
The Facts
Proposition H would boost San Francisco’s economic output by up to $400 million a year, on average over the next 15 years, compared with deep Muni service cuts, according to Chief Economist Ted Egan’s analysis. That estimate accounts for the cost of the tax, not just the benefits of preserving transit.
The measure would raise $184 million annually for Muni. Commercial properties would provide about 75% of that revenue. Most single-family homes and condominiums would pay $129 per year.
The Context
Without new revenue, Muni faces a $307 million deficit that could grow to $434 million within five years. The modeled cuts would eliminate routes, increase traffic, and add more than 15,000 hours of weekday travel delays; residential property values would fall three to five times more than under the tax, reports Garrett Leahy at The Standard.
The City's Chief Economist reviews legislation and ballot measures and estimates how they would affect jobs, businesses, development, tax revenue, and the broader city economy. His analysis informs policymakers and voters; he does not approve or veto proposals.
The GrowSF Take
The numbers make the choice easy. A $129 annual tax is not free, but broken transit would cost residents and businesses much more. Reliable Muni expands access to jobs and keeps San Francisco moving.
GrowSF recommends Yes on Proposition H. Vote yes this November.
Sign up for the GrowSF Report
Our weekly roundup of news & Insights