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Public Works says 2011 Road Repaving and Street Safety Bond is nearly closed out, about $2.5 million remains
Summary
San Francisco Public Works told the Budget and Finance Committee the 2011 Road Repaving and Street Safety Bond—about $250 million across six programs—is in closeout with roughly 99% expended; staff will return with plans for spending a remaining small balance and answers about specific projects.
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Teresa Pacio, a project manager with San Francisco Public Works, told the Budget and Finance Committee on Oct. 28 that the 2011 Road Repaving and Street Safety Bond was largely complete and in the closeout phase. “This bond was approximately $250,000,000,” Pacio said, and staff have expended “99% of the budget.”
The bond was allocated across six program areas, Pacio said: a $149,000,000 street repaving and reconstruction program; a $50,000,000 streetscape, bicycle and pedestrian safety program; a $14,000,000 sidewalk accessibility program; an $8,000,000 sidewalks program; and a $7,000,000 street structures program, among other allocations. Pacio said the office has completed the intended projects and is working through administrative closeout tasks.
Committee members pressed staff on remaining balances. One member noted about $2.5 million appearing unspent or unencumbered and asked whether staff had identified bond-eligible uses for those funds; Pacio said she would take the question back and provide details. Committee members also asked whether projects listed included transit signal priority work on Geary Boulevard; Pacio said she would follow up with staff and return specifics. The committee discussed whether, as programs near full expenditure, the format or frequency of reporting to the committee should change; staff said they would coordinate with the Office of Public Finance and report back.
The item drew no in-person public comment. The committee did not take additional formal action on the bond closeout at the meeting; staff committed to return with follow-up information, including recommendations for reprogramming small remaining balances and clarification on project-level scopes.
Next steps: Public Works will provide the committee with details on how the approximately $2.5 million will be used or reprogrammed and will confirm whether specific projects (including any TSP work on Geary Boulevard) were funded by the 2011 bond.
