Page 3 - Work Force Development Program News Today

Million alone and closer to now be a total of 883 million of essential Capital Improvements. We think of our capital as both essential. You have to do it in order to keep thing just running and the low cost power coming into city hall and funding all the street lights, the General Hospital and the muni. And then also there is a lot of other Capital Projects that youll hear about during our Budget Hearing that we would like to be able to do, but theres just not funding identified yet. So, youre g...

The pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can afford to. So, here again now, we fast forward two years three new pieces of information mean costs even larger than what we have ever assumed. Mountain tunnel was already in last years capital plan [speaker not understood]. It was in it for ...

We started holding these community meetings, we had some significant budget deficits. And in years past they were even worse. Now weve come through a lot of that and im thankful to all the Department Heads that are here because they worked very hard to work with me to find all the efficiencies, to make sure we balance that budget. Clearly, the members of the board of supervisors and today were focused on districts 1 and 4, but i want to thank supervisor mar, supervisor tang, and supervisor farre...

Power below cost, there just is not enough money to do all the things that are good and that we would want to do. And, so, the fiscal plan for the pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can afford to. So, here again now, we fast forward two years three new pieces of information mean costs...

90 million, 30 million each from programs that we really want to do. But if we continue to provide power below cost, there just is not enough money to do all the things that are good and that we would want to do. And, so, the fiscal plan for the pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can ...

Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can afford to. So, here again now, we fast forward two years three new pieces of information mean costs even larger than what we have ever assumed. Mountain tunnel was already in last years capital plan [speaker not understood]. It was in it for the last several as far as the maintenance work, but ...

From 5 million down to 2 million go solar sf, cut energy sufficiency, cut City Renewables on city buildings, 90 million, 30 million each from programs that we really want to do. But if we continue to provide power below cost, there just is not enough money to do all the things that are good and that we would want to do. And, so, the fiscal plan for the pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it...

Deferring 2 24 million ~ of other types of improvements. That 2 24 million of cuts included the assumed reductions from 5 million down to 2 million go solar sf, cut energy sufficiency, cut City Renewables on city buildings, 90 million, 30 million each from programs that we really want to do. But if we continue to provide power below cost, there just is not enough money to do all the things that are good and that we would want to do. And, so, the fiscal plan for the pucs power enterprise was bala...

Million deficit. We have a 7. 6 unemployment rate. This year and the next we do twoyear budgets, by the way. This year its about 123 million deficit for this next fiscal year. The following year of 1415, is about 256 million deficit. So, we plan for two years, but well meet every year just to talk through it. And then were doing really well on our employment. We have about a 6. 3 unemployment rate. So, its gone down another big percentage point. I want to keep driving that down. My goal is to ge...

Whole purpose of these budget town halls is to listen to our neighbors, our residents, to find out what you think matters in our city. I just wanted to put a little backdrop that a year ago when we started holding these community meetings, we had some significant budget deficits. And in years past they were even worse. Now weve come through a lot of that and im thankful to all the Department Heads that are here because they worked very hard to work with me to find all the efficiencies, to make s...