Page 2 - Cross Division News Today

Budgeted year so we had a two year budget every year. Were proposing in this budget that keith will tell you about to have 11 ftes next year and 14 ftes the following year. That assumes a fairly conservative projection we do the best to project the revenues in the coming years were we promise a modest growth of 2 percent and 1 percent after that. The c pi there for Consumer Index priced there every year and will weigh against our costs that is around the bensz for staff. That allows us to prop a...

Expenditures we have to pay off we have money sitting in the back to help to pay for that anything we cant pay for well issue debt to help with the costs. Thank you. Now if there isnt any more questions i im going to turn this over to my colleague thanks cynthia im mruld to present the draft 20142015 budget it the goals those are the 7 sub goals they stand the work program the idea of the support for the many recreational bodies you sit on and the more consistent project reporting and the servic...

Well see the extension built as well and the gary corridor in the capital definition is being supported were looking at general feasibility from an engineering standpoint as well as a financial standpoint. Treasure island represents an Exciting Initiative for our agency this refers to the System Design and development and eventually the chart idling transportation project. The third street phase 3 represents one of the ways were collaborating with the sfmta on Capital Projects and doing that wor...

Very little. Its limited to pretty much one party okay. Thank you. Colleagues, any other comments on the presentation soak seeing none, Public Comment is closed. We should take Public Comment on item 3 seeing none, Public Comment is closed madam clerk, this is an action item on item 3. Supervisor chiu. Supervisor cowen. Supervisor farrell. Absent commissioner walker. Supervisor wiener. This item passes please call item 4. The preliminary 20142015 an amendment a thought prop k this is an informat...

It only raises the cost of dealing with it later. Well, who better to break this down for us than your kramer chief economist comments bank . Thank you very much for joining us, young and 1st of all your reaction to this. Right, right. Well, this rate hike by 75 basis points yesterday was expected, expected boss expected by the market. And it was also clear that the center bank would not the announcer explicitly a father 75. 00 basis points increase. This is clear and that the, the fed said this...

Tax informing for the Transportation Authority back in 05 and 06 is the funds we had in fiscal year 09 and needing were slowing creeping up 4 to 5 percent and will be at our high point in n. Y. 20142015. As we see it right now, were expecting to grow over the next few years at this rate. In terms of expenditures we have 4 point plus Million Dollars for the bulk is in the pie chart our Capital Expenditure thats 215 million of costs representing 95 percent. And the majority of the cost fall into f...

None, Public Comment is closed. We should take Public Comment on item 3 seeing none, Public Comment is closed madam clerk, this is an action item on item 3. Supervisor chiu. Supervisor cowen. Supervisor farrell. Absent commissioner walker. Supervisor wiener. This item passes please call item 4. The preliminary 20142015 an amendment a thought prop k this is an informational item. Good morning, commissioners. What we have before you is a preliminary fiscal year 20142015 you recall this is our firs...

Treasure island represents an Exciting Initiative for our agency this refers to the System Design and development and eventually the chart idling transportation project. The third street phase 3 represents one of the ways were collaborating with the sfmta on Capital Projects and doing that work will be important and exciting this year. The Planning Division the Planning Division is charged with implemented this year what we adapted last year including the San Francisco transportation and the tra...

To leading a handful of projects the partnership with the yerba buena islands with the lead agency were developing a west ramp with caltrains and about to go out for construction work in the folsom offramps and tracking the use of our prop k funds especially we have numerous needs of investment for muni and other vehicles and guide ways. Ultimate indication and thank you, supervisor on the question on high speed rail were staying in coordination with all the recreational partners and locally ins...

Item byline item in addition to how the break up the capital costs and the administrative cost and attachment d is a line item description of how we came up with the estimates in addition to any projections we anticipate or any changes we expect to see coming up. This chart here is a pie chart of total revenue of the 20142015 budget. We expect to see a total of 1 hundred and 54 million. The revenues we have is our sales tax revenue a piece of information the sales tax revenue represents 80 perce...