Yes on Proposition F
Library Preservation Fund
What is it?
Proposition F is a Charter Amendment introduced by the Board of Supervisors which will renew the Library Preservation Fund for an additional 25 years. The Library Preservation Fund is currently set to expire in June 2023.
Fiscal impacts
There will be no change in the cost to taxpayers or in administrative overhead. This is a simple reauthorization of an existing property tax set-aside.
Why is this on the ballot?
This is a City Charter amendment. All charter amendments must be approved by a 50% + 1 majority.
- Sponsor: Mayor London Breed
- Co-Sponsors: All Supervisors
- Placed on ballot by: Mayor Breed and unanimously by all members of the Board of Supervisors
Why vote Yes?
Prop F is a simple ballot measure that reauthorizes an existing 0.025% property tax (that's 2.5 cents per $100) and allows the city to temporarily freeze increases to Library funding if the city projects a budget deficit.
Libraries are cornerstones of our society. Not only do they provide access to a wide array of books and research materials for students, they also provide computer and internet access for people who don't have them at home. This helps low-income people find and apply for jobs, helps people connect with city services like job training and low-income housing, and even provides respite from heat waves.
Prop F does not raise taxes — it just continues an existing tax.