Would create a City fund dedicated to helping reimburse eligible employees for their student loans and job-related educational and training expenses up to $25,000. Only sworn members of the Police, Fire and Sheriff’s departments, paramedics, Registered Nurses and 911 dispatchers, supervisors or coordinators who meet certain requirements would be eligible to receive payments from the fund. In the future, the Board and the Mayor could decide to place City money into this fund, but the City would not be required to do so. Proposition N is an ordinance that requires 50%+1 affirmative votes to pass.
Fiscal Impact: The cost of the proposed ordinance would be dependent on decisions that the Mayor and Board of Supervisors make in future budgets, as this ordinance does not bind future Mayors and Boards of Supervisors to provide funding for this purpose. Should the proposed ordinance be approved by the voters, it would have no impact or a minimal impact on the cost of government of up to approximately $315,000 annually for staff to administer the program once established.
Next San Francisco County Measure: Measure O