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LAFCO adopts $427,685 budget, keeps oversight of Clean Power SF and public‑bank working group role

Local Agency Formation Commission · June 4, 2021
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Summary

The Local Agency Formation Commission unanimously approved a $427,685 general fund budget for 2021–22, directing continued oversight of Clean Power SF, limited participation in a public‑bank working group and an app‑workers survey, and requesting the full statutory amount of $341,240 from the City general fund.

The Local Agency Formation Commission on June 4 unanimously approved its final work plan and general fund budget for fiscal year 2021–22, a $427,685 package that continues LAFCO’s oversight of Clean Power SF and sets limited roles in a San Francisco Reinvestment Working Group public‑bank effort.

Executive Officer Brian Gobo recommended the budget and described three core work‑plan objectives: ongoing oversight of Clean Power SF, development of a scope for local renewable build‑out (including a possible solar‑plus‑storage demonstration at an affordable housing site), and participation in a working group on a proposed public bank. "My recommendation to you today, commissioners, is to adopt the final work plan and general fund budget in the amount of $427,685…

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