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Council Member Ayala questions Commissioner Park on cash assistance funding
1:24:16
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108 sec
Council Member Diana I. Ayala questions Commissioner Molly Wasow Park about changes in cash assistance funding for fiscal years 2025 and 2026. The discussion covers the reasons for funding increases, estimates of need, and actual spending in fiscal year 2024.
- An additional $77.8 million in city and state funding was added for cash assistance in FY2025.
- The cash assistance budget for FY2026 is projected to be $1 billion less than the current year.
- Actual spending on cash assistance in FY2024 was just short of $2.4 billion.
Diana I. Ayala
1:24:16
In the and I'm gonna ask just a couple of more questions and then I'll let the members ask and I'll come back around.
1:24:23
The executive plan includes an additional 77,800,000.0 in city and state funding for cash assistance in fiscal year twenty five only, increasing the cash budget, the CA budget for fiscal year twenty five to 2,650,000,000.00, but the budget for cash assistance in fiscal year twenty six is 1,650,000,000.
1:24:42
One billion less than the budget in the current year.
1:24:45
How was the amount of additional funding for fiscal year twenty five determined and is that funding added for a specific population and if so which one?
Molly Wasow Park
1:24:56
Thank you councilmember.
1:24:58
It's not for a specific population.
1:25:01
We're monitoring utilization and spending trends with OMB and adding as needed to make sure that we are going to have sufficient funds to get through the fiscal year.
1:25:11
And we will continue to engage in that process into FY '20 '6.
Diana I. Ayala
1:25:18
Is the 77,800,000.0 increase in funding within the current fiscal year an estimate of the need for the whole year or do you expect to add more funding in the adopted?
Molly Wasow Park
1:25:27
We anticipate that this will get us through the end of the fiscal year but we will certainly monitor that closely.
Diana I. Ayala
1:25:32
Okay and how much was actually spent on cash assistance in fiscal year twenty four?
Molly Wasow Park
1:25:38
Hold on let us pull that number.
1:25:53
Cash assistance in FY24 was just short of $2,400,000,000 That's a gross number both city tax levy and other funding sources.
1:26:04
In