Business plan is that right now for new facilities, distribution, stuff that we cant fund through Revenue Bonds, we have to pay cash. And so this gives us a vehicle to debt finance using our revenue. And so we are unable to do that on any new facilities. So, that was the thinking of trying to make the power enterprise. We always had the ability for clean power, not cleanpowersf, but clean power, we have that authority already. But as barbara and they have said, we are separating the business units, or we have hechi and we want clean power to stand on its own. So we started having clean power, you know, at a really relied on the power enterprise and initiation or the start, but now we have it where its true and not codependent, so we want to continue that. Right. I understand that. I just was surprised to first learn about the power Revenue Bonds charter amendment, you know, at a board meeting, frankly. This is the first ive had it explained. I approach appreciate it. I have a number of
Update that well provide you in march. With that, im happy to take any questions. I have a question. How are we going to absorb the 27 reduction in revenues . The programme has sufficient reserves to cover this. And as i mentioned, it is about 137,000 on an annualized basis so our programme reserves will be sufficient for that. Like i said, well when we adjust rates for the upcoming fiscal year, well make sure to look at both green rates and super green rates to see if they need to be adjusted based on the rate proposal from pg e. Ok. Something that comes to me, i can see this spiral going that we have to always stay competitive to pg e. But theyre larger and bigger and i just would like to have your feelings in terms of the future and how we can withstand these reductions. Yeah. I think that this will be something that well need to take a look at as were working on the next set of rated adjustments for basic green power. We need to make sure that it will be very competitive. We contin
Right . Its moving through the board process. Supervisors peskin, tang and new safai have associated themselves with it. It has had one reading at rules committee, the second reading is tomorrow. And then it will be before the board for consideration and it is targeted for the june 5th ballot. But i just want to make sure that the main purpose and we talked about it as part of the Business Plan is that right now for new facilities, distribution, stuff that we cant fund through Revenue Bonds, we have to pay cash. And so this gives us a vehicle to debt finance using our revenue. And so we are unable to do that on any new facilities. So, that was the thinking of trying to make the power enterprise. We always had the ability for clean power, not cleanpowersf, but clean power, we have that authority already. But as barbara and they have said, we are separating the business units, or we have hechi and we want clean power to stand on its own. So we started having clean power, you know, at a r
Israel. Washington to tel aviv. A somber anniversary. We should you unite for the rescue of those girls. A year since the girls were abducted from nigeria and still no attempt to rescue them. Mainland shoppers from hong kong hoping to quell public outrage. Good evening im antonio mora. And im barbara serra. We begin with a new coalition against i. S. I. L. The figure represents around 6500 square miles of territory. Meanwhile more sunni muslims in iraq say they are still under siege. They are accusing shia militias backed by iran of reprisal attacks. And expected to request additional weapons to fight i. S. I. L. Jamie mcintire joins us now from the pentagon. Jamie is this progress in iraq leading to more cooperation from the pentagon that this can be curbed in iraq and syria . They are saying what this shows is that the constant aerial bombardment has pushed i. S. I. L. Back and it is no longer able to maneuver in large parts of iraq that it once controlled. The u. S. Central command
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