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Committee kicks off FY25–27 budget timeline and schedules liaison budget meetings
Summary
The committee reviewed the two‑year budget process, set liaison meeting dates for February–March and said it will finalize recommendations in April ahead of the mayors June budget proposal.
Radhika from the Controller's Office outlined the fiscal timeline for the Our City Our Home (OCO) Fund on Jan. 23 and scheduled liaison meetings for committee members to do program‑and‑budget deep dives.
Radhika reminded the committee that San Francisco uses a two‑year budgeting cycle and that the mayor proposes a budget by June 1, after which the Board of Supervisors amends and approves the plan. She said updated projections show a general‑fund gap of roughly $800 million across the next two years and explained how OCO fund projections and six‑month spending updates will feed into the committee's recommendations.
Key steps the committee recorded: - February: revenue forecast and six‑month spending update for FY 24–25; first set of liaison meetings (housing, shelter, prevention, behavioral health). - March: departments to present budget proposals submitted to the mayor’s office; second set of liaison meetings focused on fiscal details. - April: committee finalizes budget and policy recommendations and forwards them to the mayor, the homelessness oversight commission and the health commission. - June: committee reviews the mayor's proposed budget and may transmit additional recommendations to the Board of Supervisors ahead of the board's review and final approval.
Radhika asked liaisons to review the annual report — the committee’s primary evidence bank — and prepare questions for department staff. Committee members expressed interest in attending specific liaison meetings, and staff said up to three additional committee members may attend each liaison meeting in addition to the assigned liaison.
Members requested that future budget materials clearly distinguish between funds that are allocated but not yet procured, funds procured or in process, and unallocated funds so the committee can assess where money may be available for reallocation. Members also asked staff to present a clear estimate of unspent funds at fiscal‑year end and to track multi‑year commitments such as multi‑year subsidies.
