Streetsblog San Francisco

Street bonds are a wonderful. You go $300,000,000 into hock, spend that money over a few years, and spend the last 20 paying them back wistful at those good years when there were nice streets and sidewalks.

Streets and sidewalks are the simplest of capital systems. Their depreciation schedules are well known. If the City cannot afford to budget sufficient dollars to maintain these systems, they they surely cannot afford to float bonds to put this on the credit card.

How about a sustainable streets capital plan that ensures we budget enough annually to account for depreciation and keep this critical capital resource in good working order?

-marc