Page 22 - Software Application News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And City Attorney understand that the file has already reflected the revised formula for corrected payment so we do not need to make that amendment ; is that correct . Thats correct. Okay. And, mr. Rose, just in thinking about this, putting a 5 floor since the contract is based upon a cpi, assuming a 5 deflationary annual number, is that correct . This would be protective of deflation of 5 or more every year . That is [speaker not understood] for changes in rider ship. Formula includes rider ship. Thanks, okay. Colleagues, any questions of the budget legislative analyst . Thank you very much. ...

A bit as well. I guess ill adi hear what youre saying. Many [speaker not understood]. Thats what these agreements are about. And i think we dont look at this as well see what we can squeeze out of bart or bart is looking at what can we skis out of mta. Were really looking at what makes the most sense. Especially to facilitate the connections between the two systems. So, i dont look at it as the muni riders are subsidizing the bart riders somehow. This is really about the riders that are moving between the two systems. And its something we want to encourage because our Transit System in the reg...

At did 1. 19compared to base rate of 1. 75, the annual revenue loss is on the order of about 5 million for us. Okay. And and that is the deepest discount in the bart system. Okay, okay. Thank you. Supervisor avalos . Just a quick question. Just a quick question. Mr. Rose touched upon it, that the feeder agreement, he described i think he said voluntary. And historically how does that agreement come about . No one really describes anything where there is a payment made as voluntary. So, im a little bit surprised by that wording and how did this agreement first come about, what was the rationale...

George soros. He says europe still has a way to go. Yes, i was asking him on whether the fed should think about the rest of the world while setting fiscal policy and he said because they are so far ahead, they cannot be dragged down by the concerns of the emerging markets the concerns of europe and china. He believes that fed tapering is what needs to be done. Actuallys. Economy is is the best functioning. The u. S. Economy has its own momentum. Its not following optimum policies at all. The internal political struggles which have not been resolved. We had a very wideranging interview. We talk...

Thank you. And we have ms. Cavilo from our board of supervisors office. Give us one second. Good afternoon, chair farrell, members of the budget and finance committee. Angela [speaker not understood] clerk of the board. Im here today with deborah [speaker not understood] to present the departments fiscal year 1314 proposed budget based upon budget instructions the committee provided at the december guideline hearing. As you know, we are on a rolling twoyear budget cycle. The committees general direction was to prepare a budget, a draft that was similar to the budget that was adopted last year ...