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[gavel] good morning everybody and welcome to San Francisco board of supervisors budget and finance Committee Meeting for wednesday june 22, 2016. My name is mark farrell im sharing this committee. Im joined by supervisor katie tang and norman yee and jane kim. Scott weiner is joining shortly. I want to thank linda one clerk of our committee as well as sfgov tv for covering todays meeting. With that mdm. Clerk any announcements yes. Please silence all cell phones electronic devices. Complete spe...

Supervisor wiener. I agree when you forward a program there maybe an expectation of continuation of the program of the program and we do this every year and senior meals and hiv services and rental subsidies and there is no guarantee it will. Beyond year one or two and beyond the years. So to say its a reason to question funding Free City College today because there may not be Adequate Funding in the future and that is true for many things that we you understand fund and the average taxpayer und...

[gavel] good morning everybody and welcome to San Francisco board of supervisors budget and finance Committee Meeting for wednesday june 22, 2016. My name is mark farrell im sharing this committee. Im joined by supervisor katie tang and norman yee and jane kim. Scott weiner is joining shortly. I want to thank linda one clerk of our committee as well as sfgov tv for covering todays meeting. With that mdm. Clerk any announcements yes. Please silence all cell phones electronic devices. Complete spe...

Give a warm welcome to mayor ed lee, San Francisco Unified School District [inaudible] and mayors 2016 teacher of the year award winners. Mr. Mayor. Thank you runel you are such a lead er in our community. Thank you to the San Francisco ginets and all of you who support the teacher. I want to thank deputy superintendent gureeo, the supporters and principle of the year awardees joining me to honor this years winneroffs the mayors teacher of the year award [applause] it is my pleasure to acknowled...

City manager please call item number one item number one is the hearing on the citys financial position and requesting the mayors budget director and the controller to report thank you. This item will be continuing all the time in case something comes up we have nothing in today so i will continue this item. With that will first take Public Comment. Anyone wishing to comment on item number one . Seeing none, Public Comment is closed. [gavel] denied a motion to continue item number one . Seeing n...

And im dominic chu sitting in for wilfred frost this morning. U. S. Stocks are on their strongest threeday rally since the turmoil in august. The dow and the s p up more than 5 , the nasdaq gaining around 6. 5 . This is the First Time Since october of 2011 that the s p 500 has rallied at least 1 in three straight sessions. U. S. Equity futures right now pointing to what could be perhaps a little bit more of a modest pause well call it. Its early. Were not really moving anywhere. The s p, dow, an...

Support as the Campaign Shifts to dozens of other states set to hold primaries and caucuses in the coming weeks. Weeks. Turning to the democratic race, vermont senator Bernie Sanders will easily take tonghts primary. This was a state clinton won during her unsuccessful 2008 campaign, but was unable to repeat that performance tonight. The candidates themselves are only beginning to respond to tonights results. Results. For more on that, we turn to fox 28 news anchor and host of iowa in focus kevi...

The occasional breeze due to a few short waves moving through into the weekend. High temperatures today are still featured in the upper 40s and lower 50s but a gradual increase in temperatures to slightly above normal is on track for the weekend. Then to the mid and upper 60s into the next work week. Breezy conditions and perhaps a slight build up in clouds but a chance for rain or snow will owner says its because he for about 6 hours last night metros Communications Center was down. If you call...

The occasional breeze due to a few short waves moving through southern nevada. Mainly sunny to partly cloudy skies will be common throughout the rest of the work week and into the weekend. High temperatures today are still featured in the upper 40s and lower 50s but a gradual will be very pleasant with highs starting in the upper 50s, moving to the low 60s and then to the mid and upper 60s into the next work week. Breezy conditions and perhaps a slight build up in clouds but a chance for rain or...

Were presuming that everything is too high until proven innocent. At one point today precisely at 11 43 a. M. We saw sheer, raw, panic. The kind you get when investors just capitulate because they cant take the pain. The the house of pain any longer. It seemed like a crescendo selloff, thats what i like to call them as the averages rebounded in the afternoon and the dow slipping four points and the s p advancing. 1 and if we get the wrong employment number tomorrow, too strong or too weak, i thi...