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News from

Councilmember Todd Gloria

City of San Diego District Three
For immediate release: August 6, 2015

Contact: Katie Keach, 619-847-8274

Audit Determines Improvement of San Diegos Finances

Budget Chair Gloria Comments on Audit Findings
SAN DIEGO, CA (August 6, 2015) Councilmember Todd Gloria today released a statement
about the Performance Audit of the City of San Diegos Financial Condition.
The audit validates the hard work and responsible decision making of the San Diego
City Council, Independent Budget Analyst, and city employees over the last several
years, said Councilmember Todd Gloria, who is serving as chair of the Budget and
Government Efficiency Committee for the fifth consecutive year. San Diego is facing
challenging issues including our need for infrastructure funding, and how we face those
will be critical to our financial condition. As the economy continues to rebound, it is
imperative that current and future city leaders consider likely financial market cycles and
the long term fiscal impacts of their decisions so San Diego remains in this positive
The audit determined that San Diegos financial condition between Fiscal Year 2005 and Fiscal
Year 2014 scored among the best compared to six cities of similar population size.