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Finding one, San Francisco Employee Pension fund is current underfunded by more than 2 billion. I would agree, i think suggests that. Madam clerk, are you following us as we did through in finding one we disagree with. Finding 2, the retirement board did not complete a failure absences subsequent to the funding loss in 200809. I mean theres kind of two ways you could go here. If you buy into the grand jurys concept of what a failure analysis is, sure you could agree with that. But having served on the board, analysis of what happened. Did it meet your definition of failure analysis . Maybe not...

City of San Francisco sfgtv meeting of the board of education occurring october 23, 2012 will begin shortly. The city of San Francisco sfgtv meeting of the board of education occurring october 23, 2012 will begin shortly. This is the regular meeting for the board of education for october 23rd october, 23012, is called to order. Commissioner fewer. Here. Miss maufus . Here. Miss mazzucco and dr. Merasi . Present. Miss wynns . Dr. Murase . Here. Thank you. Mr. Yee . Present. Thank you. And miss wong here. And miss ly. Here. I would like to stand up and joint us for the pledge of allegiance. Okay...

Okay. Mr. Mayor good morning everyone. I am mr. Alva residence and the director of the Housing Authority and today mayor lee will be announcing one of the most extraordinary funding announcements in the history of my 26 years in this business to ever occur. Today were going to get twins. Were going to get the mayor is going to talk about two Choice Initiative Planning Grants, this i believe culminates the mayors leadership, cements the idea for hope sf and restores hope to hope sf and we have resident leaders here, the commissioners. I want to be clear this is a priority for the Housing Author...

Okay. We are going to we have a fairly nice agenda for today and hopefully we will zip there it. Item a, approval of board minutes of may, 8, 22, october 9ed. Any objections . Seeing none . Mr. Yee. Yes. Miss fewer. Yes. Maufus, yes. Miss norton. Miss wynn . Aye. And mr. Yee. Aye. Item b. Presentation of the board of education superintendant report. Superintendant carranza . Thank you, members of the board and the public and good evening this evening and i am very excited to say thank you for joining us and as you can tell, we are very, very excited because before i shared my thoughts for the ...

Allegiance. Okay. We are going to we have a fairly nice agenda for today and hopefully we will zip there it. Item a, approval of board minutes of may, 8, 22, october 9ed. Any objections . Seeing none . Mr. Yee. Yes. Miss fewer. Yes. Maufus, yes. Miss norton. Miss wynn . Aye. And mr. Yee. Aye. Item b. Presentation of the board of education superintendant report. Superintendant carranza . Thank you, members of the board and the public and good evening this evening and i am very excited to say thank you for joining us and as you can tell, we are very, very excited because before i shared my thoug...