Mayor Edwin M. Lee today presented his proposed two-year balanced budget for Fiscal Year (FY) 2016-17 and 2017-18. The budget for the City for FY 2016-17 and FY 2017-18 is $9.6 and $9.7 billion, respectively. Half of the budget consists of self-supporting activities at the City’s Enterprise departments (the Port, Municipal Transportation Agency, Airport, Public Utilities Commission and others), while the remaining half consists of the General Fund, which supports core services such as Public Health, Police, Fire, and Recreation and Parks.

“City government has an important role to play in making the lives of all people better, and residents will see even more investments to improve quality of life in every neighborhood,” said Mayor Lee. “These good economic times represent a significant opportunity for us to ensure that San Francisco is a safe, vibrant City that invests in our diverse neighborhoods and builds stronger communities. I view this submission of a no cuts, balanced budget as a first step in a collaborative process, and I am proud of what we have accomplished so far to keep our City safe, successful, and resilient. I look forward to working with the Board of Supervisors to deliver a budget that invests responsibly in the residents and small businesses of San Francisco.”

Mayor Edwin M. Lee today announced a $411.3 million proposed two-year capital budget to invest in San Francisco’s future. This record investment continues Mayor Lee’s strong commitment to improving San Francisco’s infrastructure and continuing to follow the good government recommendations of the Capital Planning Committee. The investments included in the proposal will make the City more resilient, safer, and more livable. It addresses critical public safety projects, makes big investments to address growth, and takes care of existing infrastructure.

“My proposed capital budget is six times larger than when I took office in 2011, demonstrating my commitment to making San Francisco safer, more resilient, and more livable,” said Mayor Lee. “These investments will provide critical upgrades to streets, parks, cultural facilities, and police and fire stations across San Francisco while creating well paid local construction jobs. The investments we make today will have a lasting impact on generations to come, and this is exactly the type of investment we should be making now to ensure our City’s success over the long term.”