By this committee to the Capital Planning committee to express our concerns specific to this bond and how the broad nature of the bond has ended with possible problematic ways for us as we oversee the spending of the bond. Would the controls office help us draft i think what we would like to do is have a memo from this committee to the Capital Planning committee to share with them the problems that we are encountering as a result of the broad structuring of the bond. Youre welcome to send a memo if you like. Im listening to your conversation and clearly we need to do a better job talking to you about the problematic design of this bond and answering these questions. I can rely the conversation youve had here to the Capital Planning committee, to brian and his staff and im looking at your march calendar, im not sure which item he would be reporting under . So city capital plan presentation is going to move to march 26th. Okay. So i can ask brian to address some of the questions specific
Citys chief resilience officer is a good resource. Hes sort of i dont want to say a toll collector but kind of organizer for a lot of the discussions. I think that would be helpful. And he will be here in march. We can bring it up at that point as well. Would you be up for writing a memo . Maybe the Controllers Office can help draft this. I guess do other members feel strongly that a memo sent by this committee to the Capital Planning committee to express our concerns specific to this bond and how the broad nature of the bond has ended with possible problematic ways for us as we oversee the spending of the bond. Would the controls office help us draft i think what we would like to do is have a memo from this committee to the Capital Planning committee to share with them the problems that we are encountering as a result of the broad structuring of the bond. Youre welcome to send a memo if you like. Im listening to your conversation and clearly we need to do a better job talking to you a
Point. As i say, brian strong, who is the director of the Capital Planning committee and the citys chief resilience officer is a good resource. Hes sort of i dont want to say a toll collector but kind of organizer for a lot of the discussions. I think that would be helpful. And he will be here in march. We can bring it up at that point as well. Would you be up for writing a memo . Maybe the Controllers Office can help draft this. I guess do other members feel strongly that a memo sent by this committee to the Capital Planning committee to express our concerns specific to this bond and how the broad nature of the bond has ended with possible problematic ways for us as we oversee the spending of the bond. Would the controls office help us draft i think what we would like to do is have a memo from this committee to the Capital Planning committee to share with them the problems that we are encountering as a result of the broad structuring of the bond. Youre welcome to send a memo if you li
From july 1st, 2010, through 2017 and 98 of the recommendations issued from july 1st, 2010, through june 30th, 2015, is just a testament to the work of the department and the seriousness they take from the audit work performed by our team. So of the 190 recommendations not implemented, which is only 37 or 1. 7 , they are more than twoyearsold. Generally because either its a major implementation or there needs to be some type of bargaining unit discussion before anything can occur. So thats the end of my presentation. Congratulations on passing the audit and thank you and your staff for the monumental amount of work that you do to keep the city on track. Thank you very much. I have a few questions i want to ask. Start with some of the deeper material you have in the report, i agree, excellent overview of whats going on. In terms of the nonprofit monitoring, you give us numbers of contractors who had findings which was a very low figure. Can you tell us something about the dollar value o
There. Retirement night 602 million , the headlines coming out fast and we will bring you some of the figures as soon as we get them. Erik wells fargo is one of the more consistent performers on wall street, beating earnings per share would be the seventh time in the seventh quarter. They are managing analyst expectations. The big issue for wells fargo is about the Net Interest Margin. The Net Interest Margin is almost 3 . Wells fargo among the biggest banks with the very best Net Interest Margin. The difference affects the Interest Rates between the Interest Rate at which you lend and borrow. And it was of the vacation but more or less what it works out to. And the second bank of the day jpmorgan being the first where we see an increase in the interest margin. Youre heading toward that fed rate hike whenever that happens and that will be good for banks but this gives us an indication that it seems that the banks of a slight bit more Pricing Power as we head toward the rate hike. Matt