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Committee sets composite property tax rate for 2021–22 and forwards to full Board

San Francisco Board of Supervisors Budget & Finance Committee · September 22, 2021
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Budget & Finance Committee recommended approval of the annual property tax-rate resolution, setting a composite rate of approximately 1.18248499% for fiscal year 2021–22 and explaining that the small decline from the prior year reflects assessed-value growth and debt-service changes.

Property Tax Manager Jamie Whitaker presented the annual property‑tax rate‑setting resolution to the Budget & Finance Committee on Sept. 22, asking the committee to set a composite tax rate of approximately 1.18248499% for fiscal year 2021–22. Whitaker said the rate applies…

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