San Francisco County Transportation Authority
Moving the City

The San Francisco County Transportation Authority has a set of policies in place which provide a framework for its strategic and day-to-day activities. Summary descriptions of these policies, along with links to the Board-approved documents, are below.

Administrative Code: Various Ordinances, Resolutions

The purpose of the Administrative Code is to provide the general framework for Authority activities. Please click here to see the full text of the approved Administrative Code.

Investment Policy: Approved July 25, 2006 through Board Resolution 07-13

The purpose of the Investment Policy is to to organize and formalize investment-related activities, and to set out policies and procedures that enhance opportunities for prudent and systematic investment of Authority assets. Authority investment policies and practices are, in every case, subject to and limited by applicable provisions of federal and state law and to prudent money management principles. All funds will be invested in accordance with the Authority's Investment Policy, and applicable provisions of Chapter 4 of Part 1 of Division 2 of Title 5 of the California Government Code (Sections 53600 et seq.). The investment of bond proceeds will be further restricted by the provisions of relevant bond documents This policy covers all funds and investment activities under the jurisdiction of the Authority. Please click here to see the full text of the approved Investment Policy.

Fiscal Policy: Approved September 20, 2005 through Board Resolution 06-17

The Fiscal Policy is designed to guide decisions pertaining to internal fiscal management, including day-to-day operations, annual budget development and sales tax revenue allocation requirements of the Authority. It is consistent with the Authority's Administrative Code, the current Proposition K Sales Tax Expenditure Plan, federal and state regulations, and general prudent accounting and financial management practices. Please click here to see the full text of the approved Fiscal Policy.

Debt Policy: Approved July 25, 2006 through Board Resolution 07-14

The purpose of the Debt Policy is to organize and formalize debt issuance-related policies and procedures for the Authority and to establish a systematic debt policy. The debt policies and practices of the Authority are, in every case, subject to and limited by applicable provisions of state and federal law and to prudent debt management principles. Please click here to see the full text of the approved Debt Policy.