City's Budget: Mayor Proposes Initial Balanced Budget
Mayor Edwin M. Lee today presented his proposed two-year balanced budget for seven City departments totaling $5.2 billion. The May 1st budget focuses on enterprise departments or agencies within City government that generate revenue.
"This May 1st budget focuses on putting San Franciscans back to work, investing in our City's infrastructure and keeping San Francisco safe, solvent and successful," said Mayor Lee. "By creating thousands of jobs, seismically strengthening our water system, improving our Airport terminals and runways, investing in Muni maintenance and upgrading our piers, we are ensuring that San Francisco will have a secure economic future. This budget proposal, and this year’s budget process, reflects my commitment to innovate to solve our City's challenges, involve the public, and invest in our capital assets and workforce." Read more.