SAN DIEGO (FOX 5/KUSI) -- The financial future for the City of San Diego doesn’t seem to get any sort of relief. Every year for the next five years, the city predicts a serious shortfall in funding, which some residents are calling funding mismanagement. From combating homelessness to curbing the impacts of climate change, the City of San Diego has several issues to address over the next five years, but they don’t have the money to do it. “The City of San Diego doesn’t know what their doing,” said Mark Someson, a long-time San Diego resident. Someson is homeless and says the city hasn’t done enough to help. “If the mayor knew what he was doing, we wouldn’t have this problem,” he added, and he’s not the only unhappy resident. “Where is the mayor now? This is a critical moment. This is a critical benchmark,” said Cesar Javier, a speaker at the council meeting. City officials estimate a $258.2 million budget deficit in the 2026 fiscal year, unless they secure new revenue sources to offset the costs. “This shortfall is different. It’s not being caused by an economic downturn. What we have seen over the last four to five years is that the cost of running the city has outpaced revenue growth,” said Rolando Charvel, the City of San Diego director of finance.   This comes after Measure E, which aimed to increase sales tax by 1%, failed in the November election. The city believes it would have generated $400 million for San Diego. "Without successful passage of Measure E, we’re back to looking at other options,” Charvel said. The Office of Independent Budget Analysis suggested increasing parking meter fees, establishing a trash collection fee through Measure B, and increasing the cannabis business tax by 2% as just a few ways to offset the costs. “We find the outlook’s baseline projections to be reasonable, so we really are facing a shortfall of $260 million next year just to provide the services we are this year," said Independent Budget Analyst Charles Modica. While this financial outlook is just a tool to predict the expenses in the next five years, residents can expect city-wide cuts and possibly increased costs. “He’s making choices that the community doesn’t accept, and the community doesn’t want,” Someson said. Mayor Todd Gloria will deliver his State of the City address at the city council chambers on Wednesday at 3 p.m. where he’s expected to discuss the budget deficit.