Failed
Result: 44.2% yes, 55.8% no (1,268 votes cast)
The measure would have established Belvedere as a charter city and enacted a real estate transfer tax of $8 per $1,000 of property value, generating approximately $1.6 million annually for 30 years to fund public safety, infrastructure, utilities, and general services. The tax would have been paid by either buyers or sellers during property transactions and included provisions for audits and citizen oversight.