Hold onto your wallets, folks—San Francisco has just dropped a bombshell that could redefine "government spending" in the most jaw-dropping way.
According to Fox News, Mayor Daniel Lurie signed an ordinance on December 23, 2025, establishing a "Reparations Fund" that may one day distribute up to $5 million per eligible Black resident for historical discrimination and displacement, although no funds have been allocated yet.
This saga began earlier in December 2025, when the Board of Supervisors passed the ordinance with a nod to progressive ideals.
Just before Christmas, on December 23, Mayor Lurie quietly put pen to paper, creating a legal structure for this ambitious fund.
But let’s not get ahead of ourselves—there’s no money in the pot, and taxpayer dollars aren’t on the hook without further legislation and approval.
The fund could rely on private donations or foundations, a clever sidestep around the city’s coffers for now.
The ordinance leans heavily on a 2023 report from the San Francisco African American Reparations Advisory Committee (AARAC), which paints a grim picture of decades of city-driven displacement and racial bias, especially during the urban renewal period from the mid-1940s to the 1970s.
That report, while nonbinding, suggests a staggering one-time payment of $5 million to each qualifying individual, alongside other sweeping measures like guaranteed income tied to local medians.
It also pushes for housing support, rental aid, and massive investments in Black-owned businesses, not to mention new city agencies like an Office of Reparations to oversee it all.
Speaking of the city’s finances, Mayor Lurie was quick to temper expectations, noting the stark reality of a $1 billion budget deficit.
"We are not allocating money to this fund — with a historic $1 billion budget deficit, we are going to spend our money on making the city safer and cleaner," Lurie told Fox News Digital.
Translation: don’t expect a check anytime soon, as fiscal restraint seems to be the mayor’s mantra amid this progressive pipe dream.
The AARAC report doesn’t hold back, calling for a formal apology from the City and County of San Francisco for past wrongs, alongside ongoing systemic investments in Black communities.
"The City and County of San Francisco and its agencies should issue a formal apology for past harms and commit to making substantial ongoing, systemic and programmatic investments in Black communities to address historical harms," reads the executive summary of the AARAC report. While the sentiment tugs at the heartstrings, one wonders if apologies and promises can balance a budget already in the red.