Trending...
- The 2025 ESPY Awards After Party- Presented by Poppi & High Noon
- General Auction Company Announces August 8th Auction- Now Accepting Consignments
- $53 Million Company Valuation Investment with Majority Acquisition Option, Plus New Stock CUSIP Supporting Brand Transition of Fan Engagement Company
In a major relief to the San Francisco Unified School District, Mayor London Breed said she would pardon a $26.6 million given to the school district if they develop a "comprehensive multi-year plan" to stabilize its finance and introduce a budget that implements the plan.
In 2019, the City granted the loan to advance funds for the Proposition G Living Wages for Educators Act (LWEA) parcel tax. However, $150 million were withheld from SFUSD in the past three years because of pending litigation on Proposition G, said the Mayor's office.
The District didn't halt the increased salary payment; instead, it paid it from the $26.6 million loan granted by the City, even as the litigation continued over the years. With the California Supreme Court ruling in favor of the school district, the District now has access to the withheld funds.
Earlier this year, SFUSD proposed massive cuts to contain a budget deficit and avoid a state takeover. The 2022-2023 Proposed Budgeting Plan included a cut across individual schools, specialized student services, and even layoffs to eliminate the $125 million shortfalls.
More on The Californer
Mayor London Breed and Supervisor Hillary Ronen are offering to forgive the loan to address the structural budget challenges.
While announcing SFUSD's bail-out plan, Mayor London Breed acknowledged the uncertain fiscal crisis and said forgiving the loans is the step in the right direction. She added that the executive of the multi-year comprehensive plan would ensure that the loan plays a crucial role in stabilizing the District and the schools.
Supervisor Ronen expressed her concern over the financial crisis at the school district and stated that public schools in San Francisco and throughout the state are "chronically underfunded." She urged School District leaders to responsibly focus on their duties and take all financial decisions considering student wellbeing. She further promised to extend her support to public schools, students, and educators.
The California Department of Education (CDE) is also stepping up its effort to help manage the massive budget deficit. According to city officials, CDE will keep a close watch on the District's financial condition. It will further assign a fiscal expert to offer technical advice to the Board of Education and SFUSD administration.
In 2019, the City granted the loan to advance funds for the Proposition G Living Wages for Educators Act (LWEA) parcel tax. However, $150 million were withheld from SFUSD in the past three years because of pending litigation on Proposition G, said the Mayor's office.
The District didn't halt the increased salary payment; instead, it paid it from the $26.6 million loan granted by the City, even as the litigation continued over the years. With the California Supreme Court ruling in favor of the school district, the District now has access to the withheld funds.
Earlier this year, SFUSD proposed massive cuts to contain a budget deficit and avoid a state takeover. The 2022-2023 Proposed Budgeting Plan included a cut across individual schools, specialized student services, and even layoffs to eliminate the $125 million shortfalls.
More on The Californer
- Laube Titanium to Attend MADE Bike Show in Portland, Oregon
- A Century of Compassion: Butte Humane Society Hosts 114th Anniversary Gilded Garden Gala
- United Set to Hire More Special Olympics Athletes As Customer Service Ambassadors
- Exelon Leader Tamla Olivier Named 2025 Technologist of the Year by Waves of Change STEM Conference
- KIDZ BOP RELEASES BRAND NEW ALBUM 'KIDZ BOP 51' FEATURING HITS "APT" & "PINK PONY CLUB"
Mayor London Breed and Supervisor Hillary Ronen are offering to forgive the loan to address the structural budget challenges.
While announcing SFUSD's bail-out plan, Mayor London Breed acknowledged the uncertain fiscal crisis and said forgiving the loans is the step in the right direction. She added that the executive of the multi-year comprehensive plan would ensure that the loan plays a crucial role in stabilizing the District and the schools.
Supervisor Ronen expressed her concern over the financial crisis at the school district and stated that public schools in San Francisco and throughout the state are "chronically underfunded." She urged School District leaders to responsibly focus on their duties and take all financial decisions considering student wellbeing. She further promised to extend her support to public schools, students, and educators.
The California Department of Education (CDE) is also stepping up its effort to help manage the massive budget deficit. According to city officials, CDE will keep a close watch on the District's financial condition. It will further assign a fiscal expert to offer technical advice to the Board of Education and SFUSD administration.
Filed Under: Government
0 Comments
Latest on The Californer
- SeedList Launching Institutional Crypto Crowdfunding Project to Empower Retail Investors and Disrupt the VC-Dominated Crypto Fundraising Landscape
- City of Long Beach to Celebrate Completion of MacArthur Park Rehabilitation Project
- California Family Launches Billboard to Reach "Pardon Czar" Alice Marie Johnson
- California: ICYMI: 287,000 jobs and $55 billion in economic growth on the line with key climate program's extension
- Rent Like A Champion Acquires CollegeWeekends
- WNBA Rising Star Jacy Sheldon Makes History with HOLO's First-Ever WNBA Signature Sneaker
- Sumter Landing Dental Care Launches Summer Special on Full Mouth Reconstruction
- Seligson Law Launches New Website to Support Cannabis Businesses in California and New York
- City of Long Beach to Celebrate Improvements at El Dorado Park
- Club Offers Released on July 17, 2025
- databahn Announces Subscription Access to Fortune 500 GenAI Deep Dive Sales Intelligence Reports
- Up Hill Concierge Launches Curated LA Hospitality for FIFA 2026, Super Bowl, NBA All-Star & LA28
- AI startup Congero offers instant websites with 24/7 updates - aiming to replace web agencies
- Vaulted Deep Signs Deal with Microsoft to Remove Carbon via Waste Management Infrastructure
- The Recording Academy Extends Invitation to The World's No.1 Superstar™—But He's Not Chasing the Award
- WonderDays Launches the UK's First AI Experience Gift Finder – Gifting Just Got So Much Easier!
- CelluHeal™ Launches Full Line of Advanced Wound Dressings for Online Purchase in the USA, Canada, and Beyond
- California: Governor Newsom responds to Trump's latest gift to China: Defunding America's only high-speed rail
- California: Governor Newsom announces appointments 7.16.25
- California: Governor Newsom calls on Trump to end Los Angeles militarization, shares community resources