City Budget: Mayor Proposes Initial Budget with New Capital Investments

Monday, May 2, 2016
City Budget: Mayor Proposes Initial Budget with New Capital Investments

Mayor Edwin M. Lee today presented his proposed May 1st budget for the City’s four enterprise Departments (the Airport, Municipal Transportation Agency, Port, and Public Utilities Commission) as well as eight self-funded departments (Board of Appeals, Building Inspection, Child Support Services, Environment, Law Library, Library, Rent Arbitration Board, and Retirement System), as well as support for the San Francisco Unified School District, totaling $6.8 billion over Fiscal Years 2016-17 and 2017-18.

“This budget invests in the quality of life in all of our diverse neighborhoods,” said Mayor Lee. “We are modernizing our waterfront, our water, power, and sewer infrastructure, and our streets and transit systems to make our City safer. At the same time we are helping our families and residents succeed and thrive with additional library hours, Muni service increases, and safer streets and buildings. As we work together with our Board of Supervisors and the community on a fully balanced City budget, residents will see even more investments to improve quality of life in every neighborhood.”