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San Francisco Meetings

Budget and Finance Committee, February 4, 2026

Votes on Hearing on Prop C reserve fund balance and childcare subsidy expansion to 200% AMI, 3-0

4h 54m42,545 words
28 mentionszoningresidentialcommercialapprovedhistoric preservationmixed usedeniedSan Francisco, CA
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How this board votes

The Board of Supervisors approved 91% of 325 recorded land-use decisions this period. Most frequent dissent: Shamann Walton (29 of 177 recorded votes).

Parsed from the official meeting recordings. Verify against the official minutes.

See the full board record, member by member

What happened

The San Francisco Budget and Finance Committee forwarded to the full board (without recommendation on a 3-0 vote) an ordinance approving a hotel development incentive agreement with Bespoke Hospitality LLC (JMA Ventures) for the Hearst Hotel adaptive-reuse project at 5-29 3rd Str…

Meeting key facts
Jurisdiction
San Francisco, CA
Governing body
Advisory (makes a recommendation)
Date
February 4, 2026
Decisions
10 zoning decisions
Outcome
Voted, 3-0

Projects in this meeting (1)

Hotel Development Incentive Agreement for Hearst Hotel

Recommended 3-0
2 conditions of approval

Free sample: decision 1 of 10

Reappropriation of $250,000 to DCYF for District 10 Safety Plan

Ordinance deappropriating $250,000 from general city responsibility and reappropriating it to the Department of Children, Youth, and their Families to fund three existing positions at Young Community Developers for violence prevention services primarily in District 10. Referred to full board with recommendation, 3-0.

The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.

Meeting Summary

The San Francisco Budget and Finance Committee forwarded to the full board (without recommendation on a 3-0 vote) an ordinance approving a hotel development incentive agreement with Bespoke Hospitality LLC (JMA Ventures) for the Hearst Hotel adaptive-reuse project at 5-29 3rd Str…

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Key Decisions (10)

Approved

Reappropriation of $250,000 to DCYF for District 10 Safety Plan

Vote: 3-0
Other

Hearing on Prop C reserve fund balance and childcare subsidy expansion to 200% AMI

Vote: 3-0
Continued

Ordinance on compact mobile food operations definitions and fees (CMFO)

Vote: 3-0
Other

Hotel Development Incentive Agreement for Hearst Hotel at 5 3rd Street

Vote: 3-0Conditions attached
Approved

SFPD tobacco enforcement grant acceptance ($1.1M)

Vote: 3-0
Approved

SFPUC/Daly City Vista Grande Lake Merced real estate agreements

Vote: 3-0
Approved

RESET Center operations contract with Connections CA LLC

Vote: 3-0Conditions attached
Amended

Sale of tax-defaulted properties at public and sealed bid auction

Vote: 3-0Conditions attached
Approved

Police code amendment on alarm fee refunds

Vote: 3-0
Approved

Board of Supervisors / Clerk of the Board budget guidelines FY2026-28

Vote: 3-0

Development Activity (2)

Hearst Hotel Development Project

Commercial

RESET Center (Rapid Enforcement Support Evaluation and Triage Center)

Other

Market Signals (6)

Commercial Demand

San Francisco's commercial rent (gross receipts) market remains soft; baby…

Commercial Demand

The Hearst Building at 3rd and Market is ~74% vacant…

Sentiment

City officials are pursuing an aggressive downtown revitalization strategy (a…

Who Spoke (45)

ChairCouncilmember · 5Staff · 12ClerkWitnessPublic · 19

On the record: the chair, 5 councilmembers, 12 staff members, the clerk, a witness, and 19 members of the public.

Meeting Intelligence Preview

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Ask who voted, what conditions passed, and what staff recommended for "Budget and Finance Committee - 2026-02-04", with every answer cited to the transcript. Included with Pro.

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