Unraveling the dow gained 131 and s p inched up but tech, yes, the tech heavy nasdaq declined. 60 . I say get used to this this kind of volatility is now here to stay i think september is the month this whole new investors who believe that stocks only go up, i think they get a rude awakening. Sure, long term stocks do go higher they have. They tend to do so but not long run, were also dead short term, when they go down, they go down hard. Which is why you need some cash on the sidelines cash king to treat these pull backs as buying opportunities and not be afraid. With that in mind, whats the game plan for next week . Housing is among the strongest groups thanks to low mortgage rates. Thats how lenar could rally 40 . I dont want to hear this gain is fake because the Federal Reserve is propping up the economy. When you take that money to the bank, they dont care. In our reports on money and after the close and unfortunately, i think the easy money here is made even though i think its a
Move because of evacuations im darya folsom and im James Fletcher lets get right to the map lay out the scenario that were seeing this morning with fires burning down near santa cruz in eastern Contra Costa County out there near mount diablo in a course in the north bay as were seeing here the live pictures at a salon a county with the fire that is now prompting evacuations in fact a bill this morning, lets go live to will tran very close to one of the fire lines that they are working on trying to keep people out and people safe as we see properties go up in flames. Well. Were talking about farmland thats going up in flames right now and this one is getting a little too dangerous even for us and we want to bring you to the scene it is chewing up the land its marching down closer and closer to in the intersection them at Pleasant Valley road and sherry glen road. And you can clearly see it is going unimpeded because theyre not being stopped by the firefighters at all they have other thi
It is friday august 14th this is the appropriations and budget meeting im sandra fure. Fewer. Thank you for sf gov tv for broadcasting. Do have an announcement. In accordance with governor newsoms executive order no. N3320 declaring a state of emergency regarding the covid19 outbreak and mayor london n. Breeds proclamation declaring a local emergency issued on february 25, 2020, including the guidance for gatherings issued by the San Francisco department of Public Health officer, aggressive directives were issued to reduce the spread of covid19. On march 17, 2020, the board of supervisors authorized their board and Committee Meetings to convene remotely Via Microsoft teams and will allow remote Public Comment via teleconference. Visit the sfgovtv website at www. Sfgovtv. Org to stream the live meetings, or to watch meetings on demand. Members of the public are encouraged to participate remotely via detailed instructions on participating via you can call 14156550001 again 14156550001 me
Is that it, supervisor ronen. I remember the first meeting where trent came and we just were on the cusp of it and trent immediately pivoted. It was so crazy. It makes me sad to see this, but trent, i see you have 224 vacancies. I knew you would come to that. 224 vacancies and are those general fund vacancies . So, supervisor, none of our positions are 100 general funds. Either we charge them to a state or federal program and in some cases like a medicale would be federally funded. So because were the county designated Public Human Services agency, were able for every one of our employees, draw at least a portion of funding through federal and state sources. Its generally 40 issue, Nongeneral Fund for each position, yeah. And so its hard. When we say a hiring freeze, youre not hiring a medicale worker and even brings overhead. I think you understand. What i dont understand is that so many vacancies. Yeah, well, its a function of the hiring freeze, the modified hiring freeze, where we o
Major increases in the oec through the prop c opening, as you know, thats in the budget for 2021 and significant increase in our feeding in response to covid and that it will be included in the dos budget and the one Million Dollars increase for ihss is the wage increase and the impact on the general fund of that and given the economic downturn due to covid, we anticipate significant increase in our cash assistance programs in human services, specifically in county and assistance programs for adults and families. You can see the total of 19 million there and the bottom is our attempt to move thousands of people into subsidized employment through our jobs now, expansion to provide paid sick leave to employers in San Francisco so that their employees could take sick patients if they get ill. So next slide. And you asked in our presentation to lay out the fte count and we lay this out by department and you can see the bulk is in the department of human services, almost 1500 employee, dos,