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Board agrees ERAF spending plan; SFMTA to receive $38.1 million including funds for light‑rail vehicles and a $5 million small‑business mitigation fund
Summary
On Feb. 12 the board approved a unanimous ERAF spending plan that includes $38.1 million for the SFMTA — split roughly into $19 million for light‑rail vehicles, $13.8 million for energy upgrades and $5 million to help small businesses harmed by construction — while placing some funds on reserve pending state cash‑flow confirmation.
The Board of Supervisors on Feb. 12 voted to advance an Educational Revenue Augmentation Fund (ERAF) spending plan that directs windfall property tax revenues to housing, homelessness, behavioral health, educators’ pay and transit. The board’s package was presented and championed by Budget Committee Chair Supervisor Sandra Fewer and passed on first reading unanimously.
Item 29, sponsored by the executive, appropriates $38.1 million in excess ERAF receipts for the San Francisco Municipal Transportation Agency. The ordinance identifies approximately $19 million for the purchase of light‑rail vehicles (LRVs), $13.8 million for energy audits and efficiency…
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