This resolution allows the Office of the Treasurer and Tax Collector to accept an additional $65,000 grant from Larkin Street Youth Services, bringing the total grant to $181,368. The funds will be used to provide financial coaching to Transitional Age Youth as part of the Rising Up campaign from July 1, 2023, to October 31, 2024.
Resolution retroactively authorizing the Office of the Treasurer and Tax Collector to accept and expend a grant increase in amount of $65,000 for a total amount of $181,368 from Larkin Street Youth Services for the purpose of providing one-on-one financial coaching to Transitional Age Youth through the Rising Up campaign from July 1, 2023, through October 31, 2024.
How it got here
The legislation originated from the Rising Up campaign, a public-private partnership aimed at reducing youth homelessness in San Francisco.
The Rising Up campaign was officially launched to address youth homelessness, with initial funding of $10 million from local and state sources.
The Office of the Treasurer and Tax Collector received the updated award agreement and increased funds of $65,000 to maintain financial counseling services.
A proposed resolution was submitted to the Board of Supervisors to authorize the acceptance and expenditure of the grant from Larkin Street Youth Services.
The Budget and Finance Committee recommended the resolution for approval to the Board of Supervisors.
The Board of Supervisors adopted the resolution to retroactively authorize the Office of the Treasurer and Tax Collector to accept and expend the grant.
The Mayor approved the resolution, finalizing the authorization for the grant.
Reconstructed from attached documents & the official record
