Seawall Program Schedule & Budget
Full infrastructure improvements are estimated to cost up to $5 billion. A proposed $425 million General Obligation bond for the Program will be considered for the November 2018 ballot. The bond measure would require two-thirds voter approval and will not raise tax rates. Immediate seismic and ﬂood protection upgrades are targeted for completion by 2026. The Program is currently in the early stages of planning, following an extensive Vulnerability Study.
Seawall Program Estimated Program Funding
Funding the Seawall Program will require local, state, federal, and private partnerships. Full infrastructure improvements are estimated to cost up to $5 billion. The Port of San Francisco has a funding strategy for Phase I ($500 million) to address immediate life safety improvements.