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And the second frankly is that the Decision Making process about appropriating funds from the reserve to the district is now resting with the mayor and the board of super visors so certainly that was the intent of the original language, but that is something that the city has you know, the willingness to revisit and change. Thats some of the discussion thats taking place now. The possible changes. One is that there would be two separate reserves created so right now instead of having the one plot of funds in the rainy day reserve, that there would be a split of the one reserve into two reserve...

The second thing i had a question on and we didnt talk as much about it, but in the beginning you say here actually the very first thing, move from decentralized site based technology purchasing to a centralized purchasing and budgeting strategy. Id like to know more about what that means in terms of sites and how quickly they can move on things. With this, is there some concern or what are we doing around ensuring that sites are supported with the need that they have as quickly as possible around purchasing, you know, and there may be things now where theyll go out and get it. I know that cre...

Percent of the current balance and the district would receive 25 percent. And then if the say if and when the city in any year where they would make an additional deposit to the reserve then the same per centages would apply. In other words, we would use the funds to avoid lay offs rather than rescinding lay offs and thats proving to be a very process. The second change is who decides whether a draw should be taken. This change would allow the board of education without needing approval to decide to take a draw under certain conditions. The third change is that all of this is subject for the b...

Deputy superintendent. Were going to press our luck with a third powerpoint presentation. We know how you all love powerpoint, but this is going to be a brief presentation. At least its only six slides long, so hopefully it wont take terribly long, but we did want to do a couple of things this evening, just the latest in a series of discussions that weve been bringing information to the board about renewal effort for the Public Education Enrichment Fund so one is to provide a process update, kind of where things stands in the proceedings, especially over at city hall with respect to the drafti...

Reserve, but those would need to be made through a Charter Amendment which would require a voter approval. The process for that is because this is not a component thats related to any legislation thats been introduced, then additional legislation would need to be introduced by the mayor or supervisor, and that would need to happen by next tuesday. If it is introduced, then by the citys process, that language could be incorporated into a single ballot measure, along with peef and perhaps Childrens Fund and the childrens of family counsel as well. That remains to be seen. Just a recap of the pro...