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1 year agoS.F. and Oakland are eyeing big deficits. Why not San Jose?
Some of the Bay Area's largest cities are facing truly eye-popping budget deficits.San Francisco is projecting a $290 million shortfall.Oakland, short by $177 million, isn't faring much better.But down south, the outlook is a bit sunnier.San Jose is reporting a $35.3 million surplus.Why such a divergence?