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Ordinance#230652Passed
In plain English

This ordinance allocates $124,020,472 from various revenue sources for the San Francisco Public Utilities Commission's capital improvement projects for the fiscal year 2023-2024. It also places specific amounts of Power and Water Bonds on reserve, contingent on the availability of funds and compliance with environmental regulations.

Ordinance appropriating a total of $124,020,472 of Hetch Hetchy revenue, Cap and Trade Revenue and Power and Water Revenue Bonds for the San Francisco Public Utilities Commission (SFPUC) Hetch Hetchy Capital Improvement Program for Fiscal Year (FY) 2023-2024; and placing $41,031,367 of Power Bonds and $77,084,105 of Water Bonds by project on Controller’s Reserve subject to the Controller's certification of funds availability, including proceeds of indebtedness, and for construction related expenditures (excluding program management, planning and design) for these projects, as applicable, is also subject to the prior occurrence of the SFPUC's and the Board of Supervisors' discretionary adoption of California Environmental Quality Act (CEQA) Findings for projects, following review and consideration of completed project related environmental analysis, where required, in Fiscal Year (FY) 2023-2024.

Introduced: Jun 6, 2023
Final action: Jul 28, 2023
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How it got here

Document trail
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BLA Rpt 061423
Budget and Legislative Analyst
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How they voted

PASSED ON FIRST READING
Board of Supervisors Β· Jul 18, 2023Pass
5-0
CONTINUED ON FIRST READING
Board of Supervisors Β· Jul 11, 2023Pass
5-0
RECOMMENDED
Budget and Appropriations Committee Β· Jun 14, 2023Pass
3-0

Legislative journey

Clerk of the BoardJun 1, 2023
Β·RECEIVED
PresidentJun 6, 2023
β†’ASSIGNED
Budget and Appropriations CommitteeJun 14, 2023
βœ“RECOMMENDEDPass
Board of SupervisorsJul 11, 2023 – Jul 25, 2023
β†·CONTINUED ON FIRST READINGPass
βœ“PASSED ON FIRST READINGPass
βœ“FINALLY PASSEDPass
MayorJul 28, 2023
βœ“APPROVED