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SFPUC adopts biennial budgets, authorizes multi‑year borrowing and signals average 8% water/sewer increases

San Francisco Public Utilities Commission · February 13, 2018
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Summary

The San Francisco Public Utilities Commission approved biennial operating and capital budgets, a 10‑year capital plan and financial plan that include bond authorizations and forecast average combined water and sewer bill increases of about 8% annually over the next four years.

The San Francisco Public Utilities Commission on Feb. 13 approved a package of budgets and financial plans that the agency says will keep major capital projects on track while funding a citywide rollout of Clean Power SF.

The commission adopted the biennial operating and programmatic budgets, a two‑year capital budget and financing authorization, a 10‑year capital plan and a 10‑year financial plan. Staff told commissioners the combined water and sewer bill increases average about 8% per year over the next four years as the agency smooths wastewater rate changes and funds the Clean Power SF rollout.

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