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San Francisco budget hearing: mayor proposes $13.7 billion two-year plan while controller warns of heavy risks
Summary
The Board of Supervisors' Budget & Appropriations Committee heard the mayor's $13.7 billion proposed two-year budget on Aug. 12, 2020; presenters emphasized one-time COVID revenue, a $120 million racial-equity reinvestment and the need for contingency planning should FEMA reimbursements or the November tax measure not materialize.
San Francisco's Budget and Appropriations Committee opened a multi-day review of the mayor's proposed two-year budget on Aug. 12, hearing a detailed overview from the mayor's acting budget director and an independent assessment from City Controller Ben Rosenfield.
The mayor's office presented a proposed two-year package that it said would balance through a mix of one-time solutions and policy actions, while protecting city jobs and targeting investments to homelessness, behavioral health and racial-equity programs. "The total size of the proposed budget is $13,700,000,000 in fiscal 22," Acting Budget Director Ashley Graffenburger told the committee. She said the plan relies in part on FEMA reimbursements and on the assumption that a business-tax ballot measure in November…
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