Committee approves technical budget adjustments and moves two budget ordinances to full Board

The Budget & Finance Committee on June 24 finalized a package of technical adjustments to the mayor’s proposed budget and approved the annual appropriation and salary ordinances to be forwarded to the full Board.

Chair Supervisor Mark Farrell described the two-year budget package approaching $9 billion and highlighted additions including $25 million for affordable housing, $3 million for homeless housing, increased funds for food security and child care, and investments in workforce and public safety programs. Kate Howard, the mayor’s budget director, briefed the committee on two technical adjustments: one to balance grant and federal/state revenues and another to provide additional sources (including approximately $2 million in additional DBI fee revenue resulting from committee amendments) to support committee changes. Howard noted the actions add roughly $8.8 million to the city’s budget in support of committee amendments and that a remaining technical adjustment reserve of about $4.7 million was available for appropriation.

Committee members from across the board praised the process and highlighted priorities in members’ districts, including funding for Vision Zero education and Muni operations, new EMT and firefighter positions, public-housing rebuilding, and creation of a DBI code-enforcement reserve funded by fee changes. The committee approved the mayor's technical adjustments and then approved Items 2 and 3 (the appropriation and salary ordinances), authorizing the controller to make necessary accounting adjustments and forward the package to the July 14 full Board meeting.

Next steps: Controller and budget staff will make the accounting adjustments necessary to reconcile the committee amendments and prepare the ordinances for the full Board's July 14 agenda.