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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, the potential change, of ACA 10 that is coming this November," Chan said, noting that if voters lower the approval threshold under ACA 10 the bond results could be affected.
Clerk Brent Halipa summarized the measures before the committee. Halipa said the ordinance would call a special election on Tuesday, Nov. 5, 2024, to submit a proposition to voters to incur bonded indebtedness not to exceed $390,000,000 to finance acquisition or improvement of specified real property, including primary health care and emergency medical facilities, skilled nursing services, mental health and substance use disorder services, and emergency shelter facilities. He said the measures also provide for levy and collection of taxes to pay principal and interest and incorporate review of bond expenditures by the Citizens General Obligation Bond Oversight Committee. Halipa also stated that the related administrative code amendment would authorize landlords to pass through 50% of any resulting property tax increase, if any, to residential tenants.
Chair Chan moved to forward items 1 and 2 to the full Board with a positive recommendation as committee reports. The clerk restated the motion and conducted a roll call. The committee recorded three ayes—Vice Chair Rafael Mendelmann, Member Melgar, and Chair Connie Chan—and the motion passed. A clerk memo on file noted the items may be referred to the full Board later that afternoon as committee reports.
No members of the public spoke during the public-comment period on these items.
Next steps: The measures were forwarded to the full Board of Supervisors for consideration; the committee record indicates the items were expected to be filed as committee reports for possible placement on the Nov. 5, 2024 special election ballot.
(Details recorded in the committee's public file include the clerk's procedural instructions for submitting public comment by email to BRENT.JALIPa@SFGOV.org or by mail to City Hall, Room 244.)
