Supes to vote on $6M for school district 

On Tuesday, the Board of Supervisors will vote on legislation authorizing the transfer of $6 million in the city’s rainy day reserve fund. The San Francisco Unified School District has already factored in receiving the money in its most recent deficit projections.

The board is expected to approve the spending. The rainy day reserve is running on empty. “Assuming The City uses its allotment of the rainy day fund we will have $6 million left, which will mean next year the city will only have $3 million available to it and the school district will only have a million and half available to it next year,” Supervisor Sean Elsbernd said during Wednesday’s Board of Supervisors Budget and Finance Committee meeting. “Then we will be down to a million a half in the rainy day fund.”

The actual appropriation of the money would come during the budget process later this year.

 

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