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Committee signals intent to provide rainy-day funds to SFUSD, appropriation to be considered in June
Summary
The committee declared intent to appropriate rainy-day reserve funds to San Francisco Unified School District (~$6 million estimated) to offset state funding losses; supervisors noted actual appropriation would occur during next year's budget process and attached no binding requirement.
The committee considered a resolution declaring the city's intent to appropriate rainy-day reserve funds to the San Francisco Unified School District to mitigate anticipated state funding reductions for the upcoming school year.
Mister Rose told the committee the district anticipated about $6,000,000 and that a 25% reduction trigger was assumed in calculations; he also said there is no legal requirement that the board appropriate funds now and that any appropriation would be discretionary and executed during next year's budget (June). Supervisor Sean Ellsburn moved to forward the resolution to the full board with a recommendation; the motion was taken without objection.
