Tag: proposition B

10/17/08

SF: Prob B – Establishing Affordable Housing Fund

Shall the City establish an Affordable Housing Fund; set aside from the property tax 2 ½ cents for every $100 of assessed value for this Fund through 2024; and use this Fund, subject to public review, to acquire and develop new affordable housing units meeting certain priorities and income limitations?

Proposition B sounds like someone watched Office Space once too many times. In the movie, three disgruntled office workers concoct a plan to transfer half a cent from the company’s internal bank transactions to a private bank account. They ended up with a huge sum of money. Worried about getting caught, they try to return the money to the company only to find the place burned to the ground. The money was assumed to have burned in the fire; but, another employee had found the packet and flew to a tropical island for some R&R.
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05/15/08

SF: Prop B – Changing Qualifications for Retiree Health and Pension Benefits and Establishing a Retiree Health Care Trust Fund

Shall the City increase the years of service required for new City employees and certain employees of the School District, the Superior Court and the Community College District to qualify for employer-funded retiree health benefits, establish a separate Retiree Health Care Trust Fund to fund retiree health care costs, and increase retirement benefits and retirement cost-of-living adjustments for certain City employees?

I am confused as to why this measure needs to be voted on in an election.
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01/31/08

SF: Prop B – A New Deferred Retirement Option Program for the SFPD

The City is currently short 200 to 300 police officers in their force. Another 500 or so are up for retirement this year. Even with the increased pay offers and the high demand, there are just not enough recruits coming out of the Police Academy to cover the deficit.
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