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Committee questions $15 million downtown recovery plan as departments seek flexibility amid deficit

Board of Supervisors Budget and Appropriations Committee · June 20, 2024
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

Budget analysts flagged $15 million in proposed downtown recovery spending for Union Square and Powell Street — including security presence, free parking, storefront grants and activations — and recommended modest savings; OEWD defended the package as catalytic to downtown tax recovery, but supervisors pressed for clearer measures of effectiveness before committing funds.

The committee probed a mayoral $15 million downtown recovery initiative debated on June 20 that bundles security presence, free weekend and evening parking, storefront improvement grants, activations and permit-center staffing intended to revive Union Square, Yerba Buena and Powell Street.

BLA recommendation: The Budget & Legislative Analyst identified several elements of the package as policy matters and recommended taking at least $750,000 in savings immediately…

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