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Hi. My name is carmen chiu, San Franciscos elected assessor. When i meet with seniors in the community, theyre thinking about the future. Some want to down size or move to a new neighborhood thats closer to family, but they also worry that making such a change will increase their property taxes. Thats why i want to share with you a property tax saving program called proposition 60. So how does this work . Prop 60 was passed in 1986 to allow seniors who are 55 years and older to keep their prop 13 value, even when they move into a new home. Under prop 13 law, property growth is limited to 2 gro...

Second. Any changes . All in favor. Any opposed . Thank you. The motion carried. Item 4. Sure reason miwelcome. Good morning, commissioners, i am going to start with the federal update, and last week the dignity and aging act was passed by na unanimous act. The federal Older Americans ability expired september 30th which i have been talking about provides vital communitybased services to 11 million adults and care givers each year. What the house passed was to extend five years, two years longer than the prior authorization. They provided a 7 increase the first year and 6 each year, totaling 3...

Ahead of employee recognition. Thank you. With that change, may i have a motion to approve the agenda. So moved. Second. All in favor. Any opposed. Thank you. Item 3. May i have a motion to approve the october 2, 2019 Meeting Minutes . So moved. Second . Second. Any changes . All in favor. Any opposed . Thank you. The motion carried. Item 4. Sure reason miwelcome. Good morning, commissioners, i am going to start with the federal update, and last week the dignity and aging act was passed by na unanimous act. The federal Older Americans ability expired september 30th which i have been talking ab...

All in favor. Any opposed . Thank you. The motion carried. Item 4. Sure reason miwelcome. Good morning, commissioners, i am going to start with the federal update, and last week the dignity and aging act was passed by na unanimous act. The federal Older Americans ability expired september 30th which i have been talking about provides vital communitybased services to 11 million adults and care givers each year. What the house passed was to extend five years, two years longer than the prior authorization. They provided a 7 increase the first year and 6 each year, totaling 35 increase over five y...

A couple of big stories this morning. Peloton pricing the ipo. Price tag at 29 a share raising about 1. 6 billion now valued at roughly 8. 1 billion makes about a billion in revenue but loses 245 million annually. Now under the ticker pton. The peloton ceo will join us live this morning. If you have questions sen them in peloton. 245 million in losses well talk about the math of that and where they see profits and what it all means. Does anyone know about the treadmill . I do. It is expensive. It is about 4,000 the bike is about 2,000 plus. I have one. The bike is quite a piece of equipment. I...