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Arts Commission approves proposed FY25–26 and FY26–27 budget with hotel-tax contingency
Summary
The San Francisco Arts Commission voted unanimously to approve its proposed operating and capital budgets for fiscal years 2025–26 and 2026–27 following a presentation by Deputy Director of Finance and Administration Sarah Hollenbeck.
The San Francisco Arts Commission voted unanimously to approve its proposed operating and capital budgets for fiscal years 2025–26 and 2026–27 following a presentation by Deputy Director of Finance and Administration Sarah Hollenbeck.
Hollenbeck told commissioners on Feb. 3 that the city faces a budget shortfall driven by slower-than-expected growth in major revenues, particularly hotel tax receipts, and that the mayor had instructed departments to reduce ongoing general‑fund spending by 15 percent. She said the Arts Commission’s recommended budget includes a new hotel‑tax revenue contingency line to buffer against downward…
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