This Capital Plan recommends historic levels of funding at $39 billion over 10 years, compared to $35 billion in the last Plan two years ago. Despite this, the Plan defers nearly $5 billion in identified needs for General Fund departments.

Chart 1.3 shows that San Francisco will begin to fully address its annual renewal needs starting in FY2027 if the Pay-Go Program is funded at Plan-recommended levels. This is the first time in recent years that the backlog is expected to decrease in the Plan’s timeframe. It is important that the City take advantage of current economic conditions to achieve or exceed the recommendations of this Plan to continue to make progress against the backlog.

San Francisco’s growing Capital Plan reflects confidence in the City’s capacity to administer our capital program in a responsible and transparent manner that employs best practices in financial management. This includes establishing financial constraints around each funding program to promote its long-term viability, listing unfunded and deferred projects, and establishing funding principles.

Taking care of our capital infrastructure is an important part of building a resilient city. Throughout this Plan, San Francisco has prioritized projects and initiatives that build the capacity of individuals, communities, institutions, businesses, and systems to survive, adapt, and grow, no matter what kind of chronic stresses and acute shocks they may experience.

Chart 1.3