News Releases

San Francisco’s Kindergarten to College Program Reaches $11 million in Savings with new research showing promising savings rates amongst low-income students and families
Governor Gavin Newsom, California Treasurer Fiona Ma, Mayor London Breed and Treasurer José Cisneros joined a class of 1st graders from Bryant Elementary School as they deposited the $11 millionth dollar into Kindergarten to College savings accounts. San Francisco’s Kindergarten to College (K2C) Program is the first universal Child Savings Account program in the country and is celebrating its belated 10th anniversary this week with the release of a new video and report.
Guaranteed Income Advisory Group Releases Report to Guide the Future of Guaranteed Income Work in San Francisco
The San Francisco Guaranteed Income Advisory Group today released its final report, “From Pilots to Policy Change: Recommendations from San Francisco’s Guaranteed Income Advisory Group.” This report suggests steps the City and County can take to strengthen support for existing and future pilots, while also advocating strategies to move beyond pilots, developing and implementing guaranteed income policies that can transform how San Francisco pursues economic justice and wellbeing for its residents.
The Golden State Warriors Release PSAs for San Francisco’s “Be The Jury” Pilot Program in SF Superior Court
Last week, the City and County of San Francisco launched the “Be The Jury” Pilot Program in San Francisco Superior Court, which will compensate low-to moderate-income jurors in criminal trials $100 a day for their jury service. This pilot was created with the goal of establishing juries that are more reflective of San Francisco’s diverse communities and is a first-of-its-kind pilot program in San Francisco Superior Court. Today, to help build community awareness about the program, the Golden State Warriors have just released two social media PSAs that speak to the importance of jury service and jury diversity.
San Francisco to Launch the “Be The Jury” Pilot Program on Monday to Compensate Low-Income Jurors $100 a Day
On Monday, March 7, 2022, the City and County of San Francisco will launch the “Be The Jury” pilot program in San Francisco Superior Court, which will compensate low-to-moderate-income jurors $100 a day for their jury service. The “Be The Jury” pilot program was created with the goal of establishing juries that are more reflective of San Francisco’s diverse communities and is a first-of-its-kind pilot program in San Francisco Superior Court.
San Francisco Launches New First Year Free Program for Small Businesses
Mayor London N. Breed, Treasurer José Cisneros, and Supervisor Hillary Ronen today announced the launch of First Year Free, an innovative new Citywide pilot program that waives first-year permit, initial license, and initial business registration fees for new small businesses.

To qualify for First Year Free, a business must open a new ground floor commercial location between November 1, 2021, and October 31, 2022. Only small businesses with less than $2 million in San Francisco gross receipts are eligible, and the program is not applicable to formula retail locations.
San Francisco Public Defender Mano Raju & San Francisco Treasurer José Cisneros Applaud Signing of New Bill Piloting Higher Compensation for Low-Income Jurors in San Francisco
AB 1452 authorizes the “Be The Jury” pilot program to compensate low-income jurors $100 a day to remove barriers to serving and to increase economic and racial diversity of juries. The “Be The Jury” pilot program is the first of its kind in the country.
Sheriff Paul Miyamoto, Treasurer José Cisneros' Financial Justice Project, and the SF Jail Justice Coalition launch $10 a month Commissary Allowance Pilot Program
Beginning this month, people incarcerated in San Francisco County Jails who have little or no support from the outside will receive a $10 monthly allowance to purchase essential hygiene items and food from the jail store, or commissary. The Commissary Allowance Pilot Program helps ensure incarcerated people maintain their dignity and ability to purchase essential items, like shampoo, deodorant, and snacks.
Statement from Treasurer José Cisneros on Governor's $2B statewide College Savings Program
Today Governor Newsom proposed an investment of more than $2 billion in a statewide college savings account modeled after San Francisco’s Kindergarten to College Program (K2C). In 2011 when he was Mayor, Gavin and I launched K2C based on research showing that children with savings accounts will be up to seven times more likely to attend college than those without an account. Today, as a result of Newsom’s vision back in 2011, 46,000 public school students in San Francisco have K2C accounts, and have $8.6 million saved for college. I am beyond thrilled to see this program go statewide, and provide low income students with $500 to start saving for college.