I am delighted to im delighted tote welcome our esteemed panelist to discuss the Agencies Agency has implement solutions to all should have all full biography and to give a brief rundown joined by Fred Goldberg who had multiple irs treasury leadership roles and assistant secretary of treasury. And then to serve as irs commissioner through 2002 and a founder and director of shrink that tax gap and currently a Senior Advisor focus primarily on investments in the field of it and Business Services including leadership roles including cofounding American Management systems and finally serving as irs commissioner 2013 through 2017 is now retired previous work includes various positions at freddie mac omb as well aso the local dc government. Thank you to the panelists once again commissioner all of you were put through the ringer by lawmakers at multiple points my memories of your grilling are the freshest what advice would you give to the recently announced nominee for the commissioner as he
Quick three former irs commissioners discuss nearly 80 billion in federal investments in the agency under the Inflation Reduction Act. The urban bookings tax policy hosted the discussion. I am delighted to welcome our esteemed panelists who will discuss some of the challenges the irs has faced over the years as well as the opportunities that the agency has now to implement solutions. You all should have the full biographies of our speakers and panelists. But just to you a brief rundown we are joined by Fred Goldberg who had multiple irs and treasury leadership roles during the 80s and 90s including chief counsel i irs commissioner he was subsequently a tax partner until 2017 and has been there as counsel. We also have charles served as irs commissioner from 97 to 2002. He is a founder and director of shrink the tax gap which is im sure a concept we will discuss today. And currently is a Senior Advisor focused criminally on investments in it and business services. Prior work as a privat
Thorough review and we agree with their recommendation as well. Thank you. I had one question. There was a section that budget Analyst Report highlighted which basically said that the requirement or part of the agreement also indemnifies the puc for costs that may result due to bawscas erroneous determination of the surge charge that the taxexempt bonds are taxable unless deemed taxable due to the pucs violation of the certificate. Im just trying to understand what that means. What that means is just like when we sell bonds were required to use the bond proceeds for eligible uses. So the tax certificate that is before you today says that the sfpuc will provide the best efforts to depend taxexempt proceeds on capital eligible spending which is why the spending plan on one of the slides specifically lays out how were using taxexempt bond proceeds. So we follow our best efforts and review those and the city spends the money consistently and the bawsca would members would indemnify us. See
Transient volume over the span that i have seen. And its various reasons, you know . Be it traffic, be it the office, financial community. Because really 4050 of the patrons are not necessarily shoppers. Then we have the 34hour stay of shopping and dining and what not. So a lot of different aspects we do bring in and with the comments and support of the nonprofit corporations, really understands the community. I think that management oversight is very vital for the community for the benefit, not just to one department, not to the garage, but really to the city as a whole. I find myself being a resident, raising my kids in the city, that im an ambassador to the district that i serve. Rather than driving way to a Shopping Mall with free parking, downtown is vital and easy access and really serving the community and for the benefit of the city. Thank you. Next speaker. Good morning madame chair and mr. Supervisor. My name is paul newman and im the counsel for the uptown Parking Corporatio
Parking. They are very clear and very concise in their attempts to run the garage in the best manner that they can and provide the most revenue for the city and the best service for downtown parking. And i have always been proud to be part of the uptown parking corporation, because i think they do a great job, and i would like to see them continue. So thank you. Thank you. My name is sidney goodwell, the president of the uptown sparking corporation. I have been on the board for 30 years and i was a retailer in the area and still involved with property there. On our board we have a crosssection from retail and hotels and businesses in the area, who give their time over and over and over again, for one purpose only. To see what we can do to improve the situation in the union square area. It works very well. We have a good organization. I think we have two employees and im not sure if the corporation cease to exist that the work of these two employees would be just absorbed. You would hav