Failed
Result: 65.1% yes, 34.9% no (213,080 votes cast)
This measure would have authorized San Francisco to issue $400 million in general obligation bonds over 30 years to repair and improve Muni bus facilities, transportation infrastructure, and street redesigns. The bonds would have been funded through property taxes at an estimated rate of $0.010 per $100 of assessed property value, generating approximately $30 million annually.