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timing. 100 to $2 billion, if we borrow at 5%, that $100 million affects the average monthly bill about $1.82. to put that in perspective, if you want to add or subtract $1 million from any single year, that would change the average monthly bill about $1.80. >> $100 million? >> $100 million a project. that is because we are spreading it out over 30 years. >> are you looking for the commission to give your feedback with respect to the rate increases, is this just informational? >> it is an informational today, but it is meant to help us, as you start talking about services this aftern...

that would change the average monthly bill about $1.80. >> $100 million? >> $100 million a project. that is because we are spreading it out over 30 years. >> are you looking for the commission to give your feedback with respect to the rate increases, is this just informational? >> it is an informational today, but it is meant to help us, as you start talking about services this afternoon, when you think we need to pursue more aggressively or not. as you give us that feedback, the level of feedback is more difficult to say. i think a real impact is as we start to bring back the actual...

and% increase down to a 9% increase, you could temporarily shave off the cash-funded program by $4 million. if you look by 2017, just going from a cash-funded program from $43 million a year down to $39 million. the other way that you could go is you could ask us with operating budgets as well to say, hold the budget flat. we have held the operating budget last because of our extreme success, water conservation efforts and lower usage. that would be another alternative. all the models, we have always assumed, grow at that inflation rate. so we are not going to do than one year and ta...

while we have been able to project that we would be able to keep the rate changes to 10% or lower, there would be some things you would be able to do as policy-makers, and during that time, to help insure if your will was to keep it in the single digits, keep it lower, you could ask us to look at these options. these options are levers that we control, some that we do not. just to put that in perspective, in order to go from maintain -- and% increase down to a 9% increase, you could temporarily shave off the cash-funded program by $4 million. if you look by 2017, just going from a ca...

>> we are now returned from closed session. if you could make the report. >> ok. we are reconvened after closed session. i would ask my colleagues at this point in time, we had a number of items. number seven, no action, eight and nine were settled and number 10 there was no action. i would like to entertain a motion whether to disclose or not disclose what was dutssed in closed session. >> not disclose. >> the ayes have it. next item, michael. >> mr. president agenda item four, discussion and possible tooks authorize the general managers of san francisco public uti...