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So they had a floor at which their budgets couldnt go underneath and that meant 10 states had to take a little bit more of a dive. This compromise means that the slow growth states will be giving up 1 percent of their budget each year for the next 3 years and then everything will be stabilized at that point and the 10 states, which california is one of, will be receiving additional funds over that time. Having looked at the spreadsheets its under a Million Dollars at its height so, you know, spread across california is it necessarily going to mean a lot of money for us in San Francisco. I thin...

Reduction and the 10 states all the states were hit by it. But the 10 states with growth actually took a kind of double hit because we had to hold harmless the states who have had no growth or low growth. So they had a floor at which their budgets couldnt go underneath and that meant 10 states had to take a little bit more of a dive. This compromise means that the slow growth states will be giving up 1 percent of their budget each year for the next 3 years and then everything will be stabilized at that point and the 10 states, which california is one of, will be receiving additional funds over...

Other states. California is one of the 10 states that actually has had more growth. When sequestration came into place is really the first time theres been a major Budget Reduction and the 10 states all the states were hit by it. But the 10 states with growth actually took a kind of double hit because we had to hold harmless the states who have had no growth or low growth. So they had a floor at which their budgets couldnt go underneath and that meant 10 states had to take a little bit more of a dive. This compromise means that the slow growth states will be giving up 1 percent of their budget...

Announcement when it finally hits the full senate and then on to the house. Wanted to remind everybody that this is the month that were having many meetings. We are having of course the meeting today, but next tuesday, the 10th, we will have the First Finance Committee Meeting that we have had in a long time. It will be to have the First Reading of our budget that will be going to the mayor. Then on the 23rd we will be having a full Commission Meeting that will be at born auditorium. Bridget will be sending out all the information, time, place, everything. That will be a full meeting to hear t...

Reduction and the 10 states all the states were hit by it. But the 10 states with growth actually took a kind of double hit because we had to hold harmless the states who have had no growth or low growth. So they had a floor at which their budgets couldnt go underneath and that meant 10 states had to take a little bit more of a dive. This compromise means that the slow growth states will be giving up 1 percent of their budget each year for the next 3 years and then everything will be stabilized at that point and the 10 states, which california is one of, will be receiving additional funds over...