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Budget office, City Controller detail ERAF 'windfall' and how revenue could be used
Summary
District finance staff and City Controller materials explained a newly identified $415 million ERAF‑related windfall and the existing legal allocations (charter baselines and reserves); community groups and commissioners urged lobbying for a larger share of recurring funds for SFUSD.
SAN FRANCISCO — At the Dec. 11 board meeting, district budget staff and City Controller materials briefed the San Francisco Unified School District board on a recently identified Education Revenue Augmentation Fund (ERAF) windfall and how local and voter‑approved baselines will affect any distribution to the school district.
Budget staff summarized that $415 million of additional ERAF‑related dollars surfaced across two fiscal years as counties closed their books. After required baseline and reserve allocations set by voter measures (including the Public…
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