45 posts categorized "Budget"

03/13/2013

Solar Energy: Mayor Announces Full Funding for GoSolarSF Program

GoSolarSF_031313Mayor Edwin M. Lee today announced that the City’s successful solar initiative, GoSolarSF, will receive an additional $2 million in funding for the fiscal year 2013-2014. The additional allocation will increase the total funds available for GoSolarSF financial incentives starting July 1, 2013 to $4 million. GoSolarSF funds will be available for all incentive categories, which include residential, low-income residential, business and non-profit.

“GoSolarSF has shown a proven track-record of success and has created more than 100 jobs for San Franciscans while jump-starting our own local solar industry,” said Mayor Lee. “Today, our City is a leader in clean energy because we’re reducing greenhouse gas emissions, in part, by generating more and more of our energy locally from rooftop-installed solar arrays.”

GoSolarSF is a program run by the San Francisco Public Utilities Commission (SFPUC) that provides incentives for San Francisco residents, businesses and non-profits to install solar panels on their property. Read more.

01/10/2013

City Budget: Mayor Releases Reserve Funds to Protect City Services

Reserve_funds_10jan13Mayor Edwin M. Lee today introduced a supplemental appropriation which includes the release of $7.2 million to backfill State budget reductions and to protect the City's social safety net for its most vulnerable residents, including children and seniors. 

"Even in a challenging economic environment, we have balanced our budget, made tough decisions and, most importantly, planned for the future," said Mayor Lee. "We are now in a position to protect critical City services and programs and offset cuts from the State to some of our most vulnerable residents. However, it is critical that we judiciously maintain and spend our reserves, especially with the threat of more than $40 million in Federal sequestration cuts looming." Read more.

07/25/2012

City Budget: Mayor Signs Balanced Budget for FYs 2012-14

City Budget: Mayor Signs Balanced Budget for FYs 2012-14Mayor Edwin M. Lee today signed San Francisco’s first-ever two-year balanced budget for Fiscal Year 2012-13 and 2013-14 after the Board of Supervisors unanimously approved it yesterday. The City’s first Two Year Budget closed a projected $263 million General Fund deficit for the coming Fiscal Year 2012-13 and $375 million deficit for Fiscal Year 2013-14.

“This two-year balanced budget invests in our people, our neighborhoods and our critical infrastructure to create jobs for our residents and expand support for public safety, small business, our schools and the social safety net in San Francisco,” said Mayor Lee. “I’m especially proud that, in an era of declining support from the State and Federal governments and amidst bitter partisan divides in Sacramento and Washington, we in San Francisco have worked together to build consensus and embrace pension, health and long-term fiscal reforms that increase our reserves and boost our economic recovery for the future. I want to thank all the members of the Board of Supervisors, especially Budget Chair Carmen Chu, as well as business, labor and community organizations, for their hard work and involvement this year to develop our first-ever two-year balanced budget.” Read more.

07/23/2012

Transportation Funding: Mayor Announces Fed Funding to Improve Muni

Transportation Funding: Mayor Announces Fed Funding to Improve MuniMayor Edwin M. Lee today announced San Francisco awarded more than $21 million in U.S. Department of Transportation Federal Transit Administration (FTA) Livability and State of Good Repair grants to the San Francisco Municipal Transportation Agency (SFMTA) for frontline Muni service enhancements and new, low-floor biodiesel-electric hybrid buses – critical investments that will optimize existing Muni transit service and improve the customer experience. 

"As the FTA makes a tremendous investment in public transit across the nation, we are pleased are highlighting San Francisco, as we are making significant changes to improve transit service for Muni riders and sustain our system for many years to come," said Mayor Lee. "I want to thank the Obama Administration and FTA Deputy Administrator McMillan for providing critical funds for San Francisco's transit future and our Congressional delegation for their support in creating a 21st Century transportation system." Read more.

05/31/2012

New FY 2012-14 Budget: Mayor Presents Proposed Balanced Budget

New FY 2012-14 Budget: Mayor Presents Proposed Balanced BudgetMayor Edwin M. Lee today presented his proposed two-year balanced budget for Fiscal Years 2012-13 and 2013-14. The City's first Two-Year Budget closed a projected $263 million General Fund deficit for the coming Fiscal Year 2012-13 and $375 million deficit for Fiscal Year 2013-14. The Mayor's proposed balance budget is the result of hard work and collaboration by the City's elected officials, residents, departments, community organizations, employees and a wide range of other stakeholders. 

"Because of the discipline we have put into our budget process with Two-Year Budgets and Five-Year Financial Planning, the strategic investments we have made in job creation, and our commitment to reforming our pension and health care systems, San Francisco's economy is now recovering and our reserves are growing," said Mayor Lee. "This is good news, but it did not come without commitment and sacrifice. We can now continue our investment in job creation and growing our economy while sparing the City the deep cuts we have experienced over the last several years. The hard work is not done. We must remain fiscally responsible and continue the structural reforms and good government policies we pursued that helped us get to this point. This budget reflects my commitment to innovate, create jobs and invest in our City's infrastructure, housing, small businesses and neighborhoods." Read more.