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SFPUC adopts 10‑year capital plan update and supplemental FY20 appropriations
Summary
The commission adopted an updated 10‑year capital plan (declining from $8.6B to $8.1B largely from horizon shift) and approved supplemental fiscal‑year‑20 appropriations and associated bond authorizations, including added water diversification funding and Bay Corridor transmission investments.
The commission voted to adopt the SFPUC’s 10‑year capital plan update and approved supplemental appropriations for fiscal year 2020 after staff described key changes, funding sources and project reclassifications.
Eric Sandler, chief financial officer, said the plan’s 10‑year total fell from $8.6 billion to $8.1 billion as staff shifted the planning horizon and moved the tail of the schedule; the decrease is roughly 5.5 percent. He said two notable changes were the…
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