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Taxi medallion owners urge city action during public comment; cite financial distress after ride-hail expansion
Summary
Multiple taxi medallion owners used the board's public-comment period to press the city and SFMTA for financial relief or repayment, saying medallion values collapsed after the entry of ride-hailing services and that they face severe financial and health consequences.
During public comment on Sept. 24, dozens of taxi medallion owners and drivers addressed the Board of Supervisors, describing prolonged financial hardship tied to the city's taxi-medallion program and the growth of ride-hailing services.
Speakers said many medallion buyers paid large sums (multiple commenters referenced ~$250,000) and that medallion revenues have collapsed.…
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