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Structure. We have contingency reserves and this is intended to cover, unanticipated costs and causes it to increase from what is formally about 25 million up to 2 percent of revenue and at the moment on a schedule. And at the moment we are at 1 and a half percent of revenues, and for the schedule, and pretty existing policy to increase by an additional 2. 5 percent over the next fiscal years and reaching a cap of two percent of fiscal year, 1617, while the general reserve is a reserve that covers losses that occur in a single fiscal year, stabilization reserves are intended to really help the...

Keith demartini martini, its my pleasure to present an overview of this fiscal years supplemental appropriation for our department and secretary iowna and i have copies. As director rahaim mentioned this is a supplemental budget appropriation for this currently four. Under charter section 4. 1024. 3 the department is requesting will be requesting the Planning Commissions approval of our request, when we come back next week. They a an agenda idea for next weeks agenda on this. So just before i get started with the details of the supplemental appropriation request i will have an overview of what...

Welcome everyone back to san franciscos Planning Commission regular hearing for thursday, january 17, 2013. We left off just before your regular calendar, so we will proceed to item 10. Fiscal year 201213 supplemental budget appropriation. This is a nonaction item and its only informational. Thank you opinion good afternoon, commissioners. John rahaim, Planning Department. We are here today with the first of two budget items this week. This item is actually for this fiscal year, and then we are proposing a supplemental budget request for this year. We are in an unusual situation this year, whe...

Supplemental request and how the rest of the year pans out. Moving on to the expenditure side we are expecting very little variation in our salaries and fringe expenditures and our other expenditures whether it be from materials and supplies, capital, work orders that we have with other city agencies that perform services for us, such as the city attorney. So were expecting very little variation. So over all, we are expecting a surplus in our budget of over 6 million. That being said, we are coming forward with a supplemental appropriation request of approximately 3 million. I want to walk you...

/PRNewswire/ -- Transfix, Inc. ("Transfix" or the "Company"), the Intelligent Freight Platform™, today announced record financial results for the first quarter...