Mayor Mark Farrell today announced significant investments to expand Muni’s light-rail fleet, strengthen the Embarcadero Seawall and renovate San Francisco’s public libraries.

“While it is important that we address the pressing issues of the present, we must plan responsibly for the future,” said Mayor Farrell. “This budget will ensure that the next generation of San Franciscans has a robust public transit system, infrastructure that is seismically-stable and a library system that fully supports their needs.”

"The May 1 Budget represents San Francisco's continued planning for a modern and resilient city," said Supervisor Malia Cohen. "With these significant capital investments in modern transit, our library system, and affordable clean energy grids, we are investing in our future,  keeping city services updated, reliable and accessible for all San Franciscans."

The May 1 budget is released every two years and supports the work of 12 City departments, including the City’s four enterprise departments—San Francisco Municipal Transportation Agency, the Port of San Francisco, the San Francisco Public Utilities Commission and the San Francisco International Airport.

Incorporated in the May 1 Budget are many projects over the next two years that are funded outside of the budget process, through supplemental appropriations and the Municipal Transportation Agency’s (SFMTA) capital budget. The May 1 proposal is the first step toward creating a balanced budget, and will be followed by the full budget on June 1, which will include spending plans supported by the General Fund.

Mayor Farrell’s May 1 budget includes $8.2 billion in revenues and expenditures over the next two years. It will enable more than $3.2 billion in capital investments, including $135 million in combined operating and capital investments to purchase 40 new light-rail cars for Muni and $95 million for bike, pedestrian and traffic calming measures.

The budget also includes $20 million to fully fund the renovation of the Mission branch public library, $11 million for new a ferry landing in Mission Bay and $6.35 million for seismic improvements for the Embarcadero Seawall, in anticipation of the $425 million bond measure to strengthen the waterfront that is slated to go before voters in November.

“San Francisco’s waterfront is a backbone for the regional transportation system, an iconic destination, and world renowned for its beautiful public open space, restaurants, family museums, attractions and more,” said Port of San Francisco Executive Director Elaine Forbes. “I want to thank our City leadership for prioritizing the funding for the Embarcadero Seawall and the Mission Bay Ferry Landing, infrastructure that will ensure a vibrant and safe waterfront for our future generations.”

In addition to the public transit and infrastructure improvements, the Mayor’s May 1 budget includes funding plans to support the renovation and expansion of terminals at the San Francisco International Airport and investments to help with the citywide rollout of CleanPowerSF, a clean energy program overseen by the San Francisco Public Utilities Commission.

“CleanPowerSF is already bringing cleaner and more renewable energy to more than 80,000 San Francisco residents and businesses,” said SFPUC General Manager Harlan Kelly. “This significant investment will help the SFPUC expand CleanPowerSF citywide and further reduce our City’s carbon footprint, which is key to slowing the impacts of climate change. As a City, we are committed to making cleaner, greener energy available to all of San Francisco.”

Mayor Farrell will continue to work with the Board of Supervisors, community organizations, residents and businesses to help develop the June 1 budget.