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Committee recommends $22 million loan to SFMTA to expand SFpark pilot; analysts urge cautious revenue assumptions
San Francisco Board of Supervisors Budget and Finance Committee · August 4, 2010
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Summary
Committee recommended forwarding a $22 million congestion‑mitigation loan (MTC CMAQ funds) to SFMTA for the SFpark expansion; the budget analyst said the agency's revenue estimates looked reasonable but were not independently verified and stressed uncertainty.
The committee reviewed a proposed $22,000,000 loan to the San Francisco Municipal Transportation Agency from Metropolitan Transportation Commission CMAQ funds to expand SFpark (smart meters, sensors, garage signage and a small car‑sharing pilot). Sponsor and SFMTA representative…
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