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SFGTV May 19, 2014 - Vimarsana News

SFGTV May 19, 2014

How did this particular structure evolve . We talked about this and what some of the features that were problematic to the district. That if we were going to make any changes like splitting up the reserve, wed also change the first and foremost of those changes regarding the lay offs. For that matter, allowing the majority to change the conditions. Those actually came from the controller as well through sort of a brainstorming discussion and, you know, i think those are those would be very favorable to the district so i was happy to agree with those suggestions on his part. I think those are t...

SFGTV May 14, 2014 - Vimarsana News

SFGTV May 14, 2014

Much restrictions for how they could take it out, its been growing so that 25 percent, once weve established our eligibility for that certain year has been a lot and certainly in the years we were most desperate because with the budget issues, so i dont why should there be a restriction on how much we could take in one year . I do understand that should this language as proposed go through, we could change that rule 2 3 of the board could change that rule so maybe we want that limitation of 50 percent in any one year because its sort of a its kind of a restriction on us that keeps us sort of a...

SFGTV May 24, 2014 - Vimarsana News

SFGTV May 24, 2014

Is one change, but in technical terms, that would be less than 25 percent of the whole balance in the rainy day reserve, but at least there would be certainty about that. Thats why we think there would be less money. Thank you. I want to follow up on that. This is where my antenna goes up because i want to make sure we thought through the whole thing. Clearly there are people that beyond the Rating Agency issue think this is a better situation for them. So i mean, i havent i have to confess and i havent read through your whole memo that you sent us so you may have done this, but it just seems ...

SFGTV May 26, 2014 - Vimarsana News

SFGTV May 26, 2014

[inaudible] or whether or not we would be getting [inaudible]. Not in the materials that i went through tonight, but yesterday i sent an email with scenarios and calculations to you. Its hard to tell because its speculative. We dont know what the among other things, we dont know what the policymakers of the city would do in the future, including the near future about making draws or appropriations to the district under the current language so its part of this depends on one zone predictions about how likely and for how long the city would continue to appropriate funds from the rainy day reserv...

SFGTV May 18, 2014 - Vimarsana News

SFGTV May 18, 2014

Supporting the amendment. I think one of the toughest tasks the members have had has had to do with lay offs. Really just a terrible situation and so your first bull let bullet point, im very interested in seeing that change. I think if we think about the lay off process that weve had to go through in the past years, its very cruel and unusual punishment for or valuable assets so im interested in making this charter amendment. Commissioner [inaudible]. I had a question. Go ahead. Were you going to two questions. One, do we know who would introduce this next week . Ive had some discussion with ...