mr. egan's impact report? >> my reading of it is that there would be potentially thousands of jobs lost in san francisco. supervisor campos: 270 the first year, 105 in the second year. >> that is a minimal impact. furthermore, his analysis did not take into account, to the best of my understanding, at the restaurant industry has passed on the cost of the increased expenditures to consumers. that would further mitigate the effect and further reduce his estimates. thank you. next speaker please. -- supervisor campos: thank you. next speaker please. >> i work for a technology company that contacted me with a larger company. they were basically paid by the company to pay me and to pay for my health spending account. last year, december 27, they made a quarterly deposit of $900 into a account. i was not notified of that and i was not aware that the account was in existence. when i found out about it and went to use the money, it had already expired. it was the use it or lose it option. i had over $900 from prescrip

mr. egan's impact report? >> my reading of it is that there would be potentially thousands of jobs lost in san francisco. supervisor campos: 270 the first year, 105 in the second year.

mr. egan's reports that his report in essence confirms what we already know. that the impact on job creation, if any, is minimal, and we can argue on whether or not there actually is any impact on job creation because, you know, doing this kind of steady, and mr. egan is a very capable and talented individual, but i think that his findings essentially proved our point, that you can amend this legislation. you can amend the health care security ordinance. you can close the loophole, and you will still have significant job creation in the city and county of san francisco. under the worst-case scenario, the worst-case scenario that has been described in this report, the city will gain 35,625 jobs in the next three years. so it will still gained 35,625 jobs as opposed to a possible gain of 36,000 jobs. that is in the worst-case scenario. if you compare that to what was predicted when the health care security organ is was introduced, when you had a much larger job loss projection as a possibility, we are in pretty good shape. that larger projection loss that was pr

supervisor campos: mr. egan, thank you very much for your hard work. i know that you had to spend a lot of time working on this, and we really appreciate your professionalism and the thoroughness with which you approach the task at hand. so, thank you very much. >> thank you, supervisors. i have to run to a meeting in five minutes, but i will come back if there are any further follow-up questions. supervisor campos: great, thank you. colleagues, unless you had any specific things to add, i do want to turn it over to public comment. but let me simply say this, and it is actually something that i was thinking about as we were going into this meeting today. i see the office of labor standards enforcement, donna, and map -- matt, and i have to say that for me, my involvement around health care issues and the way in which the impact businesses and workers, came out of my interaction with the office of labor standards and, in fact, one of the first conversations i had as a supervisor was with the individual who was first charged with implementing the health

mr. egan is on a well-earned vacation. i thought i would briefly touch on a couple of the highlights from our report, which we issued yesterday. to start with, just a bit of background on what the sales tax looks like in san francisco. this is one of the more complicated revenue streams statewide, with different components laird on by different levels of government, flowing to the benefit of different people. if you look at our current 8.5% sales tax rate, as mr. wagner noted, down from 9.5% on june 30 -- almost 2/3 of that flows to the state itself. a small piece is then reallocated back out to local governments. about 1% of it, in a sense, flows directly to the city's general fund, and that rate fluctuates in different jurisdictions, based on choices voters have made. in san francisco, we have about 1.25% of the 8.25% that flows to in part, the transportation authority, and our schools. in effect, this proposal would create a new 0.5% that would be dedicated within the local category to support current the general fund s