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Committee backs SFPUC bond and capital amendments, recommends full board review
Summary
The Budget & Finance Committee recommended approval of four SFPUC measures that increase water and power bond authorizations and reallocate capital appropriations, sending the items as a committee report to the full Board of Supervisors.
The San Francisco Budget and Finance Committee on June 14 recommended approval of four measures from the San Francisco Public Utilities Commission that amend the commission's previously approved fiscal capital plan and increase bond-authority limits.
Charles Pearl, deputy chief financial officer for the SFPUC, told the committee the supplemental package includes a $26.1 million increase in water enterprise project spending (including $19 million for water-supply diversification work and $4.5 million shifted forward for…
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