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Our policy will continue to be indexing the fares upward on the average of cost of living and inflation. This is important in order to allow fares to continue to increase with our costs and so that we dont artificially hold fares flat and then be forced to have a massive increase every few years. A modest increase every year is more helpful. All of this is in the context of however we shape the next new revenue measure. The next new revenue measure could ask what is the appropriate fare box return rate for s. F. M. T. A. And make changes there. We can continue to look specifically at who uses individual fare categories. Rather than increasing all fare categories at the same Percentage Rate we can make adjustments to allow Cost Increases to be more eckwetable and have equitable and a accumulatetor pass to the extent we are allowed to buy the agencies. Does that answer your qu ....
Right. We have a quorum. Obviously, these are unique times, as we could say. Given the Public Health recommendations issued by the department of Public Health and Governor Newsom and mayor breed have lifted the attendance of Board Members by telephone, directors rubke and torres will be participating by phone at my request. Caroline and others in the room here to assist with our City Attorney deputy City Attorney, susan cleavelandknowles. We will say, at the end, get through this together. I will ask Board Members to mute their phones. It sounds great right now, but if you want to speak, unmute the phones ....
Directors . I am hearing on tow you are comfortable with option two. There are three of us to speak here. That is what i was getting from that group moving in that direction. I am getting on the fare policy you are in the middle. Well maybe the director was on one side and director themingger was on the other. What i heard from the four was there was except acceptance of the premise and which option to use to fill it. One point to clarify with regard to the fare policy and indexes is the board has always had certain goals, equity being one of them, ease of access to the system. Those goals have always existed with regard to the fare policy. With regard to indexing the question is from all of our transit fares, are we increasing the revenues to match the cost of the labor and cpi . Within the proposals before you, you are meeting the spirit of the fare policy and hitting the revenue mark. The trigger of the cost is resulting in the need to collect more revenue from the fare media, diffe ....
Out. Didnt mean they were going to eep him. He had republicans and democrats and everyone in the room, the staff, crying because he told the story, im a threetime convicted felon. He was a he was an addict. He was saying he had not touched drugs or alcohol for a year. He gets to see his family again. He gets to see his child again. And hes now up to 22 an hour and hes so busy working he hasnt had the chance to relapse. Its stories like that that need to be part of our lexicon. Its part of the joy that conomic growth is moral. Because it helps and solves so many problems and particularly in our earlier slides. Where itch a where i have this absolute fixation on Retirement Security and our discussion of growing the economy and labor force participation. And technology. And incentives. Bringing that package all together so we keep our promises around Social Security and me ....
Phases of anyone who was able faces to anyone who was able to follow him. A sad day for all raider fans. Kenny stabler passed away and we will say artedly at age 69 reportedly at age 69. Such a sad day, sad news and then to have the conflicting information going back and forth for a while. Yeah. One of the strangest deaths that i have reported. You know, or probably anyone in the News Business because it was so on again, off again. Unfortunately it seems and appears to be true and has been confirmed now by several sources. Getting a few reports now. University of alabama reported and confirmed it. We have reached out to the raiders, they have not as of yet couple moments ago not confirmed it and we have reached out to Raymond Chester and phone calls into dave castper as well. We will have more that see story progresses. More from you in a little bit. Thank you. Now to todays ....