At a recent meeting, Muni's CFO, Bree Mawhorter, highlighted that the agency faces a $50 million shortfall due to insufficient revenue rather than overspending, which has led to significant budget cuts and a hiring freeze. Speakers at the meeting criticized ongoing community opposition to rational revenue-generating policies, such as extending parking meter hours. They suggested an annual car tax based on vehicle value as a potential equitable solution to alleviate the burden on lower-income car owners, with the aim of subsidizing transit funding in San Francisco.
Bree Mawhorter emphasized that Muni's financial challenges stem from a lack of revenue rather than excessive spending, highlighting the need to address incoming funds.
One speaker criticized current policies that contribute to financial strain, stating that Muni's issue is due to external economic factors, not mismanagement of funds.
Community pushback has delayed potentially effective revenue measures, including extended parking meter hours, which could alleviate some of the financial pressure on Muni.
A proposed annual car tax based on vehicle value could equitably distribute costs among car owners, relieving lower-income individuals from parking fees.
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