SAN FRANCISCO - The San Francisco Board of Supervisors last week decided to pull a $368 million general obligation bond for street repairs from the November ballot after lawmakers decided voters are in no mood to approve more debt.

"In recent weeks, as we have started to discuss this out in the community, it is clear that this is a measure that needs a little bit more work before it could be presented to voters," said David Chiu, president of the Board of Supervisors and proponent of the street bond.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.