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San Franciscans Passed Proposition C by nearly 20 points on Tuesday, but now the city's chief accounting officer says that it can not be taken into account in anticipation of an incoming lawsuit.
Proposition C levels an average 0.5 percent gross receipts tax on San Francisco businesses that pull in more than $ 50 million annually. City Hall economist Ted Egan predicts it could generate up to $ 300 million annually, which offers earmarks for homeless-relief programs.
But on Wednesday, Ben Rosenfield City Controller feels a letter to Mayor London Breed and the Board of Supervisors San Francisco Chroniclewarning of stormy seas for Proposal C now it's passed:
The city is currently in the process of having a vote on the ballot. Should proposal C receive less than a two-thirds vote, it would be likely to become part of legal proceedings involving similar issues. […]
Should proposal C fall short of approval by two-thirds of voters […] my office would not be able to certify these funds given current legal uncertainties associated with the measure.
The legal haze stems from California's constitution, which includes certain types of taxes and designations, some of which require a simple majority.
Rosenfield's letter refers to a June ballot measure (also known as Proposition C)
That law passed with barely more than 50 percent. In August, several local business entities sued the city, claiming that it should have needed to make the two-thirds threshold.
Although no legal action has happened yet transparent statement on Wednesday predicting that City Hall will not "see a penny" of the projected funds and quoting the two-thirds rule.
Salesforce CEO Marc Benioff, who spoke on behalf of the public at a conference in the United States. .
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