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Controller and capital planning office present 10-year capital plan and 18-month bond report; committee urges stronger pre-bond planning
Summary
Controller's office and the city's capital planning team presented an 18-month bond program review and an updated 10-year capital plan, urging standardized reporting and pre-bond planning to reduce delays caused by permitting, interdepartmental coordination and high construction costs.
Marnie Purcell Hill of the Controller's Office presented an 18-month analysis (Jan. 2017'June 2018) of scope, schedule and budget for the city's active general-obligation bond programs. The analysis found that earlier bond programs have spent most of their proceeds while later programs retain larger remaining balances; it credited large completed projects (Zuckerberg San Francisco General/Hospital rebuild) with producing savings that can fund follow-on work.
The report cataloged recurring delay drivers: regulatory permitting across…
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