Here's a fun riddle for San Francisco taxpayers: What do you do when a city institution is hemorrhaging money? If you answered "throw more money at it," congratulations — you think like a Board of Supervisors member.

The San Francisco Zoo is set to receive up to $8.5 million in bailout loan funds from the city after officials determined that the costs of actually shutting the place down would run into the tens of millions. Let that sink in. We're not funding the zoo because it's thriving, or because it's a model of fiscal stewardship, or because it's delivering outstanding value to residents. We're funding it because the exit costs are even worse than the tab for keeping the lights on.

This is the kind of logic that keeps failing institutions alive in perpetuity in San Francisco. The zoo has been struggling financially for years, and rather than demanding a serious operational overhaul — renegotiating contracts, cutting overhead, finding private partners, or exploring a real long-term sustainability plan — the city's answer is a bailout loan. A loan that, let's be honest, there's no guarantee the zoo can actually repay.

To be fair, nobody wants the zoo to close. It's a beloved institution, especially for families. And if the analysis is correct that closure would cost tens of millions in contractual obligations, animal relocations, and site remediation, then keeping it open might genuinely be the lesser of two expensive evils. But a bailout without conditions is just a blank check with a nicer name.

What taxpayers deserve is transparency: a clear repayment timeline, enforceable benchmarks for financial performance, and a credible plan to make the zoo self-sustaining — or at least closer to it. Otherwise, this $8.5 million is just the first installment in what becomes a recurring line item on the city budget.

San Francisco has a habit of treating stopgap measures as permanent solutions. The zoo bailout shouldn't become another example. Fix the fundamentals, or we'll be back here in three years writing the same story with a bigger number.