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David Filippo discusses $150M bond capacity for city capital plan

April 26, 2023 | San Francisco County, California


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David Filippo discusses $150M bond capacity for city capital plan
San Francisco County officials are considering a significant capital plan aimed at addressing pressing infrastructure needs. During a recent government meeting, public speaker David Filippo emphasized the importance of a well-structured capital plan, highlighting the efforts of city staff in its development.

Filippo noted that there is an opportunity to utilize an additional $150 million in bond capacity, which could primarily support general fund capital needs over the next two years. He acknowledged that while a bond measure is not the ideal funding method, it may be necessary to ensure that city assets remain in good repair.

The discussion underscored the critical nature of maintaining both general fund and non-general fund assets, suggesting that the capital plan is essential for the city's long-term sustainability. As the county moves forward, the implications of this plan could significantly impact the community's infrastructure and overall quality of life.

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