,898 $ 3,099,553 $ 3,324,512 $ 3,479,654 $ 3,739,760 $ 4,030,506

ACTUAL Annual Surplus/(Deficit) $ 272,124 $ 506,031 $ 487,263 $ 331,795 $ 306,598 $ 351,518 $ 524,232 $ 557,593 $ 532,344 $ 792,463 $ 1,013,091 $ 1,032,404 $ 1,157,133 $ 1,249,795 $ 1,859,715

ACTUAL "Revenue" Growth $ - $ 257,045 $ 174,900 $ 75,430 $ (6,987) $ 81,468 $ 165,599 $ 188,866 $ 173,921 $ 420,325 $ 365,283 $ 244,272 $ 279,871 $ 352,768 $ 900,666
ACTUAL "Expenses" Growth $ $ 23,138 $ 193,668 $ 230,898 $ 18,210 $ 36,548 $ (7,115) $ 155,505 $ 199,170 $ 160,206 $ 144,655 $ 224,959 $ 155,142 $ 260,106 $ 290,746

Average FYE 2005-FYE2019

ACTUAL "Revenue" Growth % - 11.60% 7.07% 2.85% -0.26% 3.00% 5.92% 6.37% 5.52% 12.63% 9.75% 5.94% 6.42% 7.61% 18.05% 7.32%
ACTUAL "Expenses" Growth % 1.19% 9.84% 10.68% 0.76% 1.52% -0.29% 6.37% 7.67% 5.73% 4.90% 7.26% 4.67% 7.48% 7.77% 5.40%
 OTBR 1st Yr Projection
Published Issued
3/21/2005
3/15/2006
3/21/2007
3/21/2007
3/31/2009
4/2/2010
5/3/2011
3/7/2012
3/1/2013
3/6/2014
3/12/2015 3/6/2014
3/22/2016 3/12/2015
3/23/2017 3/22/2016
3/23/2018 3/23/2017
3/19/2019 3/23/2018
1/3/2020 3/19/2019

2011 5-year Budget Projections begin

 1st Year via Joint Report
Projected Revenue 1st
2nd Yr Projection 3rd Yr Projection FY-Ending Original Total Year-Out via Joint
Issued Issued Year Budgeted Revenue Report
3/14/2002 2005 $2,292,400,000
3/21/2003 2006 $2,392,700,000
3/19/2004 2007 $2,579,700,000
3/21/2005 2008 $2,522,500,000
3/15/2006 2009 $2,892,600,000
3/21/2007 2010 $2,792,800,000
3/21/2008 2011 $2,753,700,000
3/31/2009 2012 $2,932,700,000
4/2/2010 2013 $3,210,100,000
5/3/2011 2014 $3,575,300,000
3/7/2012 2015 $3,870,000,000 $3,739,500,000
3/6/2014 3/1/2013 2016 $4,197,500,000 $4,095,900,000
3/12/2015 3/6/2014 2017 $4,519,700,000 $4,361,100,000
3/22/2016 12/9/2014 2018 $4,789,300,000 $4,676,200,000
3/23/2017 3/22/2016 2019 $5,090,900,000 $5,039,900,000
3/23/2018 3/23/2017 2020 $5,679,600,000 $5,393,400,000
2021

Projection for 3rd year - General Fund: Projected Revnue less Expenditures
Projection Issued FY-Ending Year
3/19/2004 2005
3/21/2005 2006
3/15/2006 2007
3/21/2007 2008
3/21/2008 2009
3/31/2009 2010
4/2/2010 2011
6/7/2011 2012
3/7/2012 2013
3/1/2013 2014
3/6/2014 2015
12/9/2014 2016
12/7/2015 2017
12/15/2016 2018
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2nd Year via Joint Report 3rd Year via Joint Report Y-E Actuals ONLY Year adopted used
Projected Revenue 3rd
Projected Revenue 2nd Year-Out via Joint AAO Budgeted
Year-Out via Joint Report Report Year-End Actuals Revenue/Expense
$2,222,800,000 $2,227,500,000
$2,166,900,000 $2,474,600,000
$2,155,700,000 $2,659,100,000
$2,334,100,000 $2,769,200,000
$2,594,400,000 $2,790,000,000
$2,931,200,000 $2,830,600,000
$3,051,200,000 $2,945,100,000
$2,866,600,000 $3,152,800,000
$2,733,300,000 $3,359,300,000
$2,923,900,000 $3,721,000,000
$3,195,400,000 $4,099,100,000 $4,270,953,200
$3,840,400,000 $3,630,600,000 $4,365,600,000 $4,587,552,026
$4,178,500,000 $3,919,600,000 $4,672,500,000 $4,859,781,042
$4,492,200,000 $4,302,600,000 $4,984,500,000 $5,147,557,828
$4,764,100,000 $4,635,100,000 $5,884,200,000 $5,511,633,982
$5,152,400,000 $4,890,300,000 $6,142,885,797

Projected Surplus (Deficit)

$23,200,000
$2,500,000
-$1,000,000
-$43,800,000
$11,400,000
$83,000,000
-$40,700,000
-$771,000,000
-$827,000,000
-$619,000,000
-$492,000,000
-$367,700,000
-$282,600,000
ferent file format will permanently break the chart.
 Budget
Percentage Off
Amount Projection Was Off Projection Percentage Off Amount Budget Was Off via 3rd via 3rd Year
via 3rd Year Projection via 3rd Year Projection Year Projection Projection
-$4,700,000 0% $64,900,000 -3%
-$307,700,000 14% -$81,900,000 3%
-$503,400,000 23% -$79,400,000 3%
-$435,100,000 19% -$246,700,000 10%
-$195,600,000 8% $102,600,000 -4%
$100,600,000 -3% -$37,800,000 1%
$106,100,000 -3% -$191,400,000 7%
-$286,200,000 10% -$220,100,000 8%
-$626,000,000 23% -$149,200,000 5%
-$797,100,000 27% -$145,700,000 4%
-$903,700,000 28% -$229,100,000 6%
-$735,000,000 20% -$168,100,000 4%
-$752,900,000 19% -$152,800,000 3%
-$681,900,000 16% -$195,200,000 4%
-$1,249,100,000 27% -$793,300,000 16%

Ye
Actual Surplus (Deficit) Projection v Actual Surplus (Deficit) Variance $0
Pub. 2011 Pu
$102,113,000 $78,913,000
$153,277,000 $150,777,000 -$500,000,000

$83,117,000 $84,117,000
-$1,000,000,000
-$97,420,000 -$53,620,000
-$70,681,000 -$82,081,000
-$1,500,000,000
-$78,472,000 -$161,472,000
$115,846,000 $156,546,000 -$2,000,000,000
$129,211,000 $900,211,000
$117,540,000 $944,540,000 -$2,500,000,000
$267,065,000 $886,065,000
$294,388,000 $786,388,000 -$3,000,000,000
$290,740,000 $658,440,000
$472,504,000 $755,104,000
$0
 $6,000,000,000
2005-2

$5,000,000,000

$4,000,000,000

$3,000,000,000

$2,000,000,000

$1,000,000,000

$0
Year End Actuals 2005
-$4,700,00
Pub. 2011 -$1,709,300,000
Pub. 2012 -$2,326,800,000 -$1,000,000,000
Pub. 2013 -$2,435,800,000
Pub. 2014 -$2,391,600,000 -$2,000,000,000
Pub. 2015 -$2,169,800,000

Year End Actuals

$0
Pub. 2011 Pub. 2012 Pub. 2013 Pub. 2014 Pub. 2015

-$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

$3,000,000,000
$6,000,000,000
2005-2018 3rd Year Projection Misses Reality by an Average of 14%, Totalin

$5,000,000,000

$4,000,000,000

$3,000,000,000

$2,000,000,000

$1,000,000,000

$106,100,000.000
$100,600,000.000
$0
2005
-$4,700,000.000 2006 2007 2008 2009 2010 2011 2012 2013 2
-$307,700,000.000 -$195,600,000.000 -$286,200,000.000
-$435,100,000.000
-$503,400,000.000 -$626,000,000.000
-$1,000,000,000 -$797

-$2,000,000,000

Projected Revenue 3rd Year-Out vi a Joi nt Report Yea r-End Actual s Amount Projection Wa s Off vi a 3rd Yea r Proje
erage of 14%, Totaling $5.6 Billion

00.000
2012 2013 2014 2015 2016 2017 2018
-$286,200,000.000
-$626,000,000.000 -$735,000,000.000 -$681,900,000.000
-$752,900,000.000
-$797,100,000.000
-$903,700,000.000

t Projection Wa s Off vi a 3rd Yea r Projection

 Projected Deficit at Time of Bu Surplus from Original Budget and Year-End Actuals at
FY 16 & FY17 ($104.20) $320.90
FY 17 & FY18 ($340.00) $348.00
FY 18 & FY 19 ($402.40) $988.50
FY 19 & FY 20 ($261.60) $793.30
FY 20 & FY 21 ($270.80)
FY 21 & FY 22 ($419.50)

Projections Versus Reality

$1,200.00

$1,000.00

$800.00

$600.00

$400.00

$200.00

$0.00
FY 16 & FY17 FY 17 & FY18 FY 18 & FY 19 FY 19 & FY 20 FY 20 & FY 21 FY 21 & FY 2

($200.00)

($400.00)

($600.00)

Projected Defici t at Ti me of Budget Instructions ($M)

Surpl us from Ori ginal Budget and Yea r-End Actua l s at Ti me of Joi nt Report ($M)
 Total Dollars Projected Deficit was Off From Reality
$425.10
$688.00
$1,390.90
$1,054.90

SOURCE: SF Joint Report

Original Total
FY-Ending Budgeted
Year Revenue Year-End Actuals
2016 $4,197,500,000 $4,365,600,000
2017 $4,519,700,000 $4,672,500,000
2018 $4,789,300,000 $4,984,500,000
2019 $5,090,900,000 $5,884,200,000
2020 $5,679,600,000

20 FY 20 & FY 21 FY 21 & FY 22

me of Joi nt Report ($M)

 Total Dollars Projected Deficit w
$1,600.00

$1,400.00

$1,200.00

Surplus/(Deficit) $1,000.00

$168,100,000 $800.00
$152,800,000
$600.00
$195,200,000
$793,300,000 $400.00

$200.00

$0.00
FY 16 & FY17 FY 17 & FY18
ollars Projected Deficit was Off From Reality

6 & FY17 FY 17 & FY18 FY 18 & FY 19 FY 19 & FY 20

https://sfcontroller.org/sites/default/files/Documents/Budget/AAO%20FY2019-20%20%26%20FY2020-21%20JULY%20B%26F%20Budget%20FINAL.pdf

Fiscal Year 2020-2021

General Fund
Total Support as
Allocated General Departmental Percentage of Total VALUE of FY2020-21 VALUE of FY2021-22
Department Fund Support Sources Departmental Budget 3.5% CUT 7% CUT
01: Public Protection $1,322,763,386 $1,785,441,991 74.1% $46,296,719 $92,593,437 2.6% 5.2% $138,890,156
02: Public Works, Transportation & Commerce $638,595,308 $4,616,186,741 13.8% $22,350,836 $44,701,672 0.5% 1.0% $67,052,507
03: Human Welfare & Neighborhood Development $610,835,421 $1,731,525,602 35.3% $21,379,240 $42,758,479 1.2% 2.5% $64,137,719
04: Community Health $861,499,050 $2,423,403,761 35.5% $30,152,467 $60,304,934 1.2% 2.5% $90,457,400
05: Culture & Recreation $235,264,324 $484,449,646 48.6% $8,234,251 $16,468,503 1.7% 3.4% $24,702,754
06: General Administration & Finance $340,324,205 $1,441,611,645 23.6% $11,911,347 $23,822,694 0.8% 1.7% $35,734,042
TOTAL 4,009,281,694 12,482,619,386 32.1% $140,324,859 $280,649,719 $420,974,578