Each year, the SFPUC Financial Services staff seeks Commission adoption of the Charter-mandated Financial Plan for the 10-year planning horizon. This rolling 10-year plan is required by Charter Section 8B.123 and is revised annually as a part of the budget process. It serves as a multi-year financial planning tool.
The documents listed below reflect the final 10-year plan, for the years indicated, as revised to reflect the final budget for each enterprise and includes a financial plan for each enterprise, consisting of 10-year projections for fund balances, sources, uses, revenue requirements and key financial reserve and debt coverage ratios. The purpose of the plan is to estimate revenue and expenditure data in the form of annual revenue requirements, which are indications of future average rate changes. The financial ratios are indications the enterprise is projected to have sufficient resources to achieve adequate resources, coverage for debt service, fund balance and reserve requirements for both operating and capital needs over the period. The 10-year financial plan is also used to meet the City’s 5-year financial plan requirement.