The City’s commitment to Capital in recent years has been growing, and this was a historic capital budget, with $310M appropriated to the City’s General Fund departments over the two-year period. While this budget represents an important step in tackling the City’s growing backlog of capital needs – hovering today at nearly $1 billion – the City must remain committed to infrastructure in the years ahead to ensure that San Francisco is a vibrant, economically strong, and resilient community for generations to come.
Please click here for a copy of the budget presentation at the Capital Planning Committee meeting on May 12, 2014.
General Fund Departments
General Fund Departments are currently on a rolling two-year budget. The FY2014-15 budget is updated from the previously adopted FY14 & FY15 budget, and the FY2015-16 budget will be revisited during the FY16 & FY17 budget cycle.
For a more detailed view of the two-year capital budget for General Fund Departments, please refer to the General Fund Capital Budget.
- Appropriated $310M to General Fund departments, with $215M coming from the City’s General Fund.
- FY15 General Fund commitment of $113M is $31M higher than the previous year.
- FY16 General Fund commitment is $102M (This amount will be revisited during the FY16 & FY17 budget cycle).
FY15 & FY16 General Fund Summary by Expenditure Type ($310M)
Note: The Capital Budget does not represent the City’s entire capital investment, since it excludes bond proceeds. Bond proceeds represent a significant portion of the City’s overall capital investment, including ADA improvements and critical enhancement and renewal needs.
The enterprise departments are currently on a fixed two-year budget covering FY2014-15 and FY2015-16.
Note: PUC’s approved two-year capital budget was through a supplement appropriation in 2014, while Port, Airport, and SFMTA submitted their capital budgets through the City’s Annual Appropriation Ordinance process.
- $20.5M for Runway Safety Area Program at SFO.
- $4.5M to repair the Port’s pier structures.
- $647.2M to support the PUC’s water, waste water and power enterprises’ capital needs.
- $191.6M for the SFMTA’s Central Subway project.
- $3.7M for pedestrian improvements by the SFMTA.
FY15 & FY16 Enterprise Department Summary
Total $1307.3 $1650.8
PUC $647.2 $902.2
Port $12.8 $12.8
Airport $33.9 $34.6
SFMTA $579.5 $666.6