I left mine in the car. Thanks. Madam chair. We are ready to begin. Okay i like it. Are we still planning. Okay okay. Good morning and welcome to the august 18th, 2023, regular meeting of the San Francisco Ethics Commission. Todays meeting is being live cable cast on of gov tv and streamed live online at esp gov tv. Org ethics live for Public Comment. Members of the public may attend in person or may participate by phone or the web platform as explained in our agenda document. Mr. Clerk, can you please explain how the remote Public Comment will be handled today . Thank you, madam chair. Public comment will be available on each item on this agenda. Each member of the public will be allowed three minutes to speak. For those attending in person, opportunities to speak during the Public Comment period will be made available here in room 400 city hall. For those attending remotely Public Comment period can also be provided via phone call by calling. 14156550001. Again, the phone number. Is
Good morning. Good morning, ladies and gentlemen. I want to welcome you back to the regularly scheduled budget and finance Committee Meeting. Im Supervisor Malia Cohen and to my right is supervisor chang and our vice chair yee will not be here and so well take that without objection. Thank you. Okay, moving on i want to recognize also sfgovtv, the assist with the broadcast and recognize the clerk of the board today is miss linda clark. Any announcements . Clerk please silence all cellphones and devices. And files should be submitted to the clerk. I think that i said linda clark and i meant that our clerk is miss linda wong. Okay, so first weve got several items on the agenda today and this is the second to last Committee Meeting of the year. And weve got some administrative items that well take care of today and first id like to call item 13, and item 13 out of order. And the sponsor is supervisor, and please call item 13. Clerk to establish the tenant assistant fund for housing. Super
Deduction to San Francisco filers so we think that its about 2. 1 billion for the state and local tax dedukd deduction a lot smaller, i dont know, 100 million or so in the property tax deduction. Supervisor cohen so overall theres less revenue going into the state budget and the local San Francisco budget for us to then reallocate during the budget process . I dont think that its a direct affect and if you take 2 2. 1 billion out of the local economy, you have to expect that it will affect the local business ability to invest or to expand supervisor cohen to hire. You have to expect that Discretionary Spending would decrease because the cost of necessities is going up and it would certainly affect your sales tax. The effect on the Housing Market and our transfer tax and the property tax as a result seems like it would if anything it would have to possibly drive down prices and just reflecting the fact that most buyers are going to have higher costs to finance and then pay taxes on thes
And finance Committee Meeting. Im Supervisor Malia Cohen and to my right is supervisor chang and our vice chair yee will not be here and so well take that without objection. Thank you. Okay, moving on i want to recognize also sfgovtv, the assist with the broadcast and recognize the clerk of the board today is miss linda clark. Any announcements . Clerk please silence all cellphones and devices. And files should be submitted to the clerk. I think that i said linda clark and i meant that our clerk is miss linda wong. Okay, so first weve got several items on the agenda today and this is the second to last Committee Meeting of the year. And weve got some administrative items that well take care of today and first id like to call item 13, and item 13 out of order. And the sponsor is supervisor, and please call item 13. Clerk to establish the tenant assistant fund for housing. Supervisor cohen thank you very much. So the clerk, along with the sponsor, has identified that this item needs to b
Hitting the people that we actually wanted in San Francisco versus the corporations that buy up a lot of real estate here that are going to get a huge break with this tax deduction. Lets just hope that people have a moral conscience and thats farfetched, i know, and well pushback on this but i think that we are i mean, its hard to see what the changes might be because everything is in flux but just looking at this i think that it could really hit a lot of San Francisco, but what were trying to do to get people middleclass folks in sa San Francisco to invest in a small piece of real estate here, its going to be detrimental to that effort. Supervisor cohen definitely. Any other tax wisdom that you want to share with us . Not at this moment. Ill turn it over to cindy comerford from the department of Public Health with an update on affordable care. Supervisor cohen okay. Okay, good afternoon supervisors, my name is cindy comerford and i manage the policy and planning at the department of P