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Budget and Finance Committee forwards $390 million bond measures for health, shelter and safety projects to full Board
Summary
The Budget and Finance Committee voted 3-0 to send two bond measures and a related ordinance calling a Nov. 5 special election to the full Board of Supervisors; the measures would allow up to $390 million in bonded indebtedness for medical, mental health and emergency shelter facilities and permit landlords to pass through 50% of any property tax increase to tenants.
The San Francisco Budget and Finance Committee voted unanimously on July 16 to forward legislation authorizing up to $390,000,000 in bonded indebtedness for health care, mental health, emergency shelter and related street-safety improvements to the full Board of Supervisors for placement on a special election ballot.
Supervisor Connie Chan, chair of the Budget and Finance Committee, opened the special meeting and said the items had been continued from a July 10 session to reflect amendments tied to a possible change to 'ACA 10' that appears on the November ballot. "This item was continued from July 10 meeting due to the amendments that reflect,…
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