Leveraged; last year we had about four times the amount of funds. Transportation demand management projects are projects that offer choices, Community Benefit programs and so forth. The last few slides, prop enacted in december, brandnew vehicle registration fee; street repair, pedestrian safety, liability improvements in december the board approve the first plan, 26 million for the next five years worth of projects. We have already started with allocations last december, thats why our expenditures are zero, we just started. There is one on your agenda today. This is meant to deliver projects quickly throughout the neighborhoods; only funds design and implementation and we expect report project progress. I will take a break on this; it offers a fantastic summary. One of the things that i want to reiterate from jose luiss comments and the chairs comments are partnerships, partnership with folks we dont normally work with. The first has to do with longrange planning and policy documents
Agencies, is in no small part to the leadership of the board. If you want to add something, dive in. As you all know we are climbing out of the deep financial recession. We have revenues that are eight percent higher than last year read use, other funds have come to pass such as the prop 1 an and 1b funds form the state, letting prop k funds be spent later. We have not had to issue longterm debt which keeps more money for projects and we continue to rely on a shortterm commercial paper program. This is a very highlevel summary of the allocations and expenditures made from the prop k sales tax rpogram. Detailed report on pages 4647. The total allocations, 83 million, close to 1 billion to date. As i mentioned here, the red numbers of the difference between applications and expenditures which is the lag i talked about. The next few slides will provide highlights of some of the projects and programs being delivered through many of the different fund sources that the programmer we prioriti
Enacted in december, brandnew vehicle registration fee; street repair, pedestrian safety, liability improvements in december the board approve the first plan, 26 million for the next five years worth of projects. We have already started with allocations last december, thats why our expenditures are zero, we just started. There is one on your agenda today. This is meant to deliver projects quickly throughout the neighborhoods; only funds design and implementation and we expect report project progress. I will take a break on this; it offers a fantastic summary. One of the things that i want to reiterate from jose luiss comments and the chairs comments are partnerships, partnership with folks we dont normally work with. The first has to do with longrange planning and policy documents , which are important a big feature last year, the regional sustainable strategy, and Regional Transportation Plan also known as rtp scs. For the new commissioners who didnt have to suffer through the acronym
Enacted in december, brandnew vehicle registration fee; street repair, pedestrian safety, liability improvements in december the board approve the first plan, 26 million for the next five years worth of projects. We have already started with allocations last december, thats why our expenditures are zero, we just started. There is one on your agenda today. This is meant to deliver projects quickly throughout the neighborhoods; only funds design and implementation and we expect report project progress. I will take a break on this; it offers a fantastic summary. One of the things that i want to reiterate from jose luiss comments and the chairs comments are partnerships, partnership with folks we dont normally work with. The first has to do with longrange planning and policy documents , which are important a big feature last year, the regional sustainable strategy, and Regional Transportation Plan also known as rtp scs. For the new commissioners who didnt have to suffer through the acronym
We have negotiated a letter of credit; there is a significant cost savings, just under 1 Million Dollars a year that are now available for projects. We have had a big office move; congratulations to cynthia and her staff. If you have not looked at the window recently it is converted to residential use. Last but not least i want to reiterate what jose luis and the chair have said about the leadership of the board; and more more about the public and private partners. A huge thanks to the wonderful staff past and present and our interns who have done amazing things. I want to mention Anthony Adams who created interactive maps. You can find the project, cost phase and completion. We expect this to go live next month. Thank you. Thank you for your presentation; the interactive map something and fantastic; i look forward to seeing that. Can you tell us where the map will be located . On our website, www. Sfcta. Org. Okay thank you again for your presentation. Executive director lombardo. We