Back in May, just before the new fiscal year started, the AP reported that

Newsom announced on Friday a $26.7 billion deficit, but it’s really closer to $45 billion. That’s because Newsom didn’t include roughly $17.3 billion worth of actions he and lawmakers already agreed on. Those included a cut of $3.6 billion in primarily one-time funding to some school, welfare and climate programs. The plan also delays and defers about $5.2 billion in spending for various programs, including $1 billion to fund rail and public transit systems.

So how do you manage a massive deficit?  The same way you eat an elephant.  One bite at a time.  Here's an easy morsel from the city e-newsletter this week.

The California E-Bike Incentive Project application window is officially open.

During this application period, the program will award up to 1500 vouchers to income-qualified residents for incentives up to $2000 that can be redeemed at numerous participating E-Bike retailers. Additional application windows with more incentives will become available later in 2025.

1500 x $2000 = $3 million.  It's a good thing more "incentive$" are coming.  Perhaps the only way to get quickly through the Broadway interchange in 2026 will be on an e-bike.  In the meantime, what is Spin's incentive to haul away deserted e-bikes? (hat tip:  regular reader)