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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    1. Kim-Mai Cutler‏Verified account @kimmaicutler 31 May 2019
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      Kim-Mai Cutler Retweeted Heather Knight

      Remember that unlike San Jose and Oakland, SF doesn't have to spend 20% of its general fund on retirements for people who no longer work there because it has so many business HQs to generate tax revenue to offset pension liabilities and it's also a city-county.https://twitter.com/hknightsf/status/1134563915621265408 …

      Kim-Mai Cutler added,

      Heather KnightVerified account @hknightsf
      San Francisco’s annual budget soars to record-breaking $12.3 billion. So now our streets will be sparkling clean, we’ll build lots of new affordable housing and Muni will always run on time. Right?! 😉 https://www.sfchronicle.com/politics/article/SF-s-budget-to-soar-by-10-percent-to-12-3-13911737.php …
      Show this thread
      4 replies 5 retweets 40 likes
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    2. Kim-Mai Cutler‏Verified account @kimmaicutler 31 May 2019
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      That said, we are slated to run $644 million deficits in five years! https://www.sfchronicle.com/bayarea/article/SF-taking-steps-to-avoid-projected-future-budget-13509714.php …

      2 replies 0 retweets 8 likes
      Show this thread
      Kim-Mai Cutler‏Verified account @kimmaicutler 31 May 2019
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      But hey, at least we aren't Oakland (left) or San Jose (right), which still doesn't have the same headcount or staffing levels that it did from almost 20 years ago because of pension liabilities. https://sanjosespotlight.com/san-jose-pension-plans-unfunded-liability-expected-to-soar/ …pic.twitter.com/69lv7f7buZ

      2:26 PM - 31 May 2019
      • 11 Likes
      • Sage Van Kenneth Russell Chris Gaarder Sung Lee Kenya Wheeler ANTIFA LLC supports Prop 15 and more homes!
      3 replies 0 retweets 11 likes
        1. New conversation
        2. Ben Munson‏ @archaica 31 May 2019
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          Replying to @kimmaicutler

          Are pensions dead

          1 reply 0 retweets 0 likes
        3. Kim-Mai Cutler‏Verified account @kimmaicutler 31 May 2019
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          Replying to @archaica

          No, not at all. We just have to be aware of their costs and that they’re a major reason Californian cities and the state can’t expand services meaningfully right now.

          1 reply 0 retweets 0 likes
        4. 6 more replies
        1. Mark Rogowsky‏ @maxrogo 31 May 2019
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          Replying to @kimmaicutler

          And remember when San Jose's mayor was like, "Hey, we'll just break the promises we made to a generation of workers, that'll fix it!" And then all the cops quit and went to work in neighboring cities. And then all the San Jose people were like, "Wait, we want police!"

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        2. Seth Mazow‏ @sethmazow 31 May 2019
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          Replying to @daguilarcanabal @kimmaicutler

          I'm also curious about this. On a related note, I where can I find the slides or at least a report from the Oakland budget meeting a few weeks ago where Schaaf said something like "nothing will get the funding it deserves"?

          0 replies 0 retweets 0 likes
        3. End of conversation
        1. New conversation
        2. Chris Gaarder‏ @chrisgaarder 1 Jun 2019
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          Replying to @kimmaicutler

          Another factor: I don't think most ppl realize cities and counties across CA are given different shares of local property taxes. Where I live, Fullerton (0.155) Orange County (0.048) gets about 1/3 SF's (0.59) share of locally generated property taxes. http://www.boe.ca.gov/annual/2016-17/table_17/Table15-16-17.pdf …pic.twitter.com/7ILxnFM0E6

          1 reply 0 retweets 0 likes
        3. People for Housing OC‏ @HousingOC 1 Jun 2019
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          Replying to @chrisgaarder

          We need a history lesson l... Why is this? Certainly doesn’t seem fair, especially when each city is being asked to provide a homeless shelter and equally bear the social costs of the housing shortage.

          0 replies 0 retweets 0 likes
        4. End of conversation

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