The City of San Francisco held a budget workshop on July 4, 2025, focusing on the proposed fiscal year 2023-2024 budget, which totals approximately $720 million. This meeting marks the first in a series of hearings regarding the budget, with a follow-up action scheduled for April 18, where the budget will be considered for approval.

Mina Yu, the budget and project finance manager, presented the budget alongside project managers, emphasizing the city's commitment to investing in key neighborhoods such as Mission Bay, Transbay, and the Shipyard Candlestick Point. The focus of these investments is to accelerate the delivery of new housing, particularly affordable units, to support community development.

The workshop served as an initial platform for discussion, allowing commissioners and city officials to review the proposed budget and its implications for local housing initiatives. Further discussions and decisions will take place in the upcoming meetings as the city moves toward finalizing the budget for the fiscal year.