The Board of Supervisors unanimously approved San Francisco’s 10-year capital plan Tuesday. But that doesn’t mean capital spending has been solved -- especially as The City is looking at a $380 million budget deficit.
The capital plan is just that, a plan. It is revised every year, detailing what are The City’s capital needs, how much they cost, and how The City plans to pay for them during a 10-year period.
One component of the plan is putting on the November ballot a $170 million bond to pay for the backlog of street repair. But a steady source of revenue to pay for ongoing street work has yet been identified by city officials. Some ideas offered by a working group established by former Mayor Gavin Newsom and Board of Supervisors President David Chiu included local taxes.
Improving the condition of San Francisco streets, and adequately funding them, has long been a problem City Hall has struggled with.
The struggle continues. During a recent hearing, the mayor’s budget director noted that voters had rejected a streets measure a few years ago.