SFMTA staff confirmed that all senior property owners, regardless of the extravagance of their property, would be exempt from the tax. Sherrill noted that while senior property owners are exempt from the tax, senior renters could still be charged the pass-through. SFMTA staff said they modeled this parcel tax off previous ones used by the San Francisco Unified School District. “It doesn’t fluctuate with the economic situation the same way that a sales tax or a gross receipts tax might,” Siegal said. If voters approve just one of the two proposed taxes, Muni officials say it won’t be enough to prevent service cuts.

Source: The Guardian March 04, 2026 12:29 UTC