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SFMTA reports progress on 2014 GO bond; second general obligation bond planned for June 2022 ballot

Citizens’ General Obligation Bond Oversight Committee (San Francisco City) · October 25, 2021
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Jonathan Ruers of SFMTA told the oversight committee the 2014 transportation GO bond reached four issuances (fourth completed summer 2021), that staff are spending more quickly on fewer, larger projects and that a second GO bond is planned for the June 2022 ballot.

Jonathan Ruers, acting chief financial officer of the San Francisco Municipal Transportation Agency and the bond manager for the 2014 transportation and road improvement bond, briefed the Citizens’ GO Bond Oversight Committee on Nov. 1.

Ruers said the program has had four total issuances; the first issuance is about 98% expended, the second 87%, and the third is moving into project expenditures…

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