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Transcripts For RUSSIA24 RIK 20240702

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Transcripts For SFGTV 20140319

One issue against the other but i just, you know, have a concern with moving forward in a direction without clear understanding of exactly, you know, whats actually going on in the area the data theres a resolution, theres a budget Analyst Report increase nothing i have in terms of data or information it demonstrates to me there is a clear concrete need. Theres her, her say and im familiar with the organizations in the midmarket area. Many of the arts organizations and some in particular are in City Building where significant dollars are need and weve not investment the appropriate amount in selma its fatally apart its a art center and it supports the midmarket area yet we are choosing to focus on rent stabilization rather than taking care of the facilities that need support of this nature. I do understand whats being proposed i have a lot of concern with the fact that theres ....

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Transcripts For SFGTV 20140318

The community we said weight be supporting every speekt of our neighborhood and making them property as well we feel this the appropriate thank you. Supervisor tang. Supervisor avalos do you want to add anything to that that sure thank you for your question i want to include the arts they dont get a lot of attention when it comes to our budget process yet i hear a lot of the organizations their struggle as well. I think about the arts organizations they serve as a real economic engine for the city. We look at tourism and hospitality as a big part of our economy but about you as a city we havent been cognizant of the displacement and the costs of doing business her that prevents them from staying in the city and were seeing a lot of arts organizations wondering if theyll be around. In terms of the amount of money it is really based on the work ive done on the budget over the years when weve actually done the increasing weve allocated in some years in 2006 about
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Transcripts For SFGTV 20140322

Thank you supervisor campos thank you, mr. President its been a very informative discussion but i want to sort of look at it from a different prospective. I certainly agree there is a need that nonprofits have and im inclined to support the item but i want to step back with context. As i see it were talking about the impact that the tax break the midmarket tax break is having in the neighborhood but the impact in other neighborhoods. I can tell you its not just midmarket thats impacted clearly a thats a big focus of the impact. Neighborhood like the mission for instance, that i represent have become ground zero for the displacement. I think that, you know, we have to be careful about how we try to address the impact of this tax break because one way of looking at it it and someone said this to me its an interesting prospective is that were talking about trying to encourage companies to come into this geography area by giving them a tax break thats funded by
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Transcripts For SFGTV 20140323

But at this point your oracle for a hundred percent only for rent stabilization. Well, weve estimated ill ask the controller but, yes its the taxable interest in the area and i want to clarify if its one hundred percent. The amount is pure a tax increment in the areas thats one hundred percent of our general funds Property Taxation and just the tax component its hundred dollars percent of the tax component thats been requested is the fourpoint sorry not initial supplemental was 2. 5 million was pegged to the estimate of the property tax increment generated in the zone as of today. And were adding 2 million. Upward of 2 million. So it exceeds the existing tax increment based on the entire figure. If. Putting those numbers today yes as of today. Its worth noting as a legal matter the board of supervisors and mayor cant decade Property Taxation any use so this is an estima ....

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