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Committee recommends reauthorizing $250 million commercial paper program and new bank facilities
San Francisco Board of Supervisors Budget and Finance Committee · February 11, 2026
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Summary
Supervisors recommended approval of two resolutions to reauthorize the city's general fund commercial paper program (up to $250 million) and to approve new credit facilities; staff said the program is used for short‑term bridge financing and selected banks via RFP.
The Budget and Finance Committee on Feb. 11 recommended that the full Board reauthorize the city's general fund commercial paper program and approve two new supporting bank facilities.
Grant Carson of the Office of Public Finance said…
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