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Committee backs $200 million increase to Wastewater Enterprise commercial paper program

San Francisco Board of Supervisors Budget and Finance Committee · September 24, 2014
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee recommended increasing the Wastewater Enterprise commercial paper program by $200 million (to $500 million) to prefund capital projects between long‑term debt issuances; the budget analyst said the request aligns with prior Board actions.

The Budget & Finance Committee on Sept. 4 recommended forwarding a resolution that would increase the principal amount of the Wastewater Enterprise’s commercial paper…

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