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Board approves renewed, expanded Tourism Improvement District; assessment to include short‑term rentals
Summary
After a public hearing and an amendment to correct statutory citation, the Board of Supervisors approved a renewed and expanded Tourism Improvement District that raises the downtown hotel assessment and expands assessed businesses to include short‑term rental hosts. Ballot tabulation showed no majority protest.
The San Francisco Board of Supervisors voted on Sept. 13 to renew and expand the city’s Tourism Improvement District (TID), approving the district’s renewal, a modest increase in the assessment rate in central hotels and the addition of short‑term rental hosts to the assessment and governance structure.
The renewal, which will begin Jan. 1, 2024 and run through Dec. 31, 2038, increases the assessment in Zone 1 (central hotels) from 1.0% to 1.25% and raises Zone 2 from 0.75% to 1.0%, according to the presentation by the Office of Economic and Workforce Development. Joe D’Alessandro of SF Travel told supervisors the increase will help build an annual fund—targeting roughly $10 million…
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