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Budget panel forwards slight cut to San Francisco property tax rate for 2014–15
San Francisco Board of Supervisors Budget and Finance Committee · September 3, 2014
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Summary
The Budget & Finance Committee approved an ordinance setting the city's combined property tax rate at 1.1743 per $100 of assessed value for FY 2014–15 after a BART bond factor revision lowered the rate and will reduce the typical owner-occupied bill by roughly $40.88 on a $500,000 assessed value.
The San Francisco Board of Supervisors Budget and Finance Committee on Monday approved an ordinance that will set the city and overlapping agencies' combined property tax rate for fiscal year 2014–15 at 1.1743 per $100 of assessed value.
Jamie Whitaker, the property tax manager…
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