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tv   BOS Rules Committee  SFGTV  October 25, 2021 6:00pm-6:16pm PDT

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>> good morning. welcome to the rules committee of the san francisco board of supervisors for today, monday october 25, 2021. i am the chair aaron peskin joined by supervisor mandelman and chan. >> to participate through video conference as if physically present. public access is essential and invites participation in the following ways. public comment is available on each item. channel 26, 79, 99 and sfgovtv
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are streaming the call in number on the screen. each speaker is allowed two minutes. comments to speak are available by calling 415-655-0001. meeting id24996640797. pound and pound again. when connected you will hear the discussions. you will be in listening mode only. when your item comes up dial star 3 to be added to the speaker line. call from quiet location. speak slowly and turn down your television or radio use. you may submit in the following ways. e-mail to the clerk eivtor.yo un g at sfgovtv. if you submit by e-mail it will be part of the file. written comment may be sept by
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u.s. postal service city hall room 244 san francisco california 94102. that completes my initial comments. >> thank you, could you please read the first item. >> ordinance amending the code to reshore nonunited states citizens voting in elections for board of supervisors of san francisco unified school district. they may vote in recall elections regarding the members of the board of education. >> we heard this sponsored by supervisor chan and many other members of the board including both supervisor mandelman and myself. we had to continue for one week given the amendments last week. supervisor chan any comments? >> thank you, chair peskin.
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thank you for cosponsorship of this legislation. i am asking that after public comment that we move forward with this item with recommendation as committee we support and i will remind our colleagues that should they decide to vote in support of this and this will then allow noncitizen residents in san francisco to participate in the february 15th board of education election. >> i will take that as motion after public comment. any members of the public to comment on this item number one? >> yes, members of the public who wish to provide public comment call 415-655-0001 meeting id24996640797.
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press pound and pound again. please dial star 3 to line up to speak. the system will indicate you have raised your hand. wait until you are unmuted to comment. when we get to public comment. at this time i have one listener on the line but nobody in line for public comment. >> okay. public comment on item 1 is closed. on the motion made by supervisor chan to send this as a committee report a roll call, please. >> on that motion. supervisor chan. >> aye. >> vice-chairman delman. >> aye. >> chair peskin. >> aye. >> the motion passes. matter will be recommended as committee report without objection. >> thank you. next item, please.
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>> would you like to take a motion to excuse supervisor mandelman or do you want me to read it first. >> read it and i will excuse him second. >> 2. motion appointing supervisor rafael mandelman to the california state association of counties term ending december 1, 2022. >> supervisor mandelman can addvo indicate against preemption of local government authority i would make a motion to excuse supervisor mandelman from this item. >> yes. on that motion. supervisor chan. >> aye. >> president peskin. >> aye. >> mandelman excused. absent. the motion passes.
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supervisor mandelman is excused from item number 2. 211080. is there any public comment on this motion to appoint supervisor mandelman to the california association of counties? >> regarding that, members of the public who wish to comment on this item call 415-655-0001. meeting id24996640797. pound, pound. if you haven't done so dial star 3 to speak. the system prompt will indicate you have raised your hand. i am double-checking. there is only one listener and nobody in line for public comment at this time. >> public comment is closed. i would like to make a motion to send this to the full board with recommendation on that motion. roll call, please.
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>> on that motion. supervisor chan. >> aye. >> vice-chairman delman excused. chair peskin. >> aye. >> the motion passes. vote of 2-0 with supervisor mandelman excuse. >> that takes us to the end of our very short agenda for today. don't worry. next week will be longer. we are adjourned.
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>> hi. my name is carmen chiu, san francisco's aelectricitied assessor. today, i want to share with you a property tax savings programs for families called proposition 58. prop 58 was passed in 1986 and it was helped parents pass on their lower property tax base to their children. so how does this work? under california's prop 13 law, the value we use to calculate your property tax is limited to 2% growth peryear. but when ownership changes,
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prop 13 requires that we reassess properties to market value. if parents want to pass on their home or other property to their children, it would be considered a change in ownership. assuming the market value of your property has gone up, your children, the new owners, would pay taxes starting at that new higher level. that's where prop 58 comes in. prop 58 recognizes the transfer between parents and children so that instead of taxing your children at that new higher level, they get to keep your lower prop 13 value. remember, prop 58 only applies to transfers between parents and children. here's how the law twines an eligible child. a biological child, a step child, child adopted before the age of 18, and a son-in-law or daughter-in-law. to benefit from this tax saving program, remember, you just have to apply. download the prop 58 form from
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our website and submit it to our office. now you may ask, is there a cap how much you can pass on. well, first, your principal residence can be excluded. other than that, the total tap of properties that can use this exclusion cannot exceed $1 million. this means for example if you have two other properties, each valued at $500,000, you can exclude both because they both fit under the $1 million cap. now what happens when the total value you want to pass on exceeds $1 million. let's say you have four properties. three with current taxable value of $300,000 and one at $200,000, totaling $1.1 million in value. assuming that you decide to pass on properties one, two, and three, we would apply the exclusions on a first come, first served basis. you would deduct properties one, two, and three, and you
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would still have $100,000 left to pass on. what happens when you pass on the last property? this property, house four, has been existing value of 2 -- has an existing value of $200,000, and its existing property value is actually higher, $700,000. as i said, the value left in your cap is $100,000. when we first figure out your portion, we figure out the portion that can be excluded. we do that by dividing the exclusion value over the assessed value. in this case, it's 50%. this means 50% of the property will remain at its existing value. meanwhile, the rest will be reassessed at market value. so the new taxable value for this property will be 50% of the existing value, which is 200,000, equaling 100,000, plus the portion reassessed to market value, which is 50% times $700,000, in other words,
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350,000, with a total coming out to $450,000. a similar program is also available for prepping transfers fl interest r from grandparents to grandchildren. if you're interested in learning more visit our website or >> shop and dine in the 49 promotes local businesses, and challenges residents to do their shopping within the 49 square miles of san francisco. by supporting local services in our neighborhood, we help san francisco remain unique, successful, and vibrant. so where will you shop and dine in the 49? >> i am the owner of this restaurant. we have been here in north beach over 100 years. [speaking foreign language]
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thank you all so much for coming. i'm very excited about today's programming and i'm so grateful that you all came out for this important event despite the much needed rain. i am deeply honored to be here. my name is jeffery tumlin and i'm the executive director to have the san francisco municipal transportation agency. before we begin, it's also important to acknowledge where we've come from. the geary corridor was muni's first transit line.