Welcome to the sfmta online budget open house top to ask a question about the key transportation decisions to be made for fiscal years 2021, 2022. Call 415 6462222 [speaking foreign language] good evening im Jeffrey Tumlin San Francisco director of transportation. Welcome to the sfmta Budget Online open house. I know that this is very difficult time for all of us as the coronavirus situation unfolds. Were all thinking about how we keep ourselves and family safe, how we deal with our children at home and how to prepare for the financial consequences unfolding all around the world. Im grateful that you joined us at this time. We understand the challenge of having budget conversation given Everything Else that is going on. Yet, in order for Government Services to continue, Government Agencies need to have a budget. Were mandated by the San Francisco charter to submit a budget to the mayor of San Francisco and the board of supervisors by may 1st. A budget that is rooted in this agencys val
2022. Call 415 6462222 [speaking foreign language] good evening im Jeffrey Tumlin San Francisco director of transportation. Welcome to the sfmta Budget Online open house. I know that this is very difficult time for all of us as the coronavirus situation unfolds. Were all thinking about how we keep ourselves and family safe, how we deal with our children at home and how to prepare for the financial consequences unfolding all around the world. Im grateful that you joined us at this time. We understand the challenge of having budget conversation given Everything Else that is going on. Yet, in order for Government Services to continue, Government Agencies need to have a budget. Were mandated by the San Francisco charter to submit a budget to the mayor of San Francisco and the board of supervisors by may 1st. A budget that is rooted in this agencys value. We understand that even if the mayor decides to use the Emergency Declaration to extend the deadline of our budget, we still need an adop
Earlier, it was down 12 . As the deadly pandemic expands to every state in the nation now and the president shuts the northern border with canada, the death toll has ticked up to 97 in the United States. Let us start looking through a whole bunch of different sectors here. How low will oil go. The rout at this hour in the aftermarket is pretty brutal. We are down 19. 2 and we do have it at 21. 78 a barrel. It settled lower than that at 20. 37 per barrel just a half hour ago. Crude has lost 56 over just the last ten days. That is the worst tenday trading stretch since the futures contract launched back in 1983. As we speak, we should tell you the senate is expected to begin voting on the 100 billion phase two coronavirus bill. Heres what we know it includes. Free coronavirus testing, funds for state Unemployment Insurance and paid sick family and medical leave for employees and Small Businesses. We will take you to capitol hill to get the vote tally when it begins and we will try to do
Trying to find out a way of funding if we spread it out too thinly, but which could support advertising if our board approves. In the short run, we are making sure that we are eliminating driver renewal fees for the extent of the Health Emergency. Drivers can continue working out on the street without paying their renewal fees while were in this Health Emergency. Its the least that we can do in order to support our operators. Were also thinking about if we can waive the taxi fees for the next two fiscal years, given the huge impacts being felt by our taxi operators. Those are things under discussion outside of our budget but which we would likely do. Im going to shift my bicycle gear and move on and talk a little bit about the Golden State Warriors. During this last fiscal year the chase arena was open and we were successful in that opening because this agency partnered with the Golden State Warriors and provided excellent transit and Parking Management and curb management. One of the
[speaking foreign language] good evening im Jeffrey Tumlin San Francisco director of transportation. Welcome to the sfmta Budget Online open house. I know that this is very difficult time for all of us as the coronavirus situation unfolds. Were all thinking about how we keep ourselves and family safe, how we deal with our children at home and how to prepare for the financial consequences unfolding all around the world. Im grateful that you joined us at this time. We understand the challenge of having budget conversation given Everything Else that is going on. Yet, in order for Government Services to continue, Government Agencies need to have a budget. Were mandated by the San Francisco charter to submit a budget to the mayor of San Francisco and the board of supervisors by may 1st. A budget that is rooted in this agencys value. We understand that even if the mayor decides to use the Emergency Declaration to extend the deadline of our budget, we still need an adopted budget as a Referen