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Budget panel forwards annual property tax rate; pass-through rate for tenants set
Summary
The Budget & Finance Committee forwarded a resolution setting San Francisco’s secured property tax rate at about 1.17769% for FY2023–24 and establishing a pass-through rate of roughly $0.07 per $100 for residential tenants; the Budget and Legislative Analyst recommended approval and the committee voted 3–0 to forward it to the full Board.
The Budget & Finance Committee on Sept. 20 voted to forward to the full Board a resolution that sets the city and county of San Francisco’s secured property tax rate at roughly 1.1776938382% for fiscal year 2023–24 and establishes a pass-through rate of about 7¢ per $100 in assessed value for residential tenants.
Jamie Whitaker, property tax manager in the Controller’s Office,…
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