Page 5 - Fred Clark News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nuru. Present. Director reiskin. Here. Director sartipi might be late too. Director kim. Here. You have a quorum. Is there any old business today. Seeing none. We can move to the directors report. Happy holidays. I received some good news. We got a review of the train box grant of what they do annually on how were doing with the report and its a good report. I can share it with the board if they would like to see it. There are a number of best practices they will recommend and the recent survey we commissioned to have a better survey in the construction market, the mitigation measures in place...

Good morning and welcome to the Transbay Joint Powers Authority board of directors meeting for thursday december 11. I would like to acknowledge the staff at sfgovtv that made it through the rain and everyone else in attendance and John Stockhouse and Jessie Larsen that make the meetings available on line and the transcripts. Lets take roll call please. I will note for the record that director lee will not be present. With that director nuru. Present. Director reiskin. Here. Director sartipi might be late too. Director kim. Here. You have a quorum. Is there any old business today. Seeing none....

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 money market move funds for payment and the remainder was reinvested. The next report is t...

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 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 ...

I have to confess i havent really thought about it. The chief Financial Officer prior to us really having much in the way of financial work was Ed Harrington because he was the controller of the city and county of San Francisco and there was very little in the way of accounting transactions. We had because we were a sub grantee to muni they were the accountant so to speak so we had an excel Accounting System and little for ed to do. Once a month we would sit with him and he would look at our journal entries and he would sign off on them. As activities picked up we implemented our own Accountin...