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Budget committee approves $6.5M APEC reimbursement gift and releases reserve amid public pushback
Summary
The committee accepted a $6.5 million gift from the Special Events Committee to cover city expenses tied to APEC and released $6.5 million from committee reserve to reimburse departments for costs already incurred. Community groups urged using funds instead to restore midyear cuts and support small businesses and worker programs.
The San Francisco Board of Supervisors Budget and Finance Committee on Jan. 24 accepted a $6.5 million gift from the Special Events Committee and released the same amount from committee reserve to reimburse city departments for costs incurred while hosting the Asian Pacific Economic Cooperation (APEC) summit.
Chair Supervisor Connie Chan, chair of the Budget and Finance Committee, told the committee the funds will cover expenditures the city already incurred and said the committee would forward the accept-and-expend resolution while releasing reserve funds so departments could be reimbursed for overtime and other event costs. "We have to release the reserve to pay the costs already spent," Chan said during committee discussion.
The mayor’s office described the broader fundraising and spending for APEC. Sean Ellsburn, the mayor’s chief of staff, said the Special Events Committee raised about $20.46 million and that "Per San Francisco Travel, we believe the total economic impact of the event was…
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