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DBI warns of $25M annual shortfall, launches fee study and seeks mayoral funding shifts
Summary
The Department of Building Inspection told the commission it faces an estimated $25 million annual operating deficit and may exhaust reserves by FY2026; DBI has begun a fee study, is seeking reimbursements and asks the mayor's office to assume some community-outreach payments while promising to preserve services.
The San Francisco Building Inspection Commission on Dec. 22 was told the Department of Building Inspection is running an ongoing operating deficit of roughly $25,000,000 a year and, absent changes, could exhaust uncommitted cash by fiscal year 2026.
"We are currently experiencing a $25,000,000 per year operating deficit," Deputy Director for Administration Alex Koskinen said, summarizing DBI's finances and the department's plan to address it.
Koskinen told commissioners DBI holds about $95,000,000 in cash, of which roughly $48,000,000 is currently uncommitted and about $50,000,000 is committed to ongoing projects. To stabilize the fund, DBI has begun a fee study with a consultant and is pursuing several near-term steps: a request for about $3,000,000 in COVID-related reimbursement to remove pandemic costs from DBI…
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