California IN BRIEF : SAN FRANCISCO : Mayor Freezes Hiring by City
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From Times Staff and Wire Reports
Mayor Art Agnos has frozen city hiring after a report showed that the city will fall $20 million below budget projections by the end of the year. Only employees required by court order, state or federal law or other legal agreement will be hired, Agnos said in a memo to department heads. Agnos called the revenue shortfall “an early warning signal.” Reduced collection of real estate transfer taxes resulting from the softening real estate market accounted for a large portion of the shortage, Controller Sam Yockey said.
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