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Committee advances 10-year capital plan, approves housing increase and EFWS West Side funding amendments

San Francisco Board of Supervisors Budget and Finance Committee · April 10, 2019
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After review of the proposed $39 billion 10-year capital plan, the committee approved amendments to direct an additional $200 million to a 2019 affordable housing GO bond (raising it to $500 million) and passed adjustments to fund a more robust West Side emergency firefighting water system; the item was continued for technical changes.

SAN FRANCISCO — The Budget and Finance Committee on April 10 advanced the city—s 10-year capital plan (FY2020–2029) after extensive debate about bond timing, affordable housing, Hall of Justice consolidation, and emergency firefighting water system (EFWS) needs for the West Side.

Capital Planning Director Heather Green and Controller—s Office staff described the plan as a constrained financing program that prioritizes legal mandates, life-safety and resilience, and asset preservation. The plan includes a range of debt and PAYGO…

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