Financial Summary
| PROGRAMS/PROJECTS (Dollars in Thousands) |
PRIOR YEARS |
FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 - 2029 | Plan Total | Backlog |
|---|---|---|---|---|---|---|---|---|---|
| SPENDING PLAN | DEFERRED | ||||||||
| Port of San Francisco | - | 307,278 | 270,592 | 225,689 | 212,235 | 205,671 | 586,413 | 1,807,877 | 1,161,899 |
| Treasure Island Redevelopment | 456,075 | 196,663 | 196,460 | 166,262 | 166,070 | 145,885 | 700,000 | 1,571,340 | - |
| Transbay | 22,900 | 17,900 | 19,550 | 16,900 | 4,150 | 4,500 | - | 63,000 | - |
| Mission Bay Redevelopment | - | 54,102 | 24,471 | 7,053 | 1,483 | - | - | 87,109 | - |
| Hunters Point Redevelopment | 191,156 | 170,164 | 178,163 | 181,211 | 199,367 | 224,149 | 1,264,956 | 2,218,010 | |
| Planning Department | 459,170 | 74,789 | 97,278 | 33,311 | 7,339 | 5,875 | 5,416 | 224,009 | 650,916 |
| Affordable Supportive Units and Infrastructure | - | 500,000 | - | - | - | - | - | 500,000 | - |
| TOTAL | 1,129,301 | 1,320,896 | 786,515 | 630,426 | 590,644 | 586,080 | 2,556,785 | 6,471,345 | 1,812,815 |
| REVENUES | |||||||||
| General Fund - Other | 15,092 |
10,245 |
1,910 | 27,247 | |||||
| Capital Planning Fund | - | - | - | - | - | - | - | ||
| Port Funds & Tenant Responsibility |
36,197 |
24,334 |
28,136 | 38,145 | 58,157 | 187,051 | 372,020 | ||
| Seawall Earthquake Safety Bond | 10,500 |
11,000 |
73,000 | 90,400 | 88,400 | 142,800 | 416,100 | ||
| Other Local | 453,754 | 490,428 | 345,152 | 457,763 | 1,347,017 | 3,384,411 | 3,384,411 | ||
| Federal and State | 51,480 | 8,540 | 2,000 | 2,000 | 2,000 | 24,500 | 90,520 | ||
| Neighborhood Parks and Open Space Bond 2012 | 10,399 | - | - | - | - | - | 10,399 | ||
| Land-Secured Financing (TIF, IFD, Mello Roos) | 32,470 | 23,069 | 6,552 | 54,491 | 60,869 | 402,647 | 580,098 | ||
| Private Capital | 165,000 | 165,000 | 165,000 | 120,000 | 120,000 | 560,000 | 1,295,000 | ||
| Impact Fees | 34,049 | 30,390 | 57,224 | 10,963 | 13,697 | 108,777 | 255,100 | ||
| Bonds | 25,672 | 19,229 | - | - | - | - | 44,902 | ||
| External Grants | 6,000 | 7,443 | 6,895 | 2,360 | 3,540 | - | 26,238 | ||
| Waterfront Safety G.O. Bond | - | - | - | - | - | 150,000 | 150,000 | ||
| Affordable Housing G.O. Bond | 500,000 | - | - | - | - | - | 500,000 | ||
| TOTAL | 1,340,614 | 789,678 | 685,869 | 608,655 | 804,426 | 2,922,792 | 7,152,035 | ||
| Total San Francisco Jobs/Year | 7,950 | 4,683 | 4,067 | 3,609 | 4,770 | 17,332 | 42,412 | ||
| Annual Surplus (Deficit) | 19,718 | 3,163 | 55,444 | 18,011 | 218,346 | 366,007 | 680,690 | ||
| Cumulative Surplus (Deficit) | 19,718 | 22,882 | 78,325 | 96,336 | 314,683 | 680,690 | |||
