SFUSD 2024-25 Budget Summary & Funding Overview
Funding Overview
San Francisco Unified School District (SFUSD) is primarily funded by the Local Control Funding Formula (LCFF), which provides $631 million (89% of its revenue). This includes base, supplemental, and concentration grants, aimed at supporting students from low-income families, foster youth, and multilingual learners.
Additional funding sources include:
- Local revenue (e.g., sales taxes): $53.1 million (7.5%)
- State funds: $22.7 million (3.2%)
- Federal funds: $1.7 million (0.2%)
Total Budget: $708.5 million.
Expenditure Overview
SFUSD plans to spend $599.8 million from the Unrestricted General Fund in 2024-25, with significant investments in staff, student services, and special programs. The largest portion of spending goes to:
- School staffing: ensuring adequate personnel for instruction and support services.
- Special Education: $139.2 million.
- Ongoing & Major Maintenance: $38.2 million.
Key Initiatives:
- School Staffing Plan: Ensures predictable resource allocation based on student needs and enrollment.
- Student Success Fund: Provides $35 million focused on academic and emotional well-being through a community schools approach.
Enrollment & Attendance Trends
SFUSD faces a challenge with declining enrollment. In 2023-24, enrollment dropped to 48,728 students, which impacts funding and staffing levels.
Reserves & Financial Planning
- SFUSD maintains a 2% reserve for economic uncertainties, which equates to $26.4 million.
- The Rainy Day Fund: set at $60 million, provides additional financial stability.
SFUSD’s 2024-25 budget prioritizes maintaining staffing levels, enhancing student services, and supporting vulnerable student populations, while managing reduced state funding and declining enrollment.
Full SFUSD budget plan for FY 2024-25 can be found here.