About three-quarters of all the money pouring into San Franciscoโs June 2 election is going toward just four measures on the ballot.ย
The majority of that $7.9 million is funding dueling businesses tax measures: The โoverpaid CEO tax,โ Proposition D, and a competing measure placed on the ballot in hopes of sinking it, Proposition C.
Big political and corporate donors have heavily backed Prop. C, while labor groups have come out in force to back Prop. D.
Over $1.7 million has been raised to support Prop. A, the bond measure which would pay for infrastructure improvements related to earthquake safety. Chris Larsen, the founder of Ripple and a major political donor, has given $520,000 in support of the measure (he has also given $700,000 to fight Prop. D). Several unions have collectively given at least $550,000 toward Prop. A.ย
Trailing behind in fundraising is Prop. B, which would place lifetime term limits on anyone who has held office as mayor or on the Board of Supervisors. The measure has raised about $352,000, with the majority of that coming from Larsen and fellow billionaire Michael Moritz. Not quite $3,000 has been raised in opposition.
Explore the charts below to see who is giving to each measure. Search for donors and click on the bubbles to see where each individual contribution came from.
Prop. A: Bond for earthquake safety projects
Money raised for Prop. A
Total for: $1,718,410
Prop. A: Bond for earthquake safety projects
How it reached the ballot: The San Francisco Board of Supervisors (unanimous)
What it would do: Prop. A would allow the city to borrow up to $535M in bonds to pay for infrastructure upgrades, which could include the emergency firefighting water system, police and fire stations and the Muni station at Potrero Yard.
Proponents include: Mayor Daniel Lurie, the Board of Supervisors, Fire Chief Dean Crispen
Opponents include: San Francisco Republican Party, Coalition for San Francisco Neighborhoods
To pass: Requires 66.67% affirmative votes.
Prop. B: Lifetime term limits for mayor and supervisors
Money raised for and against
Prop. B
Total for: $351,750
Total against: $2,800
Prop. B: Lifetime term limits for mayor and supervisors
How it reached the ballot: Supervisors Matt Dorsey, Jackie Fielder, Bilal Mahmood, Myrna Melgar, Danny Sauter, Stephen Sherrill and Alan Wong
What it would do: Prop. B would limit a mayor or any supervisorโs time served to two four-year terms for each office. Currently, there is a limit of two consecutive terms for either officeholder, but there is no existing limit on nonconsecutive terms.
Proponents include: Mayor Daniel Lurie, Speaker Emerita Nancy Pelosi, S.F. Young Democrats, San Francisco Democratic Party, and supervisors Bilal Mahmood, Danny Sauter, Jackie Fielder, Myrna Melgar, Matt Dorsey, Stephen Sherrill, and Alan Wong
Opponents include: Former Mayor Willie Brown, former Mayor Art Agnos, former California Governor Jerry Brown, and supervisors Rafael Mandelman, Chyanne Chen, Shamann Walton, and Connie Chan
To pass: Requires 50%+1 affirmative votes.
Prop. C: Decrease to some business taxes
Money raised for Prop. C
Total for: $4,123,632
Prop. C: Decrease to some business taxes
How it reached the ballot: Received over 10,643 signatures
What it would do: Prop. C would exempt most businesses with up to $7.5 million in revenue from the โgross receipts taxโ and โtop executive pay tax.โ It would also move a planned 2028 increase to the โtop executive pay taxโ to 2027. This measure competes with Prop. D.
Proponents include: S.F. Chamber of Commerce, Neighbors for a Better San Francisco, GrowSF
Opponents include: Mayor Daniel Lurie, San Francisco Labor Council
To pass: Requires 50%+1 affirmative votes.
Prop. D: Overpaid CEO tax
Money raised for and against
Prop. D
Total for: $1,710,362
Total against: $4,123,632
Prop. D: Overpaid CEO tax
How it reached the ballot: Received over 10,643 signatures
What it would do: Prop. D would make changes to the cityโs โtop executive pay tax,โ which applies to businesses whose highest-paid executive earns more than 100 times the median employee compensation. Namely, it would increase rates for most businesses to between 0.183 to 1.121 percent of their San Francisco gross receipts. It would also change how the median compensation is calculated, by factoring in a companyโs total workforce rather than its San Francisco-based workforce.
Proponents include: San Francisco Labor Council, SEIU Local 1021, SEIU 2015, IFPTE Local 21, Speaker Emerita Nancy Pelosi, U.S. Senator Bernie Sanders, and supervisors Danny Sauter, Alan Wong, Bilal Mahmood, Jackie Fielder, Myrna Melgar, Connie Chan and Chyanne Chen
Opponents include: Mayor Daniel Lurie, S.F. Chamber of Commerce, Neighbors for a Better San Francisco, The Gap, Uber, Amazon, Visa, DoorDash, and supervisors Rafael Mandelman, Stephen Sherrill, and Matt Dorsey
To pass: Requires 50%+1 affirmative votes.
Contributions to committees supporting and opposing multiple measures are duplicated. For example, contributions to the committee supporting Prop. C and opposing Prop. D will appear under both measures.
The contributions are up to date as of May 7,2026.
Source: San Francisco Ethics Commission via S.F. Open Data.
Additional reporting by Io Yeh Gilman.