SF gives initial approval to two-year, $7.9 billion budget

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SAN FRANCISCO (BCN)

San Francisco’s Board of Supervisors gave unanimous initial approval Tuesday to the city’s $7.9 billion budget for the next two fiscal years.

The budget “reflects the priorities and values of all of San Francisco,” said Supervisor Mark Farrell, who oversaw the budget process as chair of the board’s budget committee.

The budget restores $4 million in federal cuts to HIV prevention, programming and health services as well as enhancing services for homeless people and making sure a Recreation and Park clubhouse is open in every supervisorial district, Farrell said.

The budget also adds a record amount of funding to the city’s budget reserves, he said.

Supervisor David Campos thanked his fellow supervisors for ensuring that the HIV funding was restored.

“It’s a testament to the principles and the values that each one of you has,” Campos said. “I’m very proud to see that in my colleagues.”

The budget, which closes an estimated $124 million deficit for the next fiscal year and a $256 million one for the following year, will be given final approval at the board’s meeting next week and then be signed into law by Mayor Ed Lee.

(Copyright 2013 Bay City News. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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