UPDATE - March 23, 2011
Please take a moment to review an article entitled, SF street repairs prompt push for November bond, published in the San Francisco Chronicle on March 23, 2011. The essay provides a few details on plans by elected leaders at City Hall to address the precarious condition of a vast majority of streets in San Francisco. To wit:
...Mayor Ed Lee and others are calling for a $150 million bond measure for repaving on the November ballot, along with another form of dedicated funding, like a parcel tax or increase in vehicle license fees.Note that additional funding options, as detailed in our previous blog posts, below, may consist of a parcel tax levied on commercial property owners at $0.174 per square foot based on the percentage of daily trips generated by the property.
Also, the Proposed 2012-2021 Capital Plan - including infrastructure and streets - is complete. Please download individual chapters from the ONESF website or the entire Proposed 2012-2021 Capital Plan, here.
Please send any comments to Ken Cleaveland, BOMA San Francisco's Director of Government and Public Affairs at kenc@boma.com and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com.
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UPDATE - October 14, 2010
Yesterday, the San Francisco Board of Supervisor's Budget and Finance Committee approved a proposal to borrow $48 million to fund critical road repairs in the City. Please take a moment to read an article published on October 14, 2010 in the San Francisco Examiner on this topic: Street work crosses bumpy road.
In the article, the reporter notes that "[t]he City needs $751 million during the next decade to improve streets to a score of 70 or 'good' and maintain them at that level." While BOMA San Francisco understands that the City needs to fix the streets, BOMA members are very concerned about how City Hall intends to fund this venture.
The Street Resurfacing Finance Working Group's Final Report - Between a Pothole and a Hard Place: Funding Options for San Francisco's Street Resurfacing Program (click here to read the report; note: this is a large file and may take a while to load) - details a number of proposed funding options including, for commercial property owners, a parcel tax levied at $0.174 per square foot based on the percentage of daily trips generated by the property.
Your BOMA San Francisco Advocacy Team will be working with the City on this issue and we'll report any new developments on the blog. Please send your comments to Ken Cleaveland, BOMA San Francisco's Director of Government and Public Affairs at kenc@boma.com and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com.
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UPDATE - August 6, 2010
Please find a copy of the Street Resurfacing Financing Working Group's Final Report - Between a Pothole and a Hard Place: Funding Options for San Francisco's Street Resurfacing Program - by clicking here (note: this is a large file and may take a while to load).
Please take a moment to review the report and send your comments to Ken Cleaveland, BOMA San Francisco's Director of Government and Public Affairs at kenc@boma.com and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com.
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Previous Post - May 19, 2010
BOMA San Francisco Members:
The Street Resurfacing Financing Working Group was formed in January 2010 at the request of the Mayor and Board President David Chiu to prepare a specific set of proposals or recommendations to the Mayor, the Board of Supervisors, and the Capital Planning Committee for financing the repaving and/or reconstruction of the City's public streets and rights of way. As you may recall, BOMA San Francisco members have heard about the issue of street resurfacing before in May 2009, and the cost associated to 'catch up' to maintain and possibly improve the Pavement Condition Index (PCI) score--70 is considered passing; San Francisco is currently at 63.
The City has underfunded its ability properly maintain the streets for two decades, possible more. BOMA San Francisco members understand the need to maintain San Francisco's streets to promote efficient transpiration, commerce, safety and to reduce escalating costs in the future if the City does not act to maintain the streets now, but were will the money come from?
Please click here to review a DRAFT presentation on the report as of May 12, 2010. The primary recommendations listed in the presentation (among 20 possible options) to raise the necessary funds are (pp. 28-31):
- A Conditional General Tax
- Sales, payroll, utility, or a general parcel.
- A Citywide Benefit Assessment District
- Requires nonresidents to contribute to the costs via a business pass-through
- A Parcel Tax
- Based on the amount of vehicle trips their property generates
- Issue bonds (Click here to review our May 2009 blog post on the Road Repair and Safety Improvements Bond proposed by the City).
We'd like to call your attention to page 32 of the presentation on what the City would need to charge property owners to meet the Working Group's recommended average yearly budget for a PCI of 70 (over 10 years)--for commercial property owners, the Group recommended a parcel tax levied at $0.174 per square foot based on the percentage of daily trips generated by the property:
Please take a moment to review the report and send your comments to Ken Cleaveland, BOMA San Francisco's Director of Government and Public Affairs at kenc@boma.com and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with your comments.
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