Over and over on our services a 20 percent drop for veterans and so were happy to have our supervisor supervisor farrell thanks how about a big round of applause for mayor ed lee and all the department heads. So i want to first of all, thank for being here today. What youre doing is what were all about in San Francisco volunteering our time and taking time out of your workday no pun intended for the work folks. The magnitude we have 35 hundred people every night sleeping on our streets. We have mothers and fathered and sons and daughters those are people we need to care about this is a human issue and to be part of our citys effort we cant do it as a City Government alone we do things together and all our cooperate sponsor to google who contributions not only their money but your efforts this is what we do together in San Francisco. Please know how important it is that you come here today and we keep cowboy her in the city of San Francisco. Were going to have more meetings like this we
To sfmta. Is there no deferred maintenance here and other garages that it would be more appropriately used for . Well, thats what this bond issuance is for, in terms of an mta wide, so we can address concerns related to all the garages, not just japan center. Or Sutter Stockton. So, that is our main concern, is that knowing that not only this garage needs improvements, but citywide as well. I understand that, but that 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 ti
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 understood] and youre issuing bonds against it for operational expenses. Youre floating bonds to float for operational expenses which we should not be doing. Youre correct in that sense. Well, our mta operating budget also supports the repayment of the bonds itself. For garage operations in terms of the capital improvements, we would be doing the same amount of work there as well in term of what would be available. Okay. Thanks. And to mr. Reiskin, just one more question. Obviously, and i absolutely understand this board and number of Restaurant Owners that weve gone through quite a bit and love the restaurants and people are involved in the community have influence and i think
All right, good morning, everyone. Welcome to the San Francisco board of supervisors budget and finance subcommittee meeting for wednesday, april 16th, 2014. My name is supervisor mark farrell, i will be chairing this committee. I am joined by supervisor john avalos. I want to thank the members of sfgovtv covering this meeting jennifer low and bill dill on as well as the clerk of the committee, ms. Linda wong. Madam clerk do we have any announcements . Yes, mr. Chair. Please silence all phones and electronic devices. Completed speaker cards and copies of any documents to be included as part of the file should be submitted to the clerk. Items acted upon today will appear on the april 22nd board of supervisors agenda unless otherwise stated. Okay. I appreciate everyones patience this morning. We will get through this agenda as quickly as we can. Madam clerk, can you call item number 1 diderction item number 6 . Time number 6 is resolution authorizing the San Francisco Municipal Transport