The cost, protecting all Vulnerable Properties may be cost prohibitive and the city may be forced to consider a strategy of managed retreat, meaning in the simplest possible terms the ocean wins and people will have to move. Maybe we cant protect all of them, but we can protect some of them. If we lose ground, i mean yeah, well have to plan for maybe one lane of west cliff. Reporter its the just west cliff drive. This map shows neighborhoods east of the boardwalk at risk as well including sea bright and twin lakes. Its unlikely, however, homeowners give up without a fight. I think people who live here, who realize the beauty of this place are really going to do everything they can to rebuild, if possible. Reporter how much time does any of the threatened properties have . Impossible to say. The science is increasingly clear. There is a storm gathering in strength growing. Sea level rise and coastal erosion affects communities throughout the bay area including, of course, San Francisco.
On slide two here, as ms. Homs stated, our responsibilities under generally accepted auditing standards and government auditing standards is to consider internal control. We do not do an audit over internal control. But in accordance with government auditing standards were required to consider it. Should something come to our attention, we are required to report it to you and nothing came to our attention that would merit that level of reporting. We design and implement our audit providers to gain reasonable assurance that the Financial Statements are free from material misstatement and also in accordance of government auditing standards we have to consider the entity of compliance with laws and regulations as it relates to these Financial Statements and we opine on the Financial Statements based on the results of our test work. We issued two reports over the Financial Statements and unmodified or clean opinion on the entities, water, waste water and hetch hetchy water and clean power.
Our objectives for water supply adopted in 2008 by the commission is to survive a specific eight and a half year plan scenario from 1987 to 1992 followed by 197677 backtoback with no more than 20 rationing. Theres a lot in that and that means at the end of the drought were down to zero water. Thats survival. Thats not being able to do anything else in the future. Thats a whole other question but thats the basic scenario. And its shown graphically here we start out with 1. 68 million acre feet and then you see along the bottom line theres a series of fiscal years with 86 to 76, 77 following that. The blue line shows the decreasing level of storage through the end of the year. As we got to Different Levels of storage available to us because ours say storagebased system, you end up with a new level of rationing as it gets worse and worse. Interest in the middle of 1988 we go to 10 rationing. In the middle of 1990, 20 rationing and this goes to 25 rationing because we still have a small bi
Auditing standards and government auditing standards is to consider internal control. We do not do an audit over internal control. But in accordance with government auditing standards were required to consider it. Should something come to our attention, we are required to report it to you and nothing came to our attention that would merit that level of reporting. We design and implement our audit providers to gain reasonable assurance that the Financial Statements are free from material misstatement and also in accordance of government auditing standards we have to consider the entity of compliance with laws and regulations as it relates to these Financial Statements and we opine on the Financial Statements based on the results of our test work. We issued two reports over the Financial Statements and unmodified or clean opinion on the entities, water, waste water and hetch hetchy water and clean power. Not listed here but it is on the next slide. And we also issue a report on internal
For those that have seen the Hetch Hetchy Reservoir its severe but it got worse the next year theres just not a good picture of that compared to this one. Those are conditions we hope not to see again. Our objectives for water supply adopted in 2008 by the commission is to survive a specific eight and a half year plan scenario from 1987 to 1992 followed by 197677 backtoback with no more than 20 rationing. Theres a lot in that and that means at the end of the drought were down to zero water. Thats survival. Thats not being able to do anything else in the future. Thats a whole other question but thats the basic scenario. And its shown graphically here we start out with 1. 68 million acre feet and then you see along the bottom line theres a series of fiscal years with 86 to 76, 77 following that. The blue line shows the decreasing level of storage through the end of the year. As we got to Different Levels of storage available to us because ours say storagebased system, you end up with a n