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League of Women Voters of California
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Proposition K Sales Tax for Transportation City of San Francisco City Ordinance - Two-thirds vote 142,042 / 74.79% Yes votes ...... 47,879 / 25.21% No votes
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Index of all Measures |
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Information shown below: Summary | Yes/No Meaning | | |||||
Shall the City implement a 30-year New Transportation Expenditure Plan directing transportation sales tax funds to improved maintenance of local streets, transportation for the elderly and disabled, the Central Subway, a citywide network of fast and reliable buses, the Caltrain Extension to a new Transbay Terminal, improvements to pedestrian and bicycle safety and other projects and continue the existing half-cent sales tax during implementation of the New Transportation Expenditure Plan and future Plan updates?
The City charges a one-half cent sales tax to help pay for the transportation projects described in a spending plan approved by the voters in 1989. This tax will expire on April 1, 2010. The San Francisco Transportation Authority directs use of the sales tax money. It can spend up to $160 million ($160,000,000) per year for the approved transportation projects, and can issue up to $742 million ($742,000,000) in bonds. The Proposal: Proposition K is an ordinance that would continue the one-half cent sales tax, and replace the current transportation spending plan with a new, 30-year plan. Under the new plan, the money would be used for:
The Transportation Authority would continue to direct use of the sales tax. It could spend up to $485.175 million ($485,175,000) per year and issue up to $1.88 billion ($1,880,000,000) in bonds, to be repaid from the one-half cent sales tax.
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