Measure A - City and County of San Francisco

To increase Muni’s reliability, safety and frequency, reduce delays, improve disabled access and equity, increase subway capacity and improve pedestrian, bicycle, and traffic safety by repairing, constructing and improving deteriorating Muni bus yards, facilities, transportation infrastructure and equipment, and constructing and redesigning streets and sidewalks, and to pay related costs; shall the City and County of San Francisco issue $400,000,000 in general obligation bonds, with a duration of up to 30 years from the time of issuance, an estimated average tax rate of $0.010/$100 of assessed property value, and projected average annual revenues of approximately $30,000,000, subject to citizen oversight and independent audits? The City’s current debt management policy is to keep the property tax rate for City general obligation bonds at or below the 2006 rate by issuing new bonds as older ones are retired and/or the tax base grows, though this property tax rate may vary based on other factors.