Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board backs first Prop A bond issuance, development-fee appropriations and Muni investments with committee amendments
Summary
The committee advanced appropriations and the first series of Proposition A transportation general obligation bonds (up to $67.54M) to fund Muni Forward, pedestrian and bike safety, Better Market Street and Caltrain modernization; the committee asked the Controller to review SFMTA's indirect labor methodology and placed $2M of impact fees in reserve pending project selection.
SFMTA and city finance staff briefed the Budget and Finance Committee on a set of proposed appropriations and bond authorizations to accelerate capital work across San Francisco's transportation network. The package includes ordinances appropriating development impact fees and other revenues to SFMTA and the Department of Public Works, an appropriation of $8,000,000 of general fund baseline to exercise an option for additional light-rail vehicles, and the first issuance under the $500,000,000 Proposition A…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
