In February 2022, I was elected as your assessor-recorder and I am honored to represent and serve you. My office plays an important role in our city, typically generating over $3.6 billion in property tax revenue and providing over 33% of San Francisco's General Fund budget.
These dollars represent the largest, most stable source of funding that enables our civic leaders to invest in our communities, schools, parks, and first responders, among other programs and partners that ensure San Francisco thrives.
While out in community, I have heard from you on two major items of public interest: Proposition 19 and our newly piloted Estate Planning program.Proposition 19Since the statewide ballot measure was narrowly approved in November 2020, Proposition 19 has been one of the more complex laws mentioned by San Franciscan homeowners that needs clarification.
Prop 19 has two parts — intergenerational property transfers and preservation of your base year value of your home if you decide to move.