Overview
- Voters turned down Proposition D by about 53.6% to 46.4% and also rejected the Chamber‑backed Proposition C by roughly two‑thirds, leaving neither measure to take effect.
- The measures were meant to raise revenue by expanding the city’s CEO pay‑ratio tax and changing its calculation to use a company’s entire workforce instead of only San Francisco employees.
- The campaign featured heavy outside spending with opponents raising roughly $6.6 million and prominent tech donations including a reported $500,000 from Sergey Brin to an anti‑D committee.
- A city economist warned the larger Proposition D could reduce jobs and GDP over time while proponents said the roughly $250–$300 million a year would have shielded city services from cuts.
- The June 2 ballot clash leaves Mayor Daniel Lurie and the Board of Supervisors facing urgent choices on filling a multi‑hundred‑million dollar shortfall and the likely next steps are new revenue proposals, service cuts, or layoffs.