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Mayor Lee proposes two-year $10 billion budget, highlights homelessness and reserves
Summary
At a Budget & Finance hearing the mayor's budget director and the city controller presented a two-year, roughly $10 billion budget emphasizing homelessness investments, increased reserves for federal/state risks, infrastructure spending and constrained departmental growth; the controller described revenue assumptions and noted heavy reliance on one-time balances.
San Francisco's Mayoral Budget Office and the Controller laid out the mayor's two-year proposed operating and capital plan and the controller's revenue letter at a Budget & Finance Committee hearing.
Melissa Whitehouse, the mayor's budget director, summarized the administration's approach to closing an earlier projected $288 million deficit through revenue improvements (including additional road-repaving funds allocated under state law) and by constraining departmental growth. The mayor's budget emphasizes three priorities: reducing harm on the streets, increasing homelessness services and shelter…
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