Commentary: Time for San Francisco to Pull Plug on Electric Infrastructure Takeover
This commentary by Bay Area Council CEO Jim Wunderman appeared today in the San Francisco Examiner.
San Francisco Mayor London Breed and the Board of Supervisors recently passed a budget that rightly focuses on The City’s top priorities, including addressing a decades-long homelessness and housing crisis, responding to dire concerns about crime and public safety, ending an insidious and deadly drug and fentanyl epidemic, and charting a new course for a downtown and economy left reeling from the pandemic.
Even under the best of circumstances, fixing these serious problems is going to take years. And with a $780 million budget deficit, it’s going to require unwavering focus, discipline and fiscal restraint.
So, it was troubling, to say the least, and more than a bit confusing to see the San Francisco Planning Department quietly issue a notice recently informing residents, taxpayers and businesses that The City is continuing to move forward on a highly risky multibillion-dollar scheme to purchase the infrastructure that delivers electricity to San Francisco and parts of San Mateo County.