Windfall for Park, Street and Transit Improvements

At 17th Street and Folsom.

At 17th Street and Folsom.

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The San Francisco Chronicle reports that the city will have $110 million for new improvements.

San Francisco’s construction boom is pumping millions of dollars of development fees into the city, providing much-needed cash for street, transit, open-space and other improvements in the areas affected most by the growth.

A spending plan presented to the city Planning Commission on Thursday estimated that nearly $110 million in development impact fees will be paid to the city over the next five years. That’s nearly $50 million more than the $63 million last year’s report anticipated.

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Filed under: Mobile, Today's Mission

5 Comments

  1. John

    Yes, this is great news, and a total vindication of pro-growth, pro-jobs, pro-development policies that carried Ed Lee to an emphatic election victory, and his predecessors of course.

    The best way to boost government services is to grow the economy.

  2. Kaliman

    The mayor can be popular but there are still major concerns with the high cost of living and tech concerns.

    From the poll summary:

    High cost of living

    Yet a whopping 86 percent of respondents said the city’s cost of living is a problem for themselves or their families. People expressed the most concern about the cost of rent, homeownership, taxes and fees, and parking. Sixty-three percent said the city “has gotten much more expensive as a place to live recently.”

    Seventy percent said the local government should be doing more to address affordability concerns, yet only about a third trust their leaders to do that. They also say tech companies should be doing more to benefit the city as a whole, with the top preferences including donating to schools and encouraging employees to volunteer.

    • John

      It’s obvious that people who live in an expensive place will complain that it is expensive. Everyone would like stuff to be cheaper.

      But that doesn’t mean that it is reasonable or realistic to expect a government to do anything about that. The voters might want a free lunch but they know they cannot have one.

      When a mayor has the approval of almost three quarters of the community, that’s as close to unanimous as it’s possible to get.

      Lee was elected on a pro-jobs, pro-growth platform, and he is delivering.

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