City and County of San Francisco - File #: 081597

• File #: 081597
• Version: 3
• Name: Rainy Day Reserve
• Type: Charter Amendment
• Status: Filed
• Introduced: 12/16/2008
• In control: Clerk of the Board
• Final action: 8/7/2009
• Title: Charter Amendment (Third Draft) to amend the Charter of the City and County of San Francisco by amending Section 9.113.5, to: (1) allow the City to withdraw up to 100 percent of the current balance in the Rainy Day Reserve, not to exceed 20 percent of the projected deficit, in years in which a budgetary deficit of $250 million or more is projected; (2) require the City to also appropriate to the School District an amount equal to 33 percent of any such withdrawals for the City's benefit, in years in which the School District faces a loss of revenues and significant layoffs; and, (3) eliminate obsolete provisions.
• Sponsors: Chris Daly

Date	Ver.	Action By	Action	Result
8/1/2009	3	Clerk of the Board	FILED PURSUANT TO RULE 5.37
3/5/2009	3	Rules Committee	CONTINUED TO CALL OF THE CHAIR	Pass
2/19/2009	2	Rules Committee	AMENDED, AN AMENDMENT OF THE WHOLE BEARING SAME TITLE
2/19/2009	3	Rules Committee	CONTINUED TO CALL OF THE CHAIR AS AMENDED	Pass
1/27/2009	2	President	ASSIGNED
1/27/2009	2	Board of Supervisors	SUBSTITUTED
12/16/2008	1	President	ASSIGNED UNDER 30 DAY RULE