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Supervisors forward $348M wastewater capital package and revenue-bond authorization to full board
Summary
The Budget & Finance Committee voted to forward to the full Board a $348.1 million two-year supplemental capital appropriation and requests for wastewater revenue-bond authorizations (up to $297.8 million), while placing certain sewer-collection construction funds on controller reserve pending confirmation of a $30 million state grant.
The San Francisco Budget and Finance Committee on a voice vote moved to send to the full Board a multiyear wastewater capital package that combines a $348.1 million supplemental capital appropriation with requests for revenue-bond authorizations.
Todd Reedstrom, assistant general manager and chief financial officer of the San Francisco Public Utilities Commission, told the committee the appropriation would cover two years of planned projects across sewer collection, treatment facilities and sewer-system improvement planning. Reedstrom said the city is…
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