Opinion: Jon Coupal: Will Proposition 13 save San Francisco?
Oh, the irony. San Francisco is perhaps the most progressive city in the United States, although Portland and Seattle might put up an argument. So how is it that the one thing that might save the City by the Bay from the fiscal abyss is Proposition 13, the iconic tax-cutting initiative backed by conservative Howard Jarvis and approved by voters in 1978?
A major structural problem is San Francisco’s diminishing population. As people leave the city, they take their tax dollars with them. The steepest decline occurred between 2019 and 2021 when the city lost 6.3 percent of its population, a rate of decline unprecedented for any major U.S. city. The only silver lining is that the rate of decline slowed to “only” half a percent from July 2021 to July 2022.
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