SFGTV February 21, 2013
Seems to me like youre taking bond money, then, and transferring it through a wheel to operational expenses. To the budget analyst analyst. Mr. Chair, as we understand it, the bonds that have been issued are taking care of their Capital Improvement needs. So, this in effect winds up as surplus and can be transferred for operating expenditures to the mta. So, theyre not short changing their Capital Needs as we understand it. Thank you, i appreciate that. I guess my question is but by issuing the debt, you say youre not short changing the Capital Needs, but tame point in time youre [speaker not ...