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Services. [please stand by]. Second, the budget assumes that placements of clients in other Housing Alternatives p predominantly in the second half of the fiscal year would allow the city to ramp down this s. I. P. Program as the other programs are ramped up, and thats essential because were planning for our world in unknown timing where the city will work to have these individuals housed but without the fibenefit of fema reimbursements. Our latest projections, which we published earlier today and which you all have, indicate that some early costs with some modest delays in the implementation of the project, its projected to go beyond its costs by approximately 75 million. The plan is heavily heavily re fema, and id be happy to answer any questions that the board has after abigail presents. President yee abigail . [please stand by]. Many who come from all over the city as well as our nonprofits have our deep gratitude for ri ....
From the department outlining the plan for their shelter in place rehousing and site demobilization plan. This response to this request has been forwarded to everyones office today. We are still in a pandemic, and just today, mayor breed and dr. Colfax announced the rolling back of our reopening. We are concerned about the process and timeline of shelter in place rehousing and demobilization of our shelters. I want to acknowledge the work that the department of homelessness and Supportive Housing and the department of Emergency Management have done in collaboration with our Service Providers during this pandemic in keeping our people safe, but we [inaudible] is transparent and ensures that no one, especially our most vulnerable populations, exit back onto the streets. Today, we have, as explained, the depart ....
And plus up San Francisco. Just a few patches. I dont think it will last long, but it is there. Because of the northwest breeze, the last few images, you see it popping up a little bit. Not widespread but there are areas of patchy fog. A cool morning. 14 degrees cooler for santa rosa and napa than this time yesterday. Minus 7 livermore, minus 6 san jose. So a big cooldown with the northwest wind. Except for the patchy fog, it will be a sunny to mostly sunny day. Starting off with 40sand 50s. The coolest readings, graton at 41 degrees. 49 bodega bay. Windsor, 46. Petaluma is in there. Mill valley, 48. Yes, the humidity is gone. The strongest breeze is on the coast and Higher Elevations. Look approximate for lots of sunshine when the fog burns off. Sunny and nice. Upper 60s, 70s, and lower 80s. Sal, so far so good . Moderate. Moderate. Weve had a couple of things. Compared to ....
We have a packed show and our brexit show. In the meantime, this is our market check. The dollar definitely left, right, and center focus. Number seems to be expanding game. Xpending gains. It may be distorted to hurricane figures. European shares bonds seem to be treading water. , it all has to do with Prime Minister theresa may and whether there is a campaign to oust her. Lets get to the bloomberg first word news. The spanish Prime Minister convened his cabinet today as movement entitling you movement in catalonia heightens. President risks isolation as if he pushes ahead with plans. Donald trump has offered cryptic remarks while posing for photos with military leaders, saying the gathering might represent the calm before the storm. He may be comments head of a state dinner. Do you know what this represents . The calm before the storm. Sebastian german factories rebounded i ....
Economy. Joining me on leaders with lacqua, former bank of england governor, economist and author mervyn king. Lord king, thank you so much for speaking to bloomberg tv. It is always a great pleasure. What lessons have we learned . From the financial crisis . Lord king i hope we learned the lesson that this was a lot bigger than just a financial crisis. It represented a serious problem in the world economy. Not sure that everyone sees it that way, but i think that is the most important lesson. I think secondly we learned we need to worry not just about the amounts of of Equity Capital banks issue, we need to limit the leverage, but we also need to tackle the problem that banks are inherently unstable. And if people lose confidence in them, they take their money out, or they do not roll over their lending, and we need a mechanism for dealing with that. Francine did we see early signs of it, or were we late to the game . Lord king i ....