Trump budget will drain $315M a year from San Francisco's coffers, city says

"According to a report put together by the Department of Public Health and the Human Services Agency, the city will lose up to $315 million annually by fiscal year 2027 both from the Trump administration making direct cuts to federal programs that return tax revenue to the states, and from new federal rules that are intended to make it harder for low-income individuals to access welfare programs. That loss will go up to $400 million by 2038."

""These changes at the state and federal level represent a real threat to San Francisco - to our residents and to our budget," Mayor Daniel Lurie said in a statement. "Over the next several months, I will work with the Board of Supervisors, community leaders, and residents across the city to ensure we take care of San Franciscans and deliver another responsible budget that supports our residents and strengthens our recovery.""

San Francisco faces annual federal funding losses up to $315 million by fiscal year 2027 and up to $400 million by 2038 due to tax changes and new federal rules. Between 25,400 and 50,500 residents are projected to lose Medi-Cal coverage and about 20,000 could lose CalFresh benefits by the end of 2027. The Department of Public Health expects to lose $90 million to $180 million annually beginning in fiscal year 2027-28. The Human Services Agency would lose about $26 million a year because the federal share of CalFresh administrative costs falls from 50 percent to 25 percent. City leadership plans to adjust budgeting and engage stakeholders to mitigate impacts.

Read at Mission Local