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Redevelopment dissolution shifts costs to San Francisco general fund, mayor’s budget office says
Summary
City officials told the Budget & Finance Committee that dissolution of the state redevelopment agencies (AB26/27) moves enforceable obligations into successor agency budgets while many neighborhood and workforce programs become general fund obligations, raising multi‑year general fund costs.
City budget staff told supervisors the state’s dissolution of redevelopment agencies (ABx1 26/27) requires San Francisco to act as successor agency and transfer many redevelopment assets and responsibilities into existing city organizations. Kate Howard, the mayor’s budget director, said enforceable obligations such as debt service and certain major project obligations will continue under a recognized obligation payment schedule, but non‑enforceable neighborhood investment, workforce readiness and some hotel‑tax funded activities can no longer be paid from tax increment and will shift onto the general…
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