Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Supervisors amend budget ordinance to protect Baby Prop C baseline and limit interest transfers

Board of Supervisors Budget and Appropriations Committee · June 20, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After hours of testimony from childcare providers and advocates, the committee approved Supervisor Myrna Melgar’s amendments to preserve a $300 million minimum balance for Baby Prop C and permit use of interest for two years only, forwarding the amended ordinance to the full Board with a positive recommendation.

The Budget & Appropriations Committee on June 20 advanced amended budget language to protect voter-approved early childhood funding known as Baby Prop C, after several hours of public comment from providers, parents and advocacy groups.

Supervisor Myrna Melgar introduced an amendment that raises the fund-balance minimum to $300,000,000 and limits the use of interest earnings for budget balancing to two years. "We've come to an agreement to preserve the fund balance as the advocates have been requesting, to 300,000,000, and then to use the interest…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans