Board Unanimously Adopts Two-Year Budget Restoring $28M in Services

San Francisco's Board of Supervisors unanimously approved the city's two-year budget on July 28 — the first unanimous budget vote in six years — restoring more than $28 million in cuts to vital services while building $1.3 billion in reserves against anticipated federal funding losses. In a wide-ranging session, supervisors also sent a transfer tax loophole measure to the November ballot, introduced sweeping renter-protection legislation, and honored Afghan American community leaders during a lengthy commendations session.

• First unanimous budget in six years restores $28M in cuts to senior services, immigration defense, Free City College, and HIV prevention while shielding $1.3B in reserves against Trump administration cuts
• Transfer tax loophole measure heads to November ballot, estimated to generate $100–$150M annually by closing a foreclosure exemption exploited by commercial real estate investors
• Supervisor Sauter introduces renter-protection package targeting elevator neglect, uncapped banked rent increases, and rental scams
• 175-unit affordable senior housing approved in Chinatown at 758 Pacific Avenue with $13.7M loan and rent forgiveness for New Asia Restaurant
• Fireworks penalty ordinance passes 9-2, with Supervisors Walton and Fielder dissenting over tiered fines and possible imprisonment
• Public commenters demand Board fill nine vacancies on the Sunshine Ordinance Task Force, warning the city's transparency watchdog has effectively ceased to function

The Board voted unanimously to adopt San Francisco's FY2026–2028 two-year budget, a package that restores more than $28 million in proposed cuts, invests in frontline services, and stockpiles reserves in anticipation of federal funding disruptions.