Flanked by members of the "City Family," Mayor Ed Lee ceremoniously signed San Francisco's $7.9 billion budget Wednesday morning, calling it a fiscally and socially responsible spending plan.
The budget looks to the future, Lee said, with significant investments in hiring additional public-safety workers in infrastructure and in schools.
"This is a very forward-looking budget," Lee said. "It's a very expensive one, but it's a very forward-looking one."
With a local economy fueled by a booming technology industry, the budget process was relatively tame with plenty of money to spread around, from increases in homeless services to hiring more police officers.
Supervisor Mark Farrell, who led the Board of Supervisors Budget and Finance Committee in reviewing Lee's spending plan and making changes, praised Supervisor John Avalos, one of the more progressive members of the board, for his assistance and everyone else from Lee's chief of staff, Steve Kawa, on down.
Farrell said the budget, which is for the fiscal year that began July 1 and ends June 30, reflects the values "of all San Francisco."