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Budget subcommittee advances bond sales and several project amendments, including Laguna Honda and SF General financing
Summary
The subcommittee cleared multiple routine budget items to the full Board: a correction to a Department of Public Health supplemental appropriation; an amendment to the Laguna Honda Hospital design agreement; and authorizations and appropriations for general obligation bond issuances to fund San Francisco General Hospital seismic work and PUC seismic and cistern projects.
The Budget & Finance Subcommittee voted to forward to the full Board a set of budget and financing items including a corrective ordinance for the Department of Public Health, a modification to the Laguna Honda Hospital master architect contract, and two bond authorizations.
Item 1 (correction to supplemental appropriation): The clerk read an ordinance correcting source delineation on Supplemental Ordinance No. 77-12 to recognize $31,477,332 in state revenue losses and to appropriate $67,629,934 in combined funding sources for additional Department of Public Health expenditures; Kate Howard, the mayor's budget director, said the change fixes an error…
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