A one-cent sales tax measure which could have shored up that deficit narrowly failed in November. As a result, Gloria and the city will have to determine how to maintain service levels and what must be cut.

Mayor Todd Gloria welcomed the era of austerity in his State of the City speech Wednesday, promising to tame a $258 million budget deficit this year. Driving the news: Shirking the pomp and circumstance of a Balboa Theatre evening address,

Facing a $258M deficit, Mayor Gloria's address will focus on budget cuts, public safety, and the homelessness crisis at 3 p.m. Jan. 15.

In his State of the City address, Mayor Todd Gloria said that 2025 will be a year of “steep” spending cuts in San Diego.

A looming $252.2 million deficit does not make San Diego Mayor Todd Gloria pessimistic about the future of San Diego, but is an opportunity to revisit how the city operates, Gloria said Wednesday during his annual State of the City Address.