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Committee advances roughly $1.2 billion in SFPUC bond authorizations and capital appropriations

San Francisco Board of Supervisors Budget and Finance Committee · June 11, 2014
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Summary

The Budget and Finance Committee forwarded multiple SFPUC capital and bond ordinances to the full Board, including adjustments to water, wastewater and power bond authorizations and related appropriations with estimated multi-decade debt-service implications.

The San Francisco Board of Supervisors Budget and Finance Committee on Wednesday forwarded several SFPUC capital and bond ordinances to the full Board after accepting budget analyst recommendations and agency amendments.

SFPUC staff summarized a capital program that covers water, wastewater and Hetch Hetchy water and power work. The committee reviewed bond issuances and appropriations that, taken together, would allow the SFPUC to issue approximately $1.2 billion in bonds over upcoming…

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