By Kellie Hwang, Bay Briefing : sfchronicle – via email
Gem of government efficiency
The news of President Trump’s executive order Wednesday night to eviscerate the Presidio Trust, the federal agency that runs the Presidio National Park, rang alarm bells about the fate of one of San Francisco’s most scenic and popular destinations. While the impact of the order is still unclear, it raises questions. The executive order calls for the functions of the Trust to be “eliminated to the maximum extent consistent with applicable law.”
- Will services be reduced at the park? Not at the moment, according to the Trust.
- Will the Presidio look different than usual? There have been no known cuts to the staff who maintain the park’s historic buildings and landscaping, said Ryan Heron, a representative of the union of employees at the Presidio.
- What does the Presidio Trust do? It’s required to maintain and operate Presidio National Park, including its 600 historic buildings, and to be financially self-sustaining.
- How is it financed? The Presidio is one of the most efficiently run agencies in the federal government, and is entirely self-sufficient in its operations and finances. It has not received annual contributions from Congress since 2013. The trust covers the park’s expenses mostly with rental income from businesses. Its total operating revenue for fiscal year 2025 is expected to be about $195 million, with expenses of about $139 million, netting the trust a $46 million surplus for this year, according to budget documents. The trust had a 93% commercial occupancy rate and 96% residential occupancy rate last fiscal year and ended the year with $94 million in reserves.
- Is the executive order legal? Sen. Alex Padilla, Speaker Emerita Nancy Pelosi and a spokesperson for the trust have all said that they are looking into the legality of the order.
The head of San Francisco’s Republican Party downplayed the impact of the move. “Trump‘s executive order does not abolish the Presidio Trust, which is a self-sustaining entity created by statute,” San Francisco Republican Party Chair Bill Jackson said in a statement. “Let’s give the Trust a few weeks to figure out the impact of the order, if any. This gem of a San Francisco institution is not going anywhere.”
The Presidio Trust is “one of the most efficiently run organizations in the federal government,” said Craig Middleton, the trust’s first employee and former executive director. “If you’re trying to save money, this is not the place to look.”
Read our full story on how the Presidio Trust is managed and financed, plus what legal experts say of Trump’s order — and what may happen next.
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