Board recommends SFPUC bond package with BLA amendment demanding clearer bond reporting

May 24, 2018

The committee recommended approval of six SFPUC capital appropriations and bond authorizations (Hetch Hetchy, water and wastewater enterprise bonds), adding a Budget Legislative Analyst amendment requiring the SFPUC general manager to report on total authorized, sold and unsold bond authority for transparency.

The full story

The committee recommended approvals for a multi‑enterprise SFPUC capital package and associated bond authorizations, and added a BLA amendment ordering a written report to improve board oversight of previously authorized but unsold bond authority.

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