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LWV League of Women Voters of California Education Fund
Smart Voter
San Francisco County, CA November 2, 2004 Election
Proposition I
Economic Analysis of Legislation
City of San Francisco

Simple Majority

154,022 / 51.92% Yes votes ...... 142,650 / 48.08% No votes

See Also: Index of all Measures

Information shown below: Summary | Yes/No Meaning | Official Information |

Shall the City hire economists to study proposed legislation and report on the likely impact on the local economy, and shall the City develop a long-term Economic Development Plan?

Summary:
THE WAY IT IS NOW: The Board of Supervisors hires a Budget Analyst who reports on the costs of proposed City legislation and other financial issues.

The City's Economic and Workforce Development Department studies the local economy and oversees programs to develop the local economy, attract and retain business, and revitalize neighborhood commercial districts.

THE PROPOSAL: Proposition I is an ordinance that would create an Office of Economic Analysis. This Office would analyze proposed City legislation and report on the following:

o The likely impact of the legislation on the City's ability to attract and retain businesses;

o The likely impact of the legislation on the City's ability to create and retain jobs; and

o Other matters affecting the overall economic health of the City.

Proposition I would also require the City's Economic and Workforce Development Department to prepare a long-term Economic Development Plan for the City, and update that plan at least every three years. Among other things, the Plan would identify:

o Goals for creating private and non-profit jobs and for generating City revenue;

o Industries likely to create significant numbers of jobs in the City and the skills and other qualifications needed for those jobs;

o Industries and businesses likely to contribute significant tax revenue to the City; and

o Strategies to protect existing businesses from displacement by new businesses.

The Board of Supervisors could amend Proposition I without voter approval if the amendments promote economic planning and analysis.

Proposition I would make it City policy to provide sufficient funding for this ordinance.

Meaning of Voting Yes/No
A YES vote of this measure means:
If you vote "yes," you want to create an Office of Economic Analysis and require a long-term Economic Development Plan for the City.

A NO vote of this measure means:
If you vote "no," you do not want to create an Office of Economic Analysis and require a long-term Economic Development Plan for the City.

Official Sources of Information
  Nonpartisan Information

League of Women Voters

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Created: December 15, 2004 13:36 PST
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