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Mayor's Office and Board of Supervisors agree on budget reductions totaling $640,109

June 21, 2023 | San Francisco County, California


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Mayor's Office and Board of Supervisors agree on budget reductions totaling $640,109
The San Francisco County government meeting highlighted significant budget discussions, particularly focusing on the Mayor's Office of Housing and Community Development (MOHCD) and the Board of Supervisors.

Benjamin McCloskey from the MOHCD announced a total budget recommendation of $634,109 for fiscal year 2023-2024. This includes ongoing savings of $204,109 and one-time savings of $430,000. For the following fiscal year, 2024-2025, the department anticipates ongoing savings of $204,323 while still allowing for a budget increase of approximately $9.6 million, or 5%.

In a related discussion, the funding available for new small sites projects was confirmed at $43.2 million, excluding previously listed projects. This funding is crucial for expanding housing options in the city.

Dr. Edward Diasus, representing the Board of Supervisors, expressed support for the Budget and Legislative Analyst's (BLA) recommended cuts, which total $6,000 for the 2023-2024 fiscal year. These reductions are expected to facilitate a budget increase of $549,910, or 2.5%, for the Board.

Overall, the meeting underscored a collaborative effort to manage budgetary constraints while still prioritizing essential services and housing development in San Francisco. The anticipated outcomes from these discussions will play a vital role in shaping the county's financial landscape in the coming years.

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