SFUSD board approves fiscal stabilization plan, 2024–25 budget and EPA spending after staff outline $126M in multi‑year reductions

The San Francisco Board of Education voted unanimously to approve a fiscal stabilization plan, the district's 2024–27 Local Control and Accountability Plan and the superintendent's recommended 2024–25 budget, and then approved the Education Protection Account (EPA) expenditure plan.

Staff said the fiscal stabilization plan responds to CDE concerns by identifying specific reductions for 2025–26 and 2026–27. "The team has already identified 535 FTEs," said Jackie Chen, the district's financial services officer, as staff explained how the $113 million in reductions for 2025–26 and another $13 million for 2026–27 are organized by object code and job classification.

Superintendent Wayne said the intention behind the plan is to eliminate structural deficit spending by the 2026–27 school year and to pair budget actions with programmatic redesigns intended to improve access to qualified teachers, counseling and support services.

Board members discussed the need to clarify site‑level impacts and to ensure families and communities get timely, accurate information about staffing and services changes at their schools. Commissioners emphasized the need to define "core" services and to be explicit about which supports will continue and which will be affected by fiscal stabilization.

Roll call votes were recorded on each item; the board approved the fiscal stabilization plan and the budget items with seven ayes. The board also approved the Public Education Enrichment Fund expenditure plan in a separate unanimous vote; a memo attached to that item proposes operational alignment between PEAF reporting and the LCAP advisory process (the memo was informational; the board did not vote to change advisory structure tonight).