Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Port presents 10-year capital plan showing $6.1 billion needs and $2.6 billion shortfall
Summary
Port staff presented a 10-year capital plan (FY2026–2035) estimating roughly $6.1 billion in capital needs, an increase from the prior plan, and a funding gap of approximately $2.6 billion; staff urged continued pursuit of external funding and faster project delivery.
The San Francisco Port Commission received an informational presentation Feb. 11 on the Port’s 10-year capital plan for fiscal years 2026–2035, which staff said identifies approximately $6.1 billion in capital needs and an estimated funding gap of roughly $2.6 billion.
Interim Deputy Director of Finance and Administration Megan Wallace presented the plan and said the $6.1 billion total combines an estimated $2.6 billion in state-of-good-repair needs and about $3.5 billion in enhancements. Wallace said the plan’s total increased by about $2.0 billion from the prior plan, driven in part by the addition of projects such as Pier 30/32 and by…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
