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Committee adopts amendment to property tax rate ordinance, forwards to full Board
Summary
The committee approved an amendment to the annual property tax rate ordinance to reflect the BART GO bond tax rate factor, setting the composite rate at about 1.1792% and establishing the tenant pass-through rate for FY2016–17; committee recommended the ordinance to the full Board with a positive recommendation.
The Budget & Finance Committee on Sept. 7 considered the annual property tax rate ordinance for fiscal year 2016–17, which levies property taxes to fund the city, the San Francisco Unified School District, community college district and special districts including BART and the Bay Area Air Quality Management District, and…
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