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The meeting comes to order. First of all, we want to thank all of you for being here today and thank my friend Ranking Member cardon and his staff for the flexibility with the scheduling todays hearing. Its kind of interesting because ben cardon and i were are maybe three of the last remaining of the class of what was that . Yeah, 1987 chlt after the issue was behind us. This is beginning to be different. Were always together in friendship and in infrastructure. As this weeks infrastructure week, its good to highlight the critical needs we have in the country. Tomorrow the full committee will ...

This is a combination of rolling projects forward so the expenditures from the existing allocated projects whether you see in the blue box 40 percent of the cash in the early years 20152016 is from looltsz prongs the prop k sponsors have been slow to allocate the expenditures to balance that it has in some cases be able to spend other funds ramble the prop k this leads to refinancing the costs and funding for the projects so to note here over the last 5 years there was a spike in the first two years of projected cash flow and what the sponsors in 2009, 20142015 and theres a discrepancy before ...

Expenditures we have to pay and the Program Notification is 15 percent of the total expenditures including the operations reserve so the slide shows that the first and second year of each 5 year programs has dramatically higher than cash flows from the 5 year period this is a combination of rolling projects forward so the expenditures from the existing allocated projects whether you see in the blue box 40 percent of the cash in the early years 20152016 is from looltsz prongs the prop k sponsors have been slow to allocate the expenditures to balance that it has in some cases be able to spend ot...

Store. Supervisor breed supervisor breed absent. Commissioner christensen supervisor farrell absent supervisor tang supervisor yee we have quorum. Thank you if we can please call item 2. Citizens advisors report this is an information item. Thank you id like to call up our cac chair. Im the new chair of the cac so good to be here i want to give a brief update on item 6 forced the Lifeline Program and item 8 the reprogramming of the grant fund on our agenda all items passed with no one opposed and a little bit more specific on item 6 they wanted to mob that the lgbt prop fund were for the commu...

Good morning. Welcome to our go Transportation Authority plans Programs Committee of february 10, 2015, my name is is katie tang im the new chairperson looking forward to working with the sfmta staff and want to welcome Julie Christensen our new vice chair and supervisor yee as well as and hopefully by the other colleagues soon our clerk is steve we want to tank sfgovtv Jessie Larson and marcus book store. Supervisor breed supervisor breed absent. Commissioner christensen supervisor farrell absent supervisor tang supervisor yee we have quorum. Thank you if we can please call item 2. Citizens a...