It looks like that is indeed the case://openbook.sfgov.org/openbooks/cgi-bin/cognosisapi.dll?b_action=cognosViewer&ui.action=run&ui.object=%2fcontent%2ffolder%5b%40name%3d%27Reports%27%5d%2freport%5b%40name%3d%27Budget%27%5d&ui.name=20Budget&run.outputFormat=&run.prompt=false
But not for people in the city.. SF County is the 2nd wealthiest in the state and gets significant tax revenue from tourists (via Sales taxes, Hotel taxes, etc.).
Seriously!?
/me heads to the googles