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Keeping the healthy hetch hetchy that means well have to be back before you and the Mayors Office and other policymakers every year asking for general fund rates to have the ability to have more fully paying customers or have more power Revenue Bonds or have to revisit which we do every year the problematic cuts or deferrals real quick it strikes me were going to have a discussion around cca and the big deficit is because of house senate and the mountain you tunnel can you talk about that what that means deferring capital theres a reflex whats the risk level, you know, obviously theres been a ...

Approximately 140 million and it recommended to capital on slide 6 youll see that 53 million is related to Capital Investment and in each case water, power and sewer its one hundredyearold facility that we have the stewardship responsibility that includes the general reserve to curb on the facilities like the rim fire were actually recovering from the Third Largest wide fire no california and doing the lower cherry aqueduct and thank you for looking at those recovery projects. The budget is going up because of capital regulatory electrical costs in particular the subsection agreement and pg e ...

Years. On the Water Department on slide 9 youll see the changes are largely capital on the wasteWater Department slide 10 the changes are capital and general reserves and those will be used to curb on the impact over the years. The house senate water and power which is the part of the discussion on april 30th shows you here that with large increases of electrical power costs and also the impact of the drought i should mention the cost of the drought meant there was another shortfall of 13 million because of lower Power Generation and sales that again on top of the rover of the rim fire has cre...

Slide 6 youll see that 53 million is related to Capital Investment and in each case water, power and sewer its one hundredyearold facility that we have the stewardship responsibility that includes the general reserve to curb on the facilities like the rim fire were actually recovering from the Third Largest wide fire no california and doing the lower cherry aqueduct and thank you for looking at those recovery projects. The budget is going up because of capital regulatory electrical costs in particular the subsection agreement and pg e has proposed to do very significant rate increases for tran...

Years. Or one other item is the general Obligation Bonds as recently as the 1970s some of the equipment needs and facilities meets for example, the street lights used to be funded by the geobonds theres a lot of needs for the geoprogram and the needs to out strip the property taxed affordable so it means higher property tax thats a trade off. The capital deferrals every time we look at this were trying to balance and minimize the risks so weve made one hundred and 55 million cuts on top of that thats the best if we have more cuts in capital deferrals i have to responsibly tell you and the Mayo...