Annual GO Bond Program Report Fiscal Year 2015-16 Peg Stevenson, - - PowerPoint PPT Presentation

City and County of San Francisco

Annual GO Bond Program Report

Fiscal Year 2015-16

Peg Stevenson, Claire Phillips, David Weinzimmer Controller’s Office October 17, 2016

City and County of San Francisco

Controller’s Office

Methodology

• City Services Auditor (CSA) asked

bond program lead departments for scope, schedule, budget, and change order data as of March 31, 2016

• CSA interviewed bond program

managers

• Report summarizes information

from data and interviews, and compares with performance from

• ne year ago

City and County of San Francisco

Controller’s Office

2008 Clean and Safe Neighborhood Parks

$185 million, 3 components (RPD & Port)

• 92.3% of project budget

expended

• Overall bond program

delayed by about 3 years; individual components delayed 3 to 5 years due to – Delays in regulatory approvals – Extended public

• utreach

– Difficulty coordinating work with site staff

$0 $20 $40 $60 $80 $100 $120 $140 Citywide Programs Neighborhood Parks Waterfront Parks Millions

2008 CSNP - Budget & Expenditures

Original Budget Expended

City and County of San Francisco

Controller’s Office

2012 Clean and Safe Neighborhood Parks

$195 million, 4 components (RPD & Port)

• 17% of project budget

expended

• Bond program delayed three

months (2/2019 completion

• f Neighborhood Parks),

though most projects are not yet in construction

• Crane Cove Park has

absorbed budget of two cancelled Waterfront Parks projects

$0 $20 $40 $60 $80 $100 $120 Millions

2012 CSNP - Budget & Expenditures

Original Budget Expended

City and County of San Francisco

Controller’s Office

2008 SFGH Rebuild

$887.4 million, 1 component (Public Works)

• 95% of project budget

expended

• Main hospital completed

August 2015 (3 months delayed)

• Remaining budget is funding

four follow-on projects and project closeout items

• Pre-bond funding for

detailed scoping helped in delivering project under budget with only modest delays

$0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 SFGH Rebuild Millions

2008 SFGH - Budget & Expenditures

Original Budget Expended

City and County of San Francisco

Controller’s Office

2010 Earthquake Safety and Emergency Response

$412 million, 3 components (Public Works & SFPUC)

• 80% of project budget

expended

• Bond program and all

components delayed by just

• ver one year
• Budget increases in

Neighborhood Fire Stations addressed by absorbing extra budget from Public Safety Building and moving

• ne project to 2014 ESER

program

$- $50 $100 $150 $200 $250 $300 Public Safety Building (PSB) Neighborhood Fire Stations (NFS) Auxiliary Water Supply System (AWSS) Millions

2010 ESER - Budget & Expenditures

Original Budget Expended

City and County of San Francisco

Controller’s Office

2014 Earthquake Safety and Emergency Response

$400 million, 5 components (Public Works & SFPUC)

• 10% of project budget

expended

• Extension of 2010 ESER

(adds Police Facilities, Traffic Company/Forensic Services Division, Office of Chief Medical Examiner)

• Bond program scheduled

to be completed on time (12/2020); Office of Chief Medical Examiner delayed 7 months

$- $20 $40 $60 $80 $100 $120 $140 $160 $180 NFS EFWS Police Facilities TC&FSD Medical Examiner Millions

2014 ESER - Budget & Expenditures

Original Budget Expended

City and County of San Francisco

Controller’s Office

2011 Road Repaving and Street Safety

$248 million, 5 components (Public Works & SFMTA)

• 66% of project budget

expended

• Bond program delayed by

about one year; individual components delayed one to three years

• Major source of delays is

interdepartmental coordination on repaving and extended public

• utreach process

$- $20 $40 $60 $80 $100 $120 $140 $160 Millions

2011 RRSS - Budget & Expenditures

Original Budget Expended

City and County of San Francisco

Controller’s Office

2014 Transportation and Road Improvement

$500 million, 8 components (SFMTA)

• 0.5% of project budget

expended

• Bond program currently

projected to be completed in December 2022

• Bond program funds wide

variety of transportation improvements; allocates largest portion of funds to Muni Forward transit improvements

$0 $40 $80 $120 $160 $200 Millions

2014 Transportation - Budget

City and County of San Francisco

Controller’s Office

Lessons Learned Across Bond Programs

• Pre-bond planning and scoping for SFGH helped keep the

bond program on budget and close to schedule

• Surveys/studies of capital needs aided project prioritization

for ESER and Transportation

• For large projects, performance incentives should apply to

both design and construction teams

• If projects aren’t shovel-ready when funds are available,

delays result; most common reasons: – need for regulatory clearance, – increased public outreach, or – interdepartmental coordination

• Data tracking and reporting varies across departments

City and County of San Francisco

Controller’s Office

Questions?