San Francisco City Charter

San Francisco City Charter: Water, Clean Water, and Power Revenue Bonds

In June 2018, San Francisco’s Proposition A amended the City Charter to make clear that no matter where a project was located, so long as a project furthered the purposes of the utility, the San Francisco Public Utilities Commission would be able to finance the project. As amended, in relevant part, the Charter now specifies:

“the Public Utilities Commission is hereby authorized to issue revenue bonds … for the purpose of reconstructing, replacing, expanding, repairing, or improving water facilities, clean water facilities, power facilities, or combinations of water, clean water, and power facilities … for any [] lawful purpose of the water, clean water, or power utilities of the City… .”