Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
SFPUC advances two‑year budgets and 10‑year plan with targeted amendments
Summary
The San Francisco Public Utilities Commission approved its two‑year operating and capital budgets and the 10‑year capital/financial plan with amendments to delay wastewater capital adoption, remove a projected Hetch Hetchy revenue bond debt assumption, and reallocate $3 million in unanticipated power sales to three priority programs.
The San Francisco Public Utilities Commission approved its proposed two‑year operating and capital budgets and the accompanying 10‑year capital and financial plans after adopting a package of targeted amendments.
Commissioners voted to adopt the FY2011–12 operating and capital budget and the FY2012–13 second year framework that together included the recently updated 10‑year capital plan. Assistant General Manager and CFO Tom Reedstrom told the commission the first year of the two‑year budget totals about $818 million and the second year about $861 million; most increases reflect planned debt service for capital projects and modest net…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
