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SFPUC adopts 10-year capital and financial plans, updates fund reserve policy and greenlights Southeast headworks construction

San Francisco Public Utilities Commission · February 28, 2017
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Summary

The Commission adopted updated 10-year capital and financial plans (2017'2027), approved revisions to the fund balance reserve policy (minimum ~90 days, maximum ~250 days), and authorized construction to proceed for the Southeast Water Pollution Control Plant headworks project (CWWSIP SE02) with an $11.6 million contract adjustment to coordinate SSIP work.

San Francisco — At its Feb. 28 session the San Francisco Public Utilities Commission approved key financial and capital planning items for the coming decade and moved multiple capital projects forward.

CFO Eric Sandler presented the mid-cycle updates to the SFPUC's 10-year capital and financial plans, which adjust the planning horizon to fiscal year 2027 and reflect mid-year operating and capital assumptions. Commissioners voted to adopt both the ten-year capital plan and the ten-year financial plan. Sandler noted that Clean Power SF was not…

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