Budget and Finance Committee meeting summary
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The committee unanimously recommended funding and operating agreements for Hunters Point Shipyard parks, a conditional $8.5 million loan to the San Francisco Zoological Society, designated outreach and official newspapers for FY2026–2027, and approved an airline lease for AirZeta at San Francisco International Airport.
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What this means
The committee voted to forward several funding and contract measures for further approval: a funding agreement to operate and maintain Hunters Point Shipyard Phase One parks; a conditional loan of up to $8.5 million to support the San Francisco Zoo’s operations (to be repaid over 10 years and subject to milestones); the city’s selections of community and official newspapers for outreach and legal advertising for FY2026–2027; and a lease allowing AirZeta to conduct flights at San Francisco International Airport through mid-2033. All committee votes were unanimous and these recommendations may be considered by the full Board of Supervisors before becoming final.
Key decisions
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- Recommended approval of an agreement with the Successor Agency/Community Facilities District No. 8 for the City to receive funding to operate and maintain Hunters Point Shipyard Phase One parks and open spaces, with the Recreation and Park Department and San Francisco Arts Commission coordinating operations.
- Recommended approval of a loan agreement authorizing up to $8,500,000 to the San Francisco Zoological Society to support zoo operations and long-term financial sustainability, repayable over 10 years via deductions from the SFZS management fee and subject to conditions; the City may terminate the lease/management agreement if loan conditions are not met.
- Recommended (as amended) designation of community-based weekly and neighborhood-based monthly newspapers (including Bay Area Reporter, Wind Newspaper, Clinton Reilly Communications dba The San Francisco Examiner, El Reportero/El Tecolote) for outreach for FY2026–2027.
- Recommended designation of Clinton Reilly Communications, dba The San Francisco Examiner, as the City’s official newspaper for all official advertising for FY2026–2027.
- Recommended approval of the 2023 Lease and Use Agreement with AirZeta Co., Ltd. to conduct flight operations at San Francisco International Airport through June 30, 2033, and affirmed the Planning Department’s CEQA determination.
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Meeting information
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Budget and Finance Committee (5/13/2026 10:00 AM)
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