Budget and Finance Committee summary
At a glance
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The committee recommended approval of a package of spending, grant, bond, and contract items, including $20 million for Embarcadero Plaza and Sue Bierman Park, $4.5 million for the Mission Bay Ferry Landing, and up to $270 million in school district bonds. It also backed an ordinance that would raise the approval threshold for grants requiring Board of Supervisors action from $100,000 to at least $1 million, starting October 1, 2026.
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What this means
The committee advanced several measures that would move money into city projects and services. Those include grants for waterfront and park improvements, a contract extension for ferry landing design work, and approval steps for school district bonds and health plans. It also supported a rule change that would let more grants be accepted without separate Board approval unless they are large enough to cross a higher threshold.
Key decisions
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- Recommended approval of an ordinance to raise the grant-approval threshold from $100,000 to the greater of $1,000,000 or the federal single audit threshold amount, starting October 1, 2026.
- Recommended a performance and management audit of the Academy of Sciences in Fiscal Year 2026-2027.
- Recommended approval of a roughly $20,000,000 grant agreement for potential improvements and renovations at Embarcadero Plaza and Sue Bierman Park.
- Recommended approval of up to $270,000,000 in General Obligation Bonds for San Francisco Unified School District, Election of 2024, Series B.
- Recommended approval of a $4,000,000 grant for the Mission Bay Ferry Landing project.
- Recommended retroactive approval of a contract amendment extending architectural and engineering services for the Mission Bay Ferry Landing project, with no change to the $6,411,383 contract amount.
- Recommended approval of a $4,500,000 grant for the Mission Bay Ferry Landing project.
- Recommended approval of Health Service System plans and contribution rates for calendar year 2027.
- Recommended retroactive approval of an in-kind gift valued at $87,000 for wastewater analysis services supporting the Department of Public Health.
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Meeting information
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Budget and Finance Committee (7/8/2026 10:00 AM)
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