Mayor Sanders to deliver State of the City address - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Mayor Sanders to deliver State of the City address

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SAN DIEGO (CNS) - San Diego Mayor Jerry Sanders will deliver his annual State of the City address Wednesday night at the Balboa Theatre at Horton Plaza.

Sanders, who will be termed-out after 2012, will outline his agenda for his second-to-last year in office.

Among the items he is expected to discuss is his plan to give 401(k) retirement plans, instead of putting them in the debt-ridden city pension system.

The speech could also reveal plans to deal with a projected $73 million shortfall for the 2011-12 budget.

The State of the City address will air on City TV at 8 p.m.

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