Mayoral candidate for San Diego urges Mayor Sanders to level with San Diegans about fiscal recovery

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 27, 2008 -- San Diego, CA- January 29, 2008 - Steve Francis, a candidate for Mayor of San Diego, calls for leadership that is transparent and accountable, citing San Diego’s failure to enter the public bond market and its future fiscal recovery as a key area in which this is needed.

“The Mayor’s Office needs to level with San Diegans about our failure to enter the public bond market,” Francis begins. “A look at previous public statements suggest that the Sanders Administration has been actively moving the goal post, offering a rosy picture when citizens needed a more open and honest assessment. With the City Attorney’s Office recently raising doubts about the integrity of the city’s fiscal reorganization efforts, it’s time for the Mayor to be once and for all direct with our chances for future public bonding.”

Francis continued “The facts are simple: four years after the suspension of San Diego’s municipal credit rating, and nearly a year and a half after the release of the Kroll Report’s remedial recommendations to fix the ethical and financial meltdown at City Hall, the City of San Diego is still barred from entering the public bond market. San Diego taxpayers are tired of the last four years of blame games and excuses from City Hall. To complete the audit and restore our credit rating, we need to change the culture of City Hall. San Diegans want real leadership that accepts accountability, embraces transparency, builds working relationships among elected officials and makes the tough decisions to get the job done,” stated Francis.

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