Page 39 - Budget Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thanks. Anything else . Thank you. I would like to ask craig to present the Quarterly Financial reports. Good morning. I am here to give the Quarterly Financial reports and five in the package and following is a brief summary. The first is the budget actual report and through the end of the Second Quarter of the fiscal year we were within budget. Capital expenses were 36 of the capital budget. Operating expenses were 27 of the operating budget of the second report is the contract status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa ...

And we had a very well attended press event with private industry the mayor supervisor kim and many of the departments and agencies to announce that were now requiring at sfmta as i mentioned before all contractors at sfmta must offer a Training Program that is consistent with these standards. Where are we now . Were in the midst of finalizing our script. We have finished our major filming and over the next 6 weeks or so were going to be editing all of the video we have and adding animations and what not into what will eventually be a 15minute training video and sfgtv has been a tremendous res...

Operating expenses were 27 of the operating budget of the second report is the contract status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa has distributed 162 million to these groups over the life of the program. The third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. Some of our certificates of depoiseits and commercial paper matured since the report and in january and february. A portion of the proceeds have been moved to the mo...

February. A portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. The next report is the inception to date report and presents Capital Expenditures and revenues since the beginning of the program and the next is the Program Reserve and contingency status report. This report shows draws on the various contingencies and Program Reserve for Construction Contracts and change orders and thats my report and i will take any questions if you have them. Thank you. Great. Our next item is the budget revision schedule. We have been working wi...

Were going to be editing all of the video we have and adding animations and what not into what will eventually be a 15minute training video and sfgtv has been a tremendous resource and they are actually producing this and now that the shooting is complete sorry let me go back i want to acknowledge that what we decided to do while filming create a video for taxi drivers and additionally a training video for drivers of general Passenger Vehicles that could be used for city staff and literally while zack and hank and i need to acknowledge the huge amount of organization that hank had to go to to ...