FOR IMMEDIATE RELEASE
URGENT – Disturbing Default on Payment by the City and County of San Francisco: A Christmas Crisis for Deputy Sheriffs
San Francisco, December 9, 2023 – In a dire development, the City and County of San Francisco (CCSF) grapples with severe financial turbulence, defaulting on an outstanding debt of $74,376.73 owed to 70 Deputy Sheriffs. This disconcerting situation is compounded by Moody’s recent revision of its rating outlook to negative from stable, prompting an urgent response from concerned parties.
This default, stemming from contract violations related to the non-payment of Watch Commanders, has not only breached trust but also jeopardized public safety. Recent polling indicates that public safety is the number one priority for San Francisco voters, emphasizing the critical role law enforcement officers play in maintaining community well-being.
Since May 2023, an additional $94,675.00 owed to deputies for increased workload due to understaffing at the Sheriff’s Office remains unpaid. This alarming default not only raises financial concerns but also questions how San Francisco intends to attract and retain Deputy Sheriffs while maintaining high morale. San Francisco owes a total of $169,051.73 to Deputy Sheriffs and has not paid it.
As the holiday season approaches, San Francisco risks becoming the Grinch that stole Christmas from its very own deputy sheriffs by withholding the payment owed to them. This act of financial neglect not only casts a shadow over the festive season but also raises ethical questions about the city’s commitment to the well-being of its law enforcement officers.
Public safety, a paramount concern for San Francisco voters, is at risk due to the city’s failure to honor financial commitments to its law enforcement officers. This breach of trust not only undermines the dedication of these officers but also poses a threat to the overall well-being of the community.
Efforts to address these issues with relevant authorities have proven futile, necessitating the escalation of this matter to Moody’s Investor Services. The recent revision in Moody’s rating outlook to negative underscores the severity of the financial challenges faced by CCSF. The City’s inability to meet its financial commitments raises concerns not only about its overall creditworthiness but also about its ability to prioritize public safety.
In a letter addressed to Moody’s Investor Services, the undersigned parties express profound disappointment and urgency, urging an in-depth examination of CCSF’s financial standing. The gravity of the defaults, coupled with the negative revision in rating outlook, demands a comprehensive evaluation of the municipality’s creditworthiness.
The undersigned parties remain resolute in navigating these tumultuous waters, seeking transparency, accountability, and immediate corrective action from the City and County of San Francisco to safeguard public safety and uphold the morale of its dedicated law enforcement officers during this holiday season.
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