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Port Commission adopts FY2014–15 and FY2015–16 biennial operating and capital budget

Port Commission (Port of San Francisco) · February 25, 2014
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Port Commission adopted the proposed biennial operating and capital budget after staff answered questions on assumptions, interest income (0.65% assumed), potential PG&E rent revenue and outstanding issues including pile removal obligations and vacancy at 501 Cesar Chavez.

Megan Wallace, the port’s budget manager, presented the proposed fiscal year 2014–15 and 2015–16 biennial operating and capital budget, noting no changes since the February informational item and that five attachments were provided to address prior commissioner questions.

Commissioners asked detailed questions about the city general fund backdrop, the assumptions behind revenue lines and the interest‑income forecast.…

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