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.
Ordinance 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.
How it got here
This legislation originated from the need to modify funding requirements for early care and education programs in San Francisco, following the provisions of Proposition C approved by voters in 2018.
Proposition C imposed a tax on commercial rents, requiring 85% of the revenue to fund early care and education programs, establishing baseline funding requirements.
This ordinance temporarily modified the baseline funding requirements to allow the use of interest earned from the Babies and Families First Fund for early care and education programs.
This ordinance extended the modification of baseline funding requirements for one additional fiscal year.
This ordinance further extended the modification of baseline funding requirements for another fiscal year.
The Mayor's Office submitted the proposed budget for FY 2026-27 and FY 2027-28, including the ordinance to modify baseline funding requirements for early care and education programs.
The committee reviewed the proposed ordinance to modify the baseline funding requirements for early care and education programs.
The Board conducted the first reading of the ordinance modifying the baseline funding requirements for early care and education programs.
Reconstructed from attached documents & the official record
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.
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.
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.
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.
