45 posts categorized "Budget"

01/12/2012

Housing Funding: Mayor Creates Housing Trust Fund Working Group

Housing Funding: Mayor Creates Housing Trust Fund Working GroupMayor Edwin M. Lee today announced the creation of the Housing Trust Fund Working Group. The broad working group is tasked with designing a ballot measure that would create a permanent source of revenue to fund the creation of housing that is affordable to low income, moderate income and middle-class households in San Francisco. Mayor Lee will work with the Board of Supervisors and the community to develop a measure for the November 2012 Ballot.

"If we can come together to tackle tough issues like pension reform, we can surely work together to create a permanent source of revenue to fund the production of housing in San Francisco at every level of the economic spectrum," said Mayor Lee. "Affordable and middle class housing are critical to the economic diversity and economic vitality of our City. With the elimination of affordable housing and a nearly 50 percent decrease in federal affordable housing funds this year alone, we must innovate locally to ensure San Francisco remains a place that everyone can call home." Read more.

01/10/2012

Health Funding: Mayor Announces New HIV/AIDS Funding

Health Funding: Mayor Announcement New HIV/AIDS FundingToday Mayor Edwin M. Lee joined by Supervisors Scott Wiener, David Campos and Christina Olague announced the introduction at the Board of Supervisors a $1.8 million budget supplemental for HIV/AIDS care and treatment funding to protect essential services to the City’s most vulnerable despite severe budget shortfalls.

“Building upon the tremendous leadership of Leader Pelosi in Congress on the reauthorization of the Ryan White Care Act, San Francisco will continue to sustain investments in HIV/AIDS care and treatment,” said Mayor Lee. “Despite continued historic budget challenges, we remain committed to funding critical care services for those living with HIV/AIDS in San Francisco.” Read more.

07/26/2011

Mayor Lee Signs Balanced Budget for 2011-12

Mayor Lee Signs Balanced Budget for 2011-12 Mayor Edwin M. Lee today signed the City & County of San Francisco’s Fiscal Year 2011-12 budget after today’s final unanimous approval by the Board of Supervisors. The $6.83 billion balanced budget closed a $380 million General Fund budget deficit.

“Our budget reflects our core fundamental values in San Francisco and it is the result of our collective hard work and collaboration over the past several months,” said Mayor Lee. “We are protecting vital services that our residents rely on every day while putting us on a course toward long term financial stability. I thank Board of Supervisors President David Chiu and Supervisor Carmen Chu, Chair of the Board’s Budget & Finance Committee for their leadership and commitment in putting forth a budget that keeps our City safe, solvent and successful.”

Mayor Lee took office in January 2011 facing a $380 million General Fund budget deficit and immediately began an inclusive, collaborative approach to solving the budget shortfall. The budget process included an unprecedented level of public input including ten neighborhood town halls and dozens of meetings with residents, labor organizations, small business owners, non-profit service providers and other stakeholders. Read more.

06/01/2011

Mayor Lee Proposes FY 2011-12 Balanced Budget

Mayor Lee Proposes FY 2011-12 Balanced Budget Mayor Edwin M. Lee today presented his proposed $6.83 billion balanced budget to the Board of Supervisors for Fiscal Year 2011-12, which closes a $306 million General Fund budget deficit.

Mayor Lee took office in January 2011 facing a $380 million General Fund budget deficit and began an inclusive, collaborative approach to solving the budget shortfall. The budget process included an unprecedented level of public input. Mayor Lee partnered with the Board of Supervisors to hold ten Budget Town Hall meetings throughout the City to solicit public input. In addition, Mayor Lee worked with leaders from community-based organizations in budget working sessions and conducted scores of meetings with members of the Board, City Commissioners, labor organizations, business leaders, neighborhood leaders, and advocates resulting in $28 million in changes to the budget before it was submitted to the Board of Supervisors. Read more.

- Download the Mayor's Proposed Budget:  http://sfmayor.org/index.aspx?page=415
 
- Access the SF Budget Challenge:  http://www.sfgov.org/budgetchallenge

05/24/2011

Mayor and Coalition Introduce Pension Reform Ballot Measure

Mayor and Coalition Introduce Pension Reform Ballot Measure Mayor Edwin M. Lee and Supervisor Sean Elsbernd today introduced a proposed Charter amendment for pension and health benefits reform for the November 2011 ballot. After months of working with labor leaders, business leaders, community-based organizations and the City family, the consensus reform measure would restructure San Francisco’s pension and health benefits. The proposed Charter amendment is co-sponsored by Board of Supervisors President David Chiu and Supervisors Carmen Chu, Malia Cohen, Mark Farrell and Scott Wiener.

“Our consensus pension reform measure is comprehensive, balanced, and responsible. It will realize the savings we need so that we can protect vital City services now and in the future,” said Mayor Lee. “It is an important part of our overall strategy to bring structural reforms to San Francisco’s long term financial planning and budgeting and ensures that we have a system that San Francisco can afford, while providing pension and health care to its employees.” Read more.