Key Highlights
- The ordinance, which was passed by the Board of Supervisors earlier this month, was signed by Democrat Mayor Daniel Lurie two days before Christmas.
- It establishes the legal framework for the fund but does not allocate funds or guarantee payments.
- The fund can be financed with private donations, foundations and other non-city sources.
- Any taxpayer-funded reparations payouts would require separate legislation, an identified funding source and mayoral approval.
- Lurie told Fox News Digital that no taxpayer money would be paid into the potential pot, given the city's $1 billion budget deficit.
