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Mayor—s proposed two-year budget tops $12 billion, prioritizes housing, homelessness and behavioral health
Summary
The mayor—s proposed two-year budget keeps the city largely at status quo while directing one-time ERAF funds and new investments toward affordable housing, homelessness services, behavioral health and nonprofit/small-business supports. The controller called revenue assumptions reasonable but warned of longer-term structural gaps.
San Francisco—s mayor delivered a two-year spending plan that keeps core operations running while steering a tranche of one-time windfall revenue and targeted new money to housing, homelessness services and behavioral health.
Kelly Kirkpatrick, the mayor—s budget director, told the Budget & Finance Committee that the city—s total budget is about $12 billion a year in the two budget years, split roughly 50/50 between general fund and non-general fund accounts. The mayor—s plan seeks to protect indispensable services while adding focused new investments: $1 billion in housing resources (including a proposed $600 million affordable housing bond), expanded homelessness services with a target to add shelter bed capacity and roughly $50 million…
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