Page 30 - Level Capital News Today

Utilities commission to order. Man, woman, and child chair. President courtney. Commissioner moran. Commissioner torres and commissioner vietor is expected shortly thank you. So the first item on the agenda is the approval of the minutes commissioners. Mr. President , i had one change one item needed a statement of the action taken okay. So as amended ill move the minutes. Anything else commissioners that will be the order and its been second. Any Public Utilities on the minutes 2013. Seeing non...

Comments . Will you come up the budget analyst has made a few recommendations to your budget. Why dont we go through your report and ask afterwards. Mr. Chairman and members of the committee. On page 5 of our report, we state that the recommended deductions, of the 1. 06 million and 706 are ongoing savings and 937 are onetime. And allowing an increase of 17. 1 of the departments 1415 budget. Our recommended reductions total 689,five 17, and in 1516, all of which are ongoing savings. My understan...

Report and ask afterwards. Mr. Chairman and members of the committee. On page 5 of our report, we state that the recommended deductions, of the 1. 06 million and 706 are ongoing savings and 937 are onetime. And allowing an increase of 17. 1 of the departments 1415 budget. Our recommended reductions total 689,five 17, and in 1516, all of which are ongoing savings. My understanding, supervisors that the department did concur or has concurred with our recommendations. However i want to point out on...

Membership broke out by active and vested and reciprocal members. Active members over a fiveyear period are still in a decrease from the level of active employees we had as members in 200809. And you can see the effects of the streamlining of the positions. Going through and coming out of that difficult period. We also show the active to retiree ratio and you see that its steadily declining but not as quickly over the last three years in the prior two years of this fiveyear snapshot. And you wil...

Does the department have comments . Will you come up the budget analyst has made a few recommendations to your budget. Why dont we go through your report and ask afterwards. Mr. Chairman and members of the committee. On page 5 of our report, we state that the recommended deductions, of the 1. 06 million and 706 are ongoing savings and 937 are onetime. And allowing an increase of 17. 1 of the departments 1415 budget. Our recommended reductions total 689,five 17, and in 1516, all of which are ongo...

And the actuary value is 16. 3. Again we dont have to make, we are investing more money than the actuary assumes we have and make it easy to meet the target of 7. 5. And we are making 14. 5 through the end of april. Not predicting a dive in the market, that will continue to compound itself. What happens once we invest more than the actuary assumes and hopefully make the gap larger, and that we are meeting the required return assumption, b bah because we are able to invest more than the actuary. ...

Vaulting. 57 . Nasdaq declined. Apple declined. Therefore, its taken the nasdaq down. Was Larry Summers that horrendous for stocks . Could he actually matter that much . No, but he sure is a catalyst. Let me give you the setup and the reasons why the market loved the fact that Larry Summers is absolutely not going to be the next Federal Reserve chair. The only thing that stands in the way of higher stock prices here is, washington. The war between the president and republicans drains everyone. B...

Metrics that we look at. And again as we do this process each year, we make adjustments that we are providing equitable access and focusing on the neighborhoods that are lower income and transit dependent. Let me jump in, i want to thank you and your staff for doing this analysis, julie chrisbon was leading the effort and we were meeting with transit justice people and directly with you and alicia inaudible as well. I want to say thank you for that effort. I like the idea of focusing on ontime p...

More than 700,000 people boarding, its a lot of people that we move around every day, and the one time when you have a bad experience is what resonates with you, and these numbers reflect by and large for the number of folks we are moving, we are doing so in a way that people are happy with. When we ask what do people want to see improved on muni. You can see kind of not surprising that the big ones are ontime performance and frequent service. But also cleanliness and crowding and reliability. A...

A bit yesterday in yield. As for crude oil which has been the key to the stock market of late, you can see we are down on the allimportant wti crude. Lets get to our road map this morning on squawk on the street. Markets set for a lower open. Even as gdp comes in above estimates. The fed outlines the end of that bondbuying program. Visa and mastercard both higher premarket after reporting results ahead of the streets expectations. Both companies citing higher volumes. One of the most high profil...