Proposes a change to city law: De-set aside money $12,990,064 in the San Francisco Public Utilities Commission in Fiscal Year (FY) 2025-2026. In short: it commits city money.
Ordinance de-appropriating $12,990,064 in the San Francisco Public Utilities Commission in Fiscal Year (FY) 2025-2026.
How it got here
The legislation originated from the San Francisco Public Utilities Commission's need to adjust its budget due to financial forecasts and concerns from rating agencies.
The Mayor's Office submitted the proposed budget for FY 2025-26, including a request for de-appropriation of $12,990,064 from the Public Utilities Commission's operating budget.
The Mayor's Office requested a 30-day waiver for the de-appropriation ordinance to expedite its consideration by the Board of Supervisors.
The Budget and Appropriations Committee reviewed the proposed de-appropriation along with other related budget items, recommending approval.
The Committee recommended the de-appropriation ordinance (File 25-0602) for approval to the Board of Supervisors.
The Board of Supervisors continued the ordinance on first reading, allowing for further discussion.
The Board of Supervisors passed the ordinance on first reading, moving it closer to final approval.
The Board of Supervisors finally passed the ordinance, officially de-appropriating $12,990,064 from the Public Utilities Commission's budget for FY 2025-26.
Reconstructed from attached documents & the official record
