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San Francisco Meetings

Budget and Finance Committee, February 4, 2026

Recommends approval: Board of Supervisors / Clerk of the Board budget guidelines FY2026-28, 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 90% of 461 recorded land-use decisions this period. Most frequent dissent: Shamann Walton (31 of 216 recorded votes).

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

See the full board record, member by member

What happened

On February 4, 2026, the Budget and Finance Committee recommended approval of Board of Supervisors / Clerk of the Board budget guidelines FY2026-28 (3-0).

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
Recommends approval, 3-0
Next step
Final board vote (pending)

Projects in this meeting (1)

Hotel Development Incentive Agreement for Hearst Hotel

Recommended 3-0
2 conditions of approval
Open this project

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. Available full write-ups and conditions are included with Pro.

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Key Decisions (10)

Approved

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

Vote: 3-0Moved by Connie Chan
Other

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

Vote: 3-0Moved by Connie Chan
Continued

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

Vote: 3-0Moved by Connie Chan
Other

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

Vote: 3-02 conditions attachedMoved by Matt Dorsey
Approved

SFPD tobacco enforcement grant acceptance ($1.1M)

Vote: 3-0Moved by Connie Chan
Approved

SFPUC/Daly City Vista Grande Lake Merced real estate agreements

Vote: 3-0Moved by Connie Chan
Approved

RESET Center operations contract with Connections CA LLC

Vote: 3-02 conditions attachedMoved by Matt Dorsey
Amended

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

Vote: 3-01 conditions attachedMoved by Connie Chan
Approved

Police code amendment on alarm fee refunds

Vote: 3-0Moved by Connie Chan
Approved

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

Vote: 3-0Moved by Connie Chan

8 recorded roll calls, member by member, in Pro.

Full write-ups and conditions for all 10 decisions in Pro.

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…

3 additional market signals with full detail in Pro.

Who spoke

45 distinct speakers; 20 identified names.

All speaker roles: 1 Chair, 3 Clerk, 21 Public, 14 Staff, 5 Councilmember, 1 Witness.

Identified name roles: 1 Chair, 1 Clerk, 12 Staff, 5 Councilmember, 1 Witness.

Speaker sample: Nick Menard, Staff.

19 more identified names in Pro: 1 Chair, 1 Clerk, 5 Councilmember, 11 Staff, 1 Witness.

Full speaker roster in Pro

Meeting audio

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Zoning terms (7)

28 recorded timestamps

  • zoning (1 timestamps)
  • residential (3 timestamps)
  • commercial (12 timestamps)
  • approved (8 timestamps)
  • historic preservation (2 timestamps)
  • mixed use (1 timestamps)

Decision moments (10)

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Go deeper on this meeting

10 recorded decisions, 5 conditions across 3 decisions. Available full write-ups are included with Pro for San Francisco.

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