Mayor Matt Mahan is warning that labor wage increases will put the city in a difficult financial situation in the next half decade
A fierce San Jose City Hall debate this summer between business and labor interestsis now raising concerns over what the long-term financial impact of the pay bumps could portend.
“We’ve signed up for and committed ourselves to unsustainable raises over the next three years,” said Mayor Matt Mahan in an interview. “The spending is certain. The cuts are unknown.” Mahan said a projected downward trend in certain tax revenues andmake the union wage increases particularly untenable for the city’s financial state going forward.
An overwhelming majority of the public supported saving future Viva CalleSJ events on Tuesday, with many pleading for the city to find a way to retain its funding.
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