A parcel tax measure to save Muni from financial collapse has begun to take shape.
Officials in San Francisco Mayor Daniel Lurie’s office are floating two possible structures for the tax, according to slides obtained by the Chronicle. Aimed for the November 2026 election, the tax measure would help patch an estimated $307 million annual budget deficit that could grow to $434 million in five years, sparing the city’s transit agency from painful service cuts.
Under the first scenario, property owners would pay a flat rate of $150 a year for homes smaller than 3,000 square feet. Owners of residential buildings larger than 3,000 square feet would pay the $150 flat rate plus 25 cents for each additional square foot, with a cap at $250,000…