Page 2 - Stablization Fund News Today

Our membership and we value all the hard work that you all do. So, thank you and happy new year. President scott thank you very much. Any other Public Comment. Hearing and seeing none, the next item. Item 4, discussion item, directors report, acting executive director griggs. Board report for the december work, so we are in january, but looking back and highlighting the december work, and we are in the mode of thanking everyone, i want to thank the board for this opportunity. Its been a challeng...

Previous years, its starting to increase again. So the plan has an increase in revenues but they are not growing fast enough to keep pace with the increases in expenditures. The projected deficit is primarily driven by increases in wages. Employer pension contributions and Rising Health costs. Other areas are voter approved baselines and setasides with spending requirements. And shifting of the inhome support services from the state to the city. Areas of uncertainties that could impact the citys...

Lessee attrition. Funding is provided for the anticipated cost of living increases for most employees, in line with the c. P. I. The third is departments should consider longterm savings and cost avoidance initiatives. Fourth, align with the following vision areas outlined in the citywide strategic plan. They are resident and families that thrive, clean, safe and livable communities, diverse equitable and inclusive city. Excellent city services. And a city and region prepared for the future. Mos...

Is related to city services, if we can attract and retain employees, of which our benefits are part of, we dont need that, strategic principle. The other instructions are participate in the citys Talent Development programs. Foster Community Engagement in the Budget Development process. Consider independent reviews and audits when developing the budget submissions. And the next steps are on february 8th, we will be presenting the proposed 1819, and 1920 budget for your approval. The key of the d...

Are part of, we dont need that, strategic principle. The other instructions are participate in the citys Talent Development programs. Foster Community Engagement in the Budget Development process. Consider independent reviews and audits when developing the budget submissions. And the next steps are on february 8th, we will be presenting the proposed 1819, and 1920 budget for your approval. The key of the date is that by charter we have to turn in our budget on february 21st, and therefore, witho...

Approval with possible modifications of the meeting set forth below, regular meeting of april 14, tweplt 16. I move to approve. Theres been a motion to approve the minutes. Second. And its been properly seconded. Any comments from any of the commissioners . Is there any Public Comment . Seeing no Public Comment, we are now ready to vote. All those in favor signify by saying aye. All those opposed . Motion is carried unanimously. Item 2, general Public Comment on matters within the boards jurisdi...

Country. That can be addressed by providing culturally sensitive pathways to college. Within the context of philipino culture youth will receive College Degrees and are able to maximize their earnings potential within the work force, can help lift their own immediate family out of poverty as well as start their even few fuer families on the right foot, thereby breaking the cycle of poverty thats prevalent in our community and well in the city. As you are already aware, San Francisco is one of th...

You would ever be able to use. Its very large. Thank you. Okay, anybody else wish to comment on item 18 . Seeing none, Public Comment is closed. Supervisor avalos. Just one more question perhaps for mr. Masery. We have 150 for extra net and 50 for verizon and then we heard two other carriers, mobility and ground castle. Do we expect to see many, many more companies coming in as well to make installations, to extend their networks, is this the tip of the iceberg, what do we expect moving forward ...

Questions, colleagues . Thank you, we havent heard from the budget analyst yet but im looking to make an amendment based on the input from miss delrosario so we have a report from our budget analyst. Yes, mr. Chairman, supervisor avalos, on page 27 of our report we state the Soma Community Stablization Fund currently has an available balance of 10. 3 Million Dollars as shown in table 4 and the available balance will be reduced to 9,805,576 if the board of supervisors does approve the proposed al...

Approval of these items and welcome any questions you may have. Okay, thank you, miss whitly. Colleagues, no questions at this time. Mr. Rose, can we go to your report, please . Mr. Chairman, members of the committee, on the bottom of page 19 we note the assessor will expend about 2,570,000 in 1415 and 1617 and all of the grant funds and matching funds will be used to cover the salaries and benefits for the 9 newly created staff positions. We also note on page 20 of our report that the source of...