This ordinance waives the requirement for the San Francisco Unified School District to repay the City $26.6 million from a voter-approved parcel tax. It also cancels the directive for the Controller to transfer funds from the parcel tax revenues to repay the General Fund.
Ordinance waiving the condition in Ordinance Nos. 33-19 and 169-19 that required the San Francisco Unified School District to repay the City a total amount of $26,600,000 using revenues from the voter-approved parcel tax in June 2018โs Proposition G; and rescinding the direction in those Ordinances to the Controller to transfer funds from accumulated balances of Proposition G revenues to repay the General Fund advances.
How it got here
This legislation originated from the need to address the repayment conditions imposed on the San Francisco Unified School District following the resolution of litigation regarding Proposition G revenues.
The Board enacted Ordinance Nos. 33-19 and 169-19, which appropriated a total of $26.6 million to the San Francisco Unified School District (SFUSD) as General Fund advances, contingent upon repayment using revenues from the voter-approved Proposition G parcel tax once available.
The litigation concerning Proposition G was resolved, allowing the revenues from the parcel tax to become available for appropriation to SFUSD.
Mayor Breed introduced an ordinance to waive the repayment condition imposed on SFUSD regarding the $26.6 million loan, allowing the funds to be used for reducing SFUSD's long-term structural deficit.
The Youth, Young Adult, and Families Committee recommended the proposed ordinance for approval, emphasizing the need for SFUSD to document the use of the funds for long-term deficit reduction.
The Board of Supervisors passed the ordinance on first reading, moving it closer to final approval.
The Board of Supervisors finally passed the ordinance, officially waiving the repayment requirement for SFUSD.
Mayor Breed approved the ordinance, finalizing the legislative process.
Reconstructed from attached documents & the official record