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San Francisco Property Tax Rate Rises to 10.23
City Controller Nathan B. Cooper told the Board of Supervisors Finance Committee that the 1968-69 tax rate would rise by 1.43 to 10.23 per $100 of assessed valuation to fund a record city budget of 503,746,011. The rate combines city, schools, air pollution control, and Bay Area Rapid Transit district levies, reflecting sharp assessment increases under new state law. Homeowners with a 25,001 dollar value face about 440 dollars in taxes, with figures tied to previously high rates and a 1968-69 budget target.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
Sanjrate
Francisco
Nathan B. Cooper
Board of Supervisors
Cooper
Bay Area Rapids
Tolt