San Francisco city officials have initiated the first of two crucial budget meetings as they embark on the development of the city's budget for the upcoming fiscal year. This initial meeting marks the beginning of a comprehensive process that will culminate in a finalized budget by late July.

During the meeting, city representatives outlined the timeline for budget submissions, emphasizing that all departments, with the exception of the Municipal Transportation Agency (MTA), are expected to submit their two-year budget proposals to the mayor's budget office by February 21. This submission will serve as the foundation for the mayor's office to develop its budget proposal, incorporating technical and policy adjustments based on departmental requests.

The budget process is structured to include public hearings, where the Board of Supervisors will review the proposed budgets, ask questions, and suggest modifications. This collaborative approach aims to ensure that the budget reflects the needs and priorities of the community.

Key milestones include the adoption of the final budget by the Board of Supervisors in late July, followed by the mayor's signature in August, which will make the budget effective for the next fiscal year. Additionally, any adjustments to fees will take effect 30 days after the mayor's approval.

As the budget development progresses, city officials are committed to transparency and community engagement, ensuring that stakeholders are informed and involved in the decision-making process. The next budget meeting is scheduled for early February, where further discussions will take place to refine the proposals and address any emerging issues.