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Please be advised the public has up to three minutes unless the Port Commission adapts other minutes Public Comments not lists on the agenda. Any Public Comment . Item 6 executive directors report. Good afternoon, everyone thank you for joining us today were putting out a couple more chairs. Thanks for your patience a little bit bigger crowd. And happy holidays. My first two items neither of representatives to be recognized are here yet so if you dont mind commissioners id like to put that over its entirely possible theyre working off of 315 so im not sure when they will arrive. But if i could...

Now. And the revenues have increased some what more rapidly than folks had anticipated and so it is a bit of a happier place in sacramento in terms of budget and there are still issues that will be sorted out during the budget process and one of the key features of the budget is a Pretty Healthy reserve, and the reserve totals almost 2 and a half billion dollars and about a billion of that is a regular Standing Reserve that would be available throughout the year, or to Carry Forward if it is not needed. And about a billion six of the reserve is the beginning of the replenishment of the Rainy D...

Consent calendar. And these items are considered routine, and the staff are not planing to present these and if a member would like to sever an item for discussion, we can do that. All right. Thank you very much. So would anyone like to sever this item . Would any of the commissioners like to sever an item. It looks like there is no interest in that. So we can continue. Okay. Thank you. Is there a motion . Okay. There is a motion made by tang, and seconded by david chiu and passes. Number four, to Authority Executive direct tore execute an amendment to the memorandum of the agreement to the Tr...

Of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all please be advised that the ripping of and use of cell phone and parnlz and other Electronic Devices are not presumed to be innocent and a anyone maybe leadout of this meeting. Please be advised the public has up to three minutes unless the Port Commission adapts other minutes Public Comments not lists on the agenda. Any Public Comment . Item 6 executive directors report. Good afternoon, everyone thank you for joining us today were putting out a couple mor...

The city of San Francisco sfgtv meeting of the San Francisco Transportation Authority occurring january 14, 2014, will begin shortly. Hello, everyone and welcome back to the finance committee. Lets see here. To my left, far left is katie tang and she is the vice chair and commissioner david chiu, are you . We are off to a rough start already. My notes. Okay, well you guys know who everyone is, lets just go ahead and get started. I would like to take a moment and thank jessy larson and charles for broadcasting todays meeting, madam clerk are there any announcements . No naounsments. Great. Coul...