CCSF Capital Plan by zug47891

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									  CITY & COUNTY OF SAN FRANCISCO
        CAPITAL PLANNING PROGRAM




FY 2011-2020 CAPITAL PLAN
 Recommendation to Mayor & Board


                   March 1, 2010
    Key Changes to DRAFT Capital Plan
2


     $475M Earthquake Safety & Emergency Response GO Bond
     #2 (Nov 2015) includes Forensic Sciences Center
     County Jails 1 & 2 delayed 2 years, initiation in FY 2013 @
     $482M
     Included $60M for Opera House Addition with Veterans Bldg
     Doyle Drive expenditures added to Infrastructure & Streets
     Mission Bay financials added to Economic Development
     Soft story program added to text of Public Safety chapter
     Pay-as-you-go actual vs. projected funding added to
     Executive Summary
     Port & Airport Commission updates
    FY 2011-2020 Capital Plan Summary
3


    Summary by Dept Type
    (Dollars in Millions)
                                                                        SF Jobs
                                 GF      Enterprise External   Total    Created
    Public Safety                1,486                          1,486   10,698    - 20%
    Health & Human Services        662                   80       742    5,340    - 1%
    Infrastructure & Streets       722      6,418       766     7,906   56,923    + 13%
    Transportation                          7,052     4,020    11,071   79,712
    Rec., Culture & Education     567                   894     1,461   10,518    - 4%
    Econ. & Neigh. Development    120         688     3,283     4,090   29,450    - 4%
    General Government            208                             208    1,500    - 8%
    Total                        3,765     14,157     9,042    26,964   194,141   + 1%
    General Fund Department Program Summary
4


    GF Program Summary
    (Dollars in Millions)   Funded    Deferred

    Renewal Investments       1,217      1,545   0.4%, -12%

    Enhancements              2,548      3,373   -15%, +10%

     Earthquake Safety        1,950      1,137   -14%, +72%

     Accessibility              108

     Parks & Open Space         215       495

     Other                      274      1,741   -33%, -9%

    TOTAL                    $3,765     $4,918   -11%, +2%
    Long-Term Debt Program Overview
5


    Debt Program
    (Dollars in Millions)                                                    %
    Month/Yr Proposed Bond Issuance                               Total    Change

    Remaining Authorized & Unissued (SFGH, Clean & Safe)             500
    Jun 2010 Earthquake Safety & Emergency Response                  412   - 37%
    Nov 2014 Park System Renovation & Improvement                    150
    Nov 2015 Earthquake Safety & Emergency Response (Phase II)       475   + 126%
                                               G.O. Bond Subtotal 1,537    + 2%
    Remaining Authorized & Unissued
     (BLIP, Gas Tax, Moscone, Data Center, SFGH Generator)           108
    FY 2012 Veterans Building Seismic Improvement                    130
    FY 2013 Replacement of Jails #1 and #2 at the HOJ                482   + 10%
                                                 GF Debt Subtotal    720   - 36%
    Debt Program Total                                            $2,257   - 14%
    Updated General Fund Debt Program
6

                                                                   Commence Jail FY2013, Defer CRO beyond FY2020
                                                                                   FY 2008-2028
                                                         4.0%

                                                                DS on Proposed Debt   DS on Moscone Debt    DS on Existing Debt
                                                         3.5%
                                                                                                 3.25% of GF Discretionary Reveues
    % of Discretionary GF $s Dedicated to Debt Service




                                                         3.0%



                                                         2.5%



                                                         2.0%



                                                         1.5%



                                                         1.0%



                                                         0.5%



                                                         0.0%
    Updated General Obligation Bond Program
7

                                  November 2015 ESER Includes FSC

    0.12%



    0.10%



    0.08%



    0.06%



    0.04%



    0.02%



    0.00%
            2006   2007   2008   2009   2010   2011   2012   2013   2014   2015   2016     2017   2018   2019
              Rate on Existing & Outstanding   SFGH     RPD/Port    ESER     Parks       AWSS/ESER 2
    General Obligation Bond Program
    Assuming ESER 2 with FSC in Nov 2013
8


                                  Move ESER 2 w/ FSC to November 2013

    0.12%



    0.10%



    0.08%



    0.06%



    0.04%



    0.02%



    0.00%
            2006   2007   2008    2009    2010      2011   2012    2013      2014   2015    2016   2017   2018   2019
                   Rate on Existing & Outstanding     SFGH        RPD/Port      ESER       Parks   AWSS/ESER 2
    CPC Meeting Schedule
9


     All CPC Meetings in City Hall, Room 305, 12-2 PM

     Capital Budget Review
       Enterprise departments
         March 8 – CANCELLED
         March 22
       General Fund departments
         April 5
         April 19
         May 3
         May 17
     General Fund Debt Program
     Initiate Jails in FY 2014
10
                                                                   Commence Jail FY2014, Defer CRO beyond FY2020
                                                                                   FY 2008-2028
                                                          4.0%

                                                                 DS on Proposed Debt   DS on Moscone Debt   DS on Existing Debt
                                                          3.5%
     % of Discretionary GF $s Dedicated to Debt Service




                                                                                                   3.25% of GF Discretionary Revenues

                                                          3.0%



                                                          2.5%



                                                          2.0%



                                                          1.5%



                                                          1.0%



                                                          0.5%



                                                          0.0%
     Pay-as-you-go Program Needs vs. Funding
11

                                                   Need vs. Funding
                     300



                     250
                                     Meeting needs by FY2020
                                   requires 13.2% annual growth
                     200
                                         in GF investments
     Millions of $




                     150



                     100



                      50



                       0



                           TOTAL NEED         TOTAL FUNDING       To Meet Annual Needs by End of Plan

								
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