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Committee consolidates Children's Fund renewal and folds in rainy-day fund changes
Summary
Supervisors agreed to a consolidated charter amendment package to renew the Children's Fund, strengthen oversight and planning timelines, and add a rainy-day fund change that gives the school district a discrete share of the reserve to reduce disruptive layoff triggers; staff will finalize technical language for referral.
The Rules Committee moved to consolidate and advance a package of charter amendments that would renew and revise San Francisco's Children's Fund and related early-education and public-education enrichment provisions, and incorporate an amendment to the city's rainy-day reserve.
The proposed Children's Fund package would appear on the November ballot and includes a 25-year renewal, an increase in the property-tax set-aside from three cents…
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