City Budget: Mayor Presents Proposed Balanced Budget for FY 2016-18

Mayor Edwin M. Lee today presented his proposed two-year balanced budget for Fiscal Year (FY) 2016-17 and 2017-18. The budget for the City for FY 2016-17 and FY 2017-18 is $9.6 and $9.7 billion, respectively. Half of the budget consists of self-supporting activities at the City’s Enterprise departments (the Port, Municipal Transportation Agency, Airport, Public Utilities Commission and others), while the remaining half consists of the General Fund, which supports core services such as Public Health, Police, Fire, and Recreation and Parks.

“City government has an important role to play in making the lives of all people better, and residents will see even more investments to improve quality of life in every neighborhood,” said Mayor Lee. “These good economic times represent a significant opportunity for us to ensure that San Francisco is a safe, vibrant City that invests in our diverse neighborhoods and builds stronger communities. I view this submission of a no cuts, balanced budget as a first step in a collaborative process, and I am proud of what we have accomplished so far to keep our City safe, successful, and resilient. I look forward to working with the Board of Supervisors to deliver a budget that invests responsibly in the residents and small businesses of San Francisco.”