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That we saw yesterday, increasing concerns about whether or not the fed is going to raise rates in june. Does the fed threat then rally . I dont think. So im not going to speculate on when theyre going to raise rates. The bottom line is you know theyre going to raise rates. It could be june or september, next year. What the real important question is what are you doing in the fixed income market if the feds raise rates you . Know theyre going to go up. Its just a matter of time. And i get very, very concerned about the 3. 5 trillion that is sitting in fixed income mutual funds as i look forwar...

Good afternoon, everybody rk welcome to the San Francisco board of supervisors budged and finance Committee Meeting for april 27, 2016. My name is mark farrell, i will be chairing this committee. I am joupbed by our Committee Vice chair, supervisor tang tank, 94 man yee and supervisors 94 man kim. Madam clerk, any announcements. Please silence any cell phones and electronic devices. Speaker cards and any documents to be included as part of the file should be submitted to the clerk. Actions taken today will appear on the may 3, 2016 agenda unless otherwise stated. We have 3 items here, we will ...

Chairing this committee. I am joupbed by our Committee Vice chair, supervisor tang tank, 94 man yee and supervisors 94 man kim. Madam clerk, any announcements. Please silence any cell phones and electronic devices. Speaker cards and any documents to be included as part of the file should be submitted to the clerk. Actions taken today will appear on the may 3, 2016 agenda unless otherwise stated. We have 3 items here, we will be continuing the first two so we will be hearing from dcyf if you kault items 1 and 2 together and well continue them. Item no. 1, hearing to receive a budget updot from ...

May 20 agenda unless otherwise stated. Thank you mpt as we start our meeting i want to announce that todays meeting is broadcast on sfg tv by jesa larsson and jim smith. Item 1 is hearing to answer type 21 offsale license for west portal express. Thank you. We have a presentation from the police departnt and not sayingthank you, come forward. Usually in the bull pin isyou are up now. Good afternoon supervisors. Before we start if you can identify yourself sergeant [inaudible] San Francisco al unit. Thank you before we start the item there is one condition removed and that is number 2 so want y...

Everyone. Welcome to the San Francisco budget and finance Committee Meeting for april 27, 2016. Supervisor mark farrell i will be chairing this meeting. Im joined by supervisor katie tang. And supervisor norman yee . Madam clerk, any announcements . Yes. Please silence all cell phones and any speaker cards should be submitted to the clerk. Items acted on today will be listed on the agenda unless otherwise stated. Supervisor mark farrell madam clerk. Well skip item 1 until we hear from the board of supervisors office. Lets go to item two. 2. Clerk [hearing budget update Human Services agency fy...