photo of people walking past a produce market

Economy

We believe: Prosperity is essential to a thriving region and should be planned for, supported, and shared so that all people can participate in and benefit from economic growth.

Our Goals

• Allocate resources to meet the needs of the most disadvantaged groups.

• Strengthen and expand the social safety net.

• Rebuild the middle class.

• Build effective and equitable fiscal policies.

Bay Area Market

SPUR Report

Undue Burden

Sales taxes are a common revenue-raising tool, but they also play a role in reinforcing structural inequality. SPUR explores three options for creating a more equitable tax code.
Bay Area Market

SPUR Report

Undue Burden

Sales taxes are a common revenue-raising tool, but they also play a role in reinforcing structural inequality. SPUR explores three options for creating a more equitable tax code.
Homeless Camp

SPUR Report

Mending the Net

Long before COVID-19, California had the highest poverty rate in the nation. The state is also one of the worst at getting benefits to those who need them. Streamlining the application process would help Californians receive the public support they have a right to.
Homeless Camp

SPUR Report

Mending the Net

Long before COVID-19, California had the highest poverty rate in the nation. The state is also one of the worst at getting benefits to those who need them. Streamlining the application process would help Californians receive the public support they have a right to.
Ladders Out of Poverty

SPUR Report

Ladders Out of Poverty

Thousands of Bay Area households struggle to pay their bills each month, a situation worsened by the COVID-19 pandemic. The region should look to the promise of unrestricted cash transfer programs, which give people money with no specific requirements on how it is spent.
Ladders Out of Poverty

SPUR Report

Ladders Out of Poverty

Thousands of Bay Area households struggle to pay their bills each month, a situation worsened by the COVID-19 pandemic. The region should look to the promise of unrestricted cash transfer programs, which give people money with no specific requirements on how it is spent.

Updates and Events


Balancing San Francisco’s Budget, Part 3: Closing the Structural Deficit

News /
San Francisco faces an unprecedented fiscal crisis as rising costs and stagnant revenues drive a growing structural deficit. With a projected $1.47 billion deficit by FY 2029–30, city leaders must now make tough choices, including cutting costs, redefining core services, improving budget management, and updating the city charter. The third article in our series looks at structural solutions that can help the city avoid future instability and ensure a sustainable fiscal future.

Balancing San Francisco’s Budget, Part 2: Revenues and Expenditures

News /
A city’s budget reflects its priorities and values — and choices made over the years. San Francisco’s $15.9 billion budget for 2024–25 is increasingly constrained, with only 18% of funds remaining truly discretionary due to legal mandates, voter-approved set-asides, and other restrictions. Key revenue sources have become more volatile since COVID, and rising costs leave limited flexibility to adapt to changing fiscal conditions. In this article, we take a deep dive into the city’s revenues and expenditures.

Balancing Oakland’s Budget

SPUR Report /
Oakland faces a fiscal crisis that is years in the making. For decades, revenues have failed to keep pace with rising costs for pensions, health care, and operations. To close its structural deficit, Oakland must commit to following its own sound financial policies, align on a budget stabilization plan, make structural changes to municipal operations, and promote long-term thinking to grow Oakland’s economy inclusively. SPUR offers nine recommendations to achieve these goals.

Balancing San Francisco’s Budget, Part 1: The Budget Process

News /
Meeting San Francisco’s many challenges, from accelerating housing production to revitalizing downtown and improving transportation operations, hinges on a lasting fix for the city’s structural budget deficit. As city leaders work to address a projected budget shortfall of $817 million for fiscal years 2025–2026 and a nearly $1 billion deficit for fiscal years 2027–2028, they must grapple with voter-approved spending mandates and a budget process that limits their options.

What It Will Take to Close Oakland’s Structural Deficit, Part 3: Balancing Budget Priorities

News /
On May 1, Oakland’s interim mayor will roll out the city’s proposed 2025–2027 budget, which will look to address a $280 million projected deficit over the next two years. As Oakland navigates this moment of leadership transition, policymakers, administrators, employee unions, and community must work together to find creative ways to reduce spending and grow revenues. Although the structural budget deficit cannot be closed in this budget cycle, the city can pass a balanced budget that commits to sound financial practices, lays the foundation for reforms to Oakland’s governance structure, and builds the city’s capacity to grow economic prosperity for all Oaklanders.

Purchasing Power

SPUR Report /
Procurement can be a powerful tool to realize San Francisco’s goals to reduce inequalities and protect the health, well-being, and financial security of its constituents. But the complicated maze of legislation and policies that govern the city’s procurement system is making it harder to reach these goals. Our newest report identifies procurement process improvements to better wield this tool for social gains.