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Committee amends and continues $390M 'Healthy, Safe and Vibrant San Francisco' bond to July 10

San Francisco Board of Supervisors Budget and Finance Committee · June 26, 2024
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Summary

Members amended a proposed $390 million general-obligation bond to reallocate $10 million (downtown public realm) and $5 million (roads) into the public-health bucket, and voted to continue items 5 and 6 to July 10 for capital-plan amendments and follow-up on operating impacts.

The Budget and Finance Committee on June 26 considered two related items: an ordinance calling a special election to ask voters to approve a $390 million general-obligation bond, and a companion resolution declaring public necessity for acquisition and improvement of health, shelter, hospital and public-space infrastructure. Board President Aaron Peskin proposed reallocations that move $10 million from the downtown public realm allocation and $5 million from roads into the public-health portion of the bond; the committee adopted the proposed amendments and continued the items to July 10 for further action.

Outline of the bond: Office of Resilience and Capital Planning staff (Brian Strong) described the bond as organized into four broad buckets: public-health projects (approximately $205 million after amendments), adult and emergency shelters ($50 million), street-safety improvements (about $64 million) and downtown/Harvey Milk Plaza/recreation modernization (about $71 million). Department of Public Health (DPH) presenters detailed planned uses including a Chinatown Public Health Center seismic retrofit/renovation, relocation of City Clinic ($28 million), code/retrofit work on Building 3 at Zuckerberg San Francisco General ($40 million) and $66 million for critical repairs at Zuckerberg and Laguna Honda hospitals.

Fiscal note and capital-plan issues: BLA noted that debt-service costs would raise the life‑of‑bond cost to about $737 million when interest is included over a 20‑year schedule, and recommended amendments to the city’s capital plan and more detail from departments on operating impacts before bond sale. Supervisors asked for written commitments for a proposed $10 million early childcare allocation; the mayor’s office said $10 million is identified in the Department of Early Childhood pipeline and staff agreed to provide letters committing funds as part of follow-up.

Action: Chair Chan moved to adopt the Peskin amendments and to continue items 5 and 6 to the July 10 committee meeting for incorporation into the capital plan and to obtain additional departmental clarification. The motion passed on a 3–0 roll call. Departments will return with prioritization criteria for unnamed projects, operating‑cost estimates, and capital‑plan amendments.