In a video-taped message, city schools Superintendent Mark Roosevelt said, "The Promise is what makes everything go in the Pittsburgh Public Schools," at the moment.
from Post-Gazette article on the Pittsburgh Promise: http://post-gazette.com/pg/10182/1069700-100.stm
The total amount was not leveraged this year; there's no indication if there's any way of making that up in future years. It looks like a correction is needed to the amount of the match -- UPMC gives $1 for every $1.50 donated, not the other way around, according to the totals given for donations.
Interesting data about graduation rates is also mentioned.