LAFCO approves FY2024'-25 budget and outlines municipal-housing and study work plan
March 15, 2024 | San Francisco City, San Francisco County, California
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The San Francisco Local Agency Formation Commission approved its proposed fiscal year 2024'-25 budget and discussed an active work plan that prioritizes Clean Power SF oversight, municipal housing studies and public-banking analysis.
Executive Officer Jeremy Pollock presented the proposed budget and work plan on March 15 and reported a proposed total budget of $783,357 and a statutory general-fund request of $386,113, unchanged from the prior year. Pollock said overall expenditures are largely unchanged from last year, with savings driven by underspending on legal services and lower SF Gov TV costs after LAFCO moved from monthly to bimonthly meetings.
On program priorities, Pollock said LAFCO will continue oversight on Clean Power SF and maintain a public dashboard of oversight tasks. He identified three main priority areas for the coming year: Clean Power SF and electricity services, municipal housing services, and public-banking/municipal financial services (the Green Bank financing study is part of an MOU with SFPUC and includes outside funding obtained through prior work).
Policy staff provided an update on the Midtown Park apartments study: consultants Steve Suzuki and Fernando Marti have completed 2 of 4 planned site surveys and 2 of 6 planned resident engagement meetings; the next resident engagement meeting is scheduled for March 30 and staff hope to bring a consultant contract for a broader municipal housing-agency feasibility study to the May meeting, with a final study due in early 2025.
Vice Chair Jackie Felder flagged a California Energy Commission grant opportunity (roughly $4 million) that may support the green-financing work and urged robust community engagement on the integrated resource plan. Commissioners emphasized centering tenants in Midtown engagement and thanked city staff who have participated in outreach.
A motion to approve the proposed budget and work plan was moved, seconded and carried on a roll-call vote with four ayes (Felder, Preston, Williams, Chan).
Executive Officer Jeremy Pollock presented the proposed budget and work plan on March 15 and reported a proposed total budget of $783,357 and a statutory general-fund request of $386,113, unchanged from the prior year. Pollock said overall expenditures are largely unchanged from last year, with savings driven by underspending on legal services and lower SF Gov TV costs after LAFCO moved from monthly to bimonthly meetings.
On program priorities, Pollock said LAFCO will continue oversight on Clean Power SF and maintain a public dashboard of oversight tasks. He identified three main priority areas for the coming year: Clean Power SF and electricity services, municipal housing services, and public-banking/municipal financial services (the Green Bank financing study is part of an MOU with SFPUC and includes outside funding obtained through prior work).
Policy staff provided an update on the Midtown Park apartments study: consultants Steve Suzuki and Fernando Marti have completed 2 of 4 planned site surveys and 2 of 6 planned resident engagement meetings; the next resident engagement meeting is scheduled for March 30 and staff hope to bring a consultant contract for a broader municipal housing-agency feasibility study to the May meeting, with a final study due in early 2025.
Vice Chair Jackie Felder flagged a California Energy Commission grant opportunity (roughly $4 million) that may support the green-financing work and urged robust community engagement on the integrated resource plan. Commissioners emphasized centering tenants in Midtown engagement and thanked city staff who have participated in outreach.
A motion to approve the proposed budget and work plan was moved, seconded and carried on a roll-call vote with four ayes (Felder, Preston, Williams, Chan).
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