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Housing Authority asks Board to waive $12.06 million in PILOT payments; committee forwards request
Summary
The San Francisco Housing Authority requested a waiver of payment-in-lieu-of-taxes covering fiscal years 1990-91 through 2012-13 totaling about $12.06 million; the Budget and Finance Committee forwarded the request to the full Board as a policy matter after the budget analyst framed it as requiring Board decision.
Barbara Smith, acting executive director of the San Francisco Housing Authority, asked the Budget and Finance Committee on Nov. 20 to waive PILOT (payment in lieu of taxes) payments owed from fiscal year 1990–91 through 2012–13, totaling $12,058,935.
Smith told the committee the PILOT arrangement was established in 1965 under an agreement between the Housing Authority and the city and…
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