CPC-Recommended FY 2016 and 2017 Capital Budget

On May 11, 2015, the Capital Planning Committee (CPC) unanimously approved the City’s two-year Capital Budget for FY 2016 and 2017, for recommendation to the Board of Supervisors.

The City’s commitment to capital in recent years has been growing, and this was a historic budget, with $412M appropriated to the City’s General Fund departments over the two-year period. Of this, $237M is from the City’s General Fund, with a commitment of $119M and $118M in each fiscal year respectively.

General Fund Departments

General Fund Departments are currently on a rolling two-year budget. The FY 2016 budget is updated from the previously adopted FY 2015 and 2016 budget, and the FY 2017 budget will be revisited during the FY 2017 and FY 2018 budget cycle.

Highlights

This record-level budget funds a number of important projects, such as:

  • Critical emergencies, such as the rockfall and landslides at Telegraph Hill
  • Major public safety projects such as the Radio System Replacement project
  • Water conservation projects such as the UN Plaza Water Storage and Distribution project, Irrigation System Modernization, and installation of Low Flow Plumbing
  • Record-levels of investment in Facility Renewals ($41M over 2 years)
  • The ADA Transition Plan, as well as funding to study and support ADA work going forward
  • The City’s Dig Once Implementation project to install conduit
  • Major projects at the City’s Cultural Centers, as well as a significant number of renewal projects at the Asian Art and Fine Arts Museums
  • This budget also includes record-levels of projected impact fee revenue which will fund capital improvements in areas of new growth including streetscape improvements and new parks.

FY 2016 and 2017 General Fund Summary by Expenditure Type ($412M)

Capital Budget 16-17
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.

Enterprise Departments

The enterprise departments are currently on a fixed two-year budget covering FY 2015 and 2016, and this budget does not include any updates to their project allocations.

Links

Capital Planning Cmt – May 11, 2015

Capital Planning Committee
AGENDA FOR MEETING
May 11, 2015
City Hall, Room 305
12:00 – 2:00PM

1) CALL TO ORDER

2) INTRODUCTIONS AND AGENDA REVIEW

3) GENERAL PUBLIC COMMENT
Public comment on matters within the Committee’s jurisdiction that are not on the current agenda

4) APPROVAL OF THE ORDINANCE AND RELATED RESOLUTION OF PUBLIC INTEREST AND NECESSITY AUTHORIZING THE PROPOSED AFFORDABLE HOUSING GENERAL OBLIGATION (G.O.) BOND IN THE AMOUNT OF $250,000,000 (Action Item)
The Mayor’s Office of Housing and Community Development will present an overview of the proposed programs to be funded through the Affordable Housing G.O. Bond.

5) APPROVAL OF THE FISCAL YEAR 2015-16 & 2016-17 GENERAL FUND CAPITAL BUDGET TOTALING UP TO $420,000,000 (Action Item)
The Capital Planning Program will present an overview of the proposed Two-Year Capital Budget.

6) UNDERGROUNDING OF UTILITY WIRES AND EXPANSION OF FIBER NETWORK (Discussion Item)
The SF Local Agency Formation Commission will present a draft study of the undergrounding of utility wires and the expansion of the fiber network in San Francisco. Supporting documents here.

7) NEXT MEETING SCHEDULE AND POTENTIAL AGENDA ITEMS (Discussion Item)
Proposed date, location & time: TBD, City Hall Room 305
Proposed agenda items: TBD

CPC Memo to the Board of Supervisors
CPC BOS Memo 2015-05-11

Capital Planning Cmt – May 4, 2015

Capital Planning Committee
AGENDA FOR MEETING
May 4, 2015
City Hall, Room 305
12:00 – 2:00PM

1) CALL TO ORDER

2) INTRODUCTIONS AND AGENDA REVIEW

3) GENERAL PUBLIC COMMENT
Public comment on matters within the Committee’s jurisdiction that are not on the current agenda

4) AUTHORIZATION AND ISSUANCE OF THE SALE OF $67,540,000 IN 2015 TRANSPORTATION AND ROAD IMPROVEMENT GENERAL OBLIGATION BONDS BY THE SAN FRANCISCO MUNICIPAL TRANSPORTATION AGENCY (SFMTA) AND RELATED SUPPLEMENTAL APPROPRIATION (Action Item)
The SFMTA will present an overview of the first bond sale and appropriation of funds for the Transportation and Road Improvement bonds passed by voters in November 2014. The presentation will include information on projects the bonds will fund including: Muni Forward Rapid Network Improvements, Caltrain’s positive train control system, major transit corridor improvements, and pedestrian safety improvements.

5) PROJECT REQUESTS IN THE CAPITAL BUDGET (Discussion Item)
The Capital Planning Program and departments will present on selected projects in the Capital Budget, as requested by the Capital Planning Committee and staff.

6) NEXT MEETING SCHEDULE AND POTENTIAL AGENDA ITEMS (Discussion Item)
Proposed date, location & time:
May 11, 2015; City Hall, Rm. 305, 12:00 – 2:00pm
Proposed agenda items: (1) Capital Budget Approval, (2) Housing Bond Proposal, (3) Draft Study of Undergrounding of Utility Wires and Expansion of Fiber Network

CPC Memo to the Board of Supervisors
CPC BOS Memo 2015-05-04