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Budget committee forwards major SFPUC bond authorizations, amid public calls for audit
Summary
The Budget and Appropriation Committee approved forwarding multi‑billion-dollar SFPUC bond authorizations and a capital appropriation to the full Board, amended one water bond authorization by $5 million for an emergency repair and continued that item for further review while public commenters urged an independent audit of SFPUC finances and project costs.
The Budget and Appropriation Committee voted May 22 to forward Items 10–12 — a package of capital appropriation and revenue bond ordinances for the San Francisco Public Utilities Commission (SFPUC) — to the full Board with a positive recommendation and to amend and continue Item 13 to accommodate an additional $5 million for a Pine Lake main-break emergency.
The BLA summarized the SFPUC's 10‑year capital plan and bond needs. The proposed appropriation ordinance would authorize approximately $1.79 billion in capital spending for FY24–25 and similar amounts for FY25–26; the BLA also described revenue bond…
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