Just because the population of SF is rich doesn't mean SF is rich.
Cities have very weak abilities to raise revenue, and are relentlessly politically attacked whenever they try to raise more revenue via higher property taxes and other things.
Our cities are actually starved of revenue and especially post pandemic at risk of bankruptcy without bailouts from higher governments.
Cities have very weak abilities to raise revenue, and are relentlessly politically attacked whenever they try to raise more revenue via higher property taxes and other things.
Our cities are actually starved of revenue and especially post pandemic at risk of bankruptcy without bailouts from higher governments.