48 posts categorized "Budget"

05/01/2012

City's Budget: Mayor Proposes Initial Balanced Budget

City's Budget: Mayor Proposes Initial Balanced BudgetMayor 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.

03/08/2012

Budget Sessions: Mayor Launches Series to Engage Residents in City Budget

Mayor Launches Series to Engage Residents in City BudgetMayor Edwin M. Lee today announced a number of Community Engagement events to get the public more involved in the budget process and educate residents about the Mayor’s budget principles as he builds a balanced two-year budget. The Mayor will co-host District Based Budget Town Halls with the Board of Supervisors and will also provide online forums to hear directly from San Franciscans about their budget priorities and ideas; and their  issues and concerns as the City balances its first ever two-year budget.

“We need to hear directly from our residents about the issues that matter most to them,” said Mayor Lee. “We must build a balanced budget that not only ensures that San Franciscans get the city services they need, but one that will set the City on a steady course to fiscal solvency. My goal is to stimulate the local economy, create good jobs, and encourage innovative efficiencies within City departments and programs, and I am eager to share these principles with the public and hear directly from them.” Read more.

02/14/2012

Transportation Funding: Federal Support for Central Subway and Rapid Transit

Federal Support for Central Subway and Rapid TransitToday Mayor Edwin M. Lee and the San Francisco Municipal Transportation Agency (SFMTA) announced that the federal government has once again demonstrated strong support for planned improvements to public transportation in San Francisco. President Barack Obama’s federal budget proposal for Fiscal Year 2013 includes a recommendation for $150 million in funding for the Central Subway Project and $10 million to implement bus rapid transit on Van Ness Avenue.

“These crucial investments in our City’s transportation infrastructure continue to receive strong support from the highest levels of the federal government,” said Mayor Lee. “We thank President Obama, Democratic Leader Pelosi, Senators Feinstein and Boxer and all our federal partners for their consistent leadership and their commitment to improving public transit, creating jobs and investing in San Francisco.” Read more.

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.