Professor Kenney Helps Intensify Airbnb Battle in San Francisco

MARKET WATCH -- San Francisco resident and assistant professor at San Francisco State University Martha Kenney did some of the math to prove the impact of the hotel tax, which has since been shared more than 1,000 times on Facebook. “Out of your $12 million of hotel tax, only 1.4 percent percent goes to the SF Public Libraries,” she writes. “So that’s $168,000. Divided by the 868 library staff, we have $193 per person. Assuming each employee works 5 days per week minus holidays, this is $0.78 per employee per day. Since that’s significantly under San Francisco minimum wage ($12.25/hourr), I doubt that your hotel tax can keep the libraries open more than a minute or two later.”