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Capital Delivery Services outlines public process to pare $3.9B needs list down to roughly $700M bond package
Summary
Deputy director Eric Bailey described a new pre‑bond project vetting process intended to produce more accurate project costs and said the city’s initial $10.4 billion capital needs assessment has been narrowed to about $3.9 billion for further prioritization toward an approximately $700 million 2026 general obligation bond package.
Eric Bailey, deputy director of Capital Delivery Services, presented an overview of the 2026 general obligation (G.O.) bond development process to the Music Commission on Sept. 8, explaining how city staff are vetting projects and planning public outreach ahead of the next bond election.
Bailey said the department has convened city asset-owning departments through directors’ roundtables, program teams and integrated development teams to develop a needs assessment and scoring matrices. He said the initial capital-improvement needs assessment started at about $10.4 billion and has been reduced to approximately $3.9 billion after review for bond…
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