2025-26 Budget Development Link to this section Presentations made at SF Board of Education meetings about the development of the 2025-26 budget March 11, 2025: Supplemental Employee Retirement Plan (SERP) This provides an overview and results from the SERP program (link is external) March 11, 2025: Fiscal Stabilization Plan Update Read the full March 2025 update to SFUSD's fiscal stabilization plan. (link is external) March 11, 2025: Second Interim Report for 2024-25 Read the full Second Interim Report for fiscal year 2024-25. (link is external) March 11, 2025: SFUSD Audit Report for the Year Ended June 30, 2024 Read the audit report, which includes an audit of district income and expeditures by source of funds (link is external) Feb. 25, 2025: Overview of Personnel Actions This provides an overview of possible staff reductions for the 2025-26 school year. (link is external) Feb. 11, 2025: Fiscal and Operational Health Update This provides preliminary context for the budget, shares draft school staffing and budget allocation frameworks, and outlines factors that impact budget projections. (link is external) Jan. 28, 2025: Staffing Model Update Get an overview of the budget and learn about central office reductions and the school staffing model. (link is external) Dec. 10, 2024: Budget Updates and 2024-25 First Interim Report This covers the assumptions made when planning the budget, an update on the fiscal stabilization plan, and the First Interim Report for the 2024-25 budget. (link is external) Dec. 10, 2024: Fiscal Stabilization Plan Update Read the full December 2024 update to SFUSD's fiscal stabilization plan. (link is external) Dec. 10, 2024: First Interim Report for 2024-25 Read the full First Interim Report for fiscal year 2024-25. (link is external) June 25, 2024: Fiscal Stabilization Plan Update Read the full June 2024 update to SFUSD's fiscal stabilization plan. (link is external) June 25, 2024: Summary of the Fiscal Stabilization Plan Updates View the summary of June 2024 updates to the fiscal stabilization plan. (link is external) This page was last updated on March 14, 2025