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San Diego on Track to Erase Deficit in Next Fiscal Year, but Billion-Dollar Infrastructure Backlog Still Looms Large

City finance officials say $180 million in cuts, fee hikes and new revenue sources erased the gap, though reserves remain below target.

CFO: "The city will not have to start its (next) budget process by deciding which services to cut, unlike each of the last several years."

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abc10 News broke the news in Poway, United States on Friday, November 6, 2026.
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