Rainy Day Umbrella protects the teachers

Thanks to Amiano's Rainy Day fund, there will be no teacher layoffs this year. The Chron reports:

San Francisco school officials said today they will rescind all 535 teacher layoff notices they mailed in March based on a commitment from the Board of Supervisors to give up to $20 million to help fill the school district's budget gap.

The supervisors voted 11-0 Tuesday afternoon to approve a resolution promising the money from the city's rainy day fund. The official transfer of funds can't happen until the city passes its annual budget in June.

The city's promise allows the school district to crunch its own numbers with the knowledge that the city funds will be forthcoming - before the May 15 deadline to confirm teacher layoffs.

"That is just really music to our ears," said Superintendent Carlos Garcia at a press conference this morning. "We've been working all night to figure out the ramifications."

Garcia said the district faces a $40 million deficit based on the governor's current budget proposal. Even with the rainy day funds, there is still a big hole to fill still.

About 50 layoff notices for paraprofessionals - paid teachers aides - will not be rescinded at this point, Garcia said, adding that they will have wait until they see the governor's newest budget proposal next week.

Nice to have some shelter from the storm.