The FACTS About the Unsustainable Wage Mandate
Forces Cuts to Essential City Services
-
$577 million in lost tax revenue after 10 years, including $187M in local tax losses — harming the city's long-term fiscal health.
Total lost tax revenue could result in a 50% cut to the city’s Homeless Shelters and Services Programs — leading to more unhoused individuals living on the streets.
Threatens Small and Family-Owned Businesses
-
The ordinance would result in an annual loss of more than $158 million in visitor spending — impacting businesses of all sizes, including the city’s 3,695 restaurants and 153 craft breweries.
Hurts San Diego’s Economy & Increases Our Cost of Living
-
$333 million in lost business activity every year — driving up costs and making San Diego poorer.
4,398 jobs will be lost — hitting workers, families, and small businesses the hardest.