Minister to reagan administrator reagan and collies, welcome to this hearing. I want to welcome the epa chief Financial Officer who is going to be a minister who is joining the administrator. Climate chaos is here. We are seeing the impact everywhere. The longer fire seasons, the more intensity the fires. The increased snowpacks and the impacts they have on the rivers and irrigation waters, the more Severe Weather events of the atmospheric rivers we have heard about on the west coast this year to warmer algae infested lakes across the country to dropped droughts and record shattering heat waves. Every part of the world is experiencing bees impacts and the damages the damage is staggering and is going to increase exponentially unless we act decisively. I believed to meet this moment, we have to accelerate our transition from fossil fuel energy to Renewable Energy and we have to tackle that crisis from the supplyside of fossil fuels as well as the demandside. This is why i adamantly oppo
Half. The subcommittee will come to order and i ask for unanimous consent to share be authorized to declare a recess at any time. Without objection so ordered. I want to briefly review the three commandments of the subcommittee. One is that we shall start on time which we just did so thats good. We will enforce the five minute rule that if time allows we will entertain a second round of questions, and it often does. But i bring this up i want to stress the third which is shall not use acronyms or jargon that is particularly important in this discussion because the discussion about ai can quickly generate were degenerate into jargon laden discussions with three true experts on the topic but dont assume your average member of congress or dont understand i dont assume i understand the nuances when you get into ai. We want to have a discussion with your average american to understand today. We are asking you to demystify a lot of the concepts surrounding aia and the thing about the topic t
Half. The subcommittee will come to order and i ask for unanimous consent to share be authorized to declare a recess at any time. Without objection so ordered. I want to briefly review the three commandments of the subcommittee. One is that we shall start on time which we just did so thats good. We will enforce the five minute rule that if time allows we will entertain a second round of questions, and it often does. But i bring this up i want to stress the third which is shall not use acronyms or jargon that is particularly important in this discussion because the discussion about ai can quickly generate were degenerate into jargon laden discussions with three true experts on the topic but dont assume your average member of congress or dont understand i dont assume i understand the nuances when you get into ai. We want to have a discussion with your average american to understand today. We are asking you to demystify a lot of the concepts surrounding aia and the thing about the topic t
Half. The subcommittee will come to order and i ask for unanimous consent to share be authorized to declare a recess at any time. Without objection so ordered. I want to briefly review the three commandments of the subcommittee. One is that we shall start on time which we just did so thats good. We will enforce the five minute rule that if time allows we will entertain a second round of questions, and it often does. But i bring this up i want to stress the third which is shall not use acronyms or jargon that is particularly important in this discussion because the discussion about ai can quickly generate were degenerate into jargon laden discussions with three true experts on the topic but dont assume your average member of congress or dont understand i dont assume i understand the nuances when you get into ai. We want to have a discussion with your average american to understand today. We are asking you to demystify a lot of the concepts surrounding aia and the thing about the topic t
Awesome. With that, well move into fiscal 2223ocoh Fund Annual Report and i believe ill turn it over to ivy. Ivy, if you would. We dont need to do roll call . Okay. Let me actuallyokay. So, good afternoon committee. As you know, we publish our fiscal year 2223 annual report yesterday, so im going to talk about how to navigate the site and some of the key take aways from the report we did. So, just to start, the Controllers Office is responsible for the administration of the our city our home oversight fund, and so as part of that responsibility we report on a few things, specifically the [indiscernible] and impact of the fund. Okay. So used to watching people up here. Okay. So, yeah, as i said, the Controllers Office is responsible for reporting on the use of the impact of the fund and so thats what is laid out here in the fiscal year 2223 annual report. Some of the key take aways are how the city budgeted and expanded the funds over a three year period, and we go into depth on expendi