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SFPUC adopts two‑year budgets, sets 10‑year plans for water and wastewater and requires Hetch Hetchy quarterly updates
Summary
Commission approved operating and capital budgets for FY2014–15 and FY2015–16, adopted 10‑year financial plans for Water and Wastewater, and accepted 10‑year projections for Hetch Hetchy with a requirement for quarterly updates to establish a balanced plan.
The San Francisco Public Utilities Commission voted Feb. 11 to adopt its proposed operating budgets for fiscal years 2014–15 and 2015–16 and to approve the capital budgets and 10‑year capital plan after discussion about fiscal priorities and program risks.
Commissioners debated a longer‑term financial picture for the system, focusing on Hetch Hetchy (HETCHI). Commissioner Moran called the Hetch Hetchy projections ‘‘a description of a disaster’’ and said he could not adopt…
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