This ordinance changes the funding rules for early care and education programs for the next two fiscal years, allowing the city to use tax revenue from commercial rents specifically for these programs. It aims to ensure better financial support for early childhood education in San Francisco.
Ordinance modifying the baseline funding requirements for early care and education programs in Fiscal Years 2023-2024 and 2024-2025, to enable the City to use Early Care and Education Commercial Rents Tax revenues for those programs.
How it got here
This ordinance allows San Francisco to use interest earned from the Early Care and Education Commercial Rents Tax to help fund early care and education programs in the fiscal years 2024-2025 and 2025-2026. It modifies the existing funding requirements to support these programs more effectively.
This ordinance allows San Francisco to use interest earned from the Early Care and Education Commercial Rents Tax to help fund early care and education programs in the fiscal years 2025-2026 and 2026-2027. It modifies the existing funding requirements to support these programs more effectively.
Proposes a change to city law: Modifying the baseline funding requirements for early care and education programs in Fiscal Years (FYs) 2026-2027 and 2027-2028, to enable the City to use the interest earned from the Early Care and Education Commercial Rents Tax for those baseline programs.
