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Board recommends SFPUC bond package with BLA amendment demanding clearer bond reporting
Summary
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 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.
SFPUC CFO Eric Sandler summarized the two‑year capital program: an appropriation for Hetch Hetchy power projects (approx. $350 million), a water enterprise capital program (approx. $483…
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