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Board adopts budget ordinances, places $600 million affordable-housing bond on November ballot; dozen ordinances and resolutions pass unanimously
Summary
At its July 30 meeting the San Francisco Board of Supervisors approved multiple budget ordinances, financing actions and resolutions — including a measure to place $600 million in bonds for affordable housing on the November ballot — and cleared a package of administrative changes and grants unanimously or by unanimous consent.
The San Francisco Board of Supervisors on July 30 adopted a series of budget ordinances, financing measures and resolutions — including a resolution to place a $600,000,000 affordable-housing general obligation bond on the November ballot — as part of a broad consent and budget package.
The measures included the city's annual budget and appropriation ordinance for fiscal years 2019–20 and 2020–21; authorization to pursue refunding certificates of participation (COPs) tied to multiple capital projects with a not-to-exceed issuance of $160,000,000; changes related to fire-department fee schedules; and an ordinance eliminating overdue fines for library materials and forgiving related outstanding patron debt. The Board acted on several grant acceptances, real-estate acquisitions and housing-related loans and authorizations in the same session.
Why it matters: The package contains the principal spending and financing authorizations needed for the city to operate in the coming fiscal year and to proceed with capital financing. The bond measure, if approved by voters in November, would finance the construction, acquisition and preservation of affordable housing across the city.
Key approved items (selected): - Annual budget and appropriation ordinances for FY 2019–20 and 2020–21 (Items 21–22) — adopted by unanimous vote or unanimous consent. (Transcript: items 21–30 described as budget-related ordinances.) - Authorization to issue or refinance COPs tied to multiple capital projects, with a not-to-exceed $160,000,000 sale (Items 24–25) — adopted by unanimous consent. The accompanying ordinance reappropriated and de-appropriated specified series as described on the floor. - Ordinance to eliminate fines for overdue library books and to forgive outstanding patron debt (Item 30) — adopted by unanimous consent. - Resolution to place a $600,000,000 general obligation bond to finance affordable housing on the Nov. 5 ballot (Item 31) — approved and sent to the ballot by unanimous consent. - BART–Muni Market Street entrance modernization: resolution to retroactively approve an agreement allocating up to $45,000,000 from general obligation bond proceeds toward half the modernization cost (Item 35) — adopted unanimously. - Grant acceptances and housing loans for multifamily, supportive and No Place Like Home funds (Items 37–38, 43) — adopted unanimously. - Real estate acquisition for 1828 Egbert Avenue for $67,300,000 (Item 44) — approved by unanimous consent.
Votes at a glance (tallies where recorded in the transcript): - Consent items 1–20: recorded roll call produced “10 I’s” (Supervisor Walton excused at time of that roll call). (Transcript roll call.) - Several subsequent items, including amended planning-code items and other first-reading ordinances, were recorded as passing on roll calls that returned 11 ayes once all members were present. (Transcript roll calls at multiple points.)
What the Board said: President Yee and Supervisor Sandra Fewer (referred to in session as “Chair Feuer” when speaking about the budget committee) and other members thanked staff and budget-office personnel; the Board repeatedly described the budget process as transparent and comprehensive during the floor remarks prior to the package vote.
Next steps: Several ordinances were described as “finally passed” by unanimous consent and will take effect per their statutory schedules. The bond measure will appear on the Nov. 5, 2019 consolidated municipal ballot for voters to decide.
Provenance excerpts (selected): "Items 21 through 30 are 10 ordinances on final reading that pertain to the budget for the city and county of San Francisco for fiscal years 2019 through 2020 and 2020 through 2021." (Transcript excerpt.) "Provide for a special election to be held in the city on Tuesday, 11/05/2019 to submit to the San Francisco voters a proposition to incur 600,000,000, of bonds to finance the construction, development, acquisition, improvement, rehabilitation, preservation, and repair of affordable housing improvements." (Transcript excerpt.)
