Supervisor fewer good morning, everyone. The meeting will come to order. This is the july 29, 2020 regular board and finance Committee Meeting. I am sandra lee fewer, chair. And i am joined by supervisors mandelman and walton. Our clerk is ms. Linda wong. I would like to thank sfgovtv for broadcasting this meeting. Madame clerk, any announcements . Clerk yes, madame chair. Due to the covid19 Health Emergency and to protect board members, the board of supervisors legislative chamber and Committee Room are closed, however members will be participating in the meeting remotely. This precaution is taken pursuant to the various local, state orders. Committee members will attend the meeting through video conference. Public comment will be available on each item on this agenda, both channel 26 and sfgovtv are streaming the number across the screen. Each speaker will be allowed two minutes to speak. You can call 14156550001, meeting i. D. , 146 812 0226. Again, 146 812 0226 then press pound twi
Supplies, and work orders of other city services, such as department of Human Resources, Controllers Office services, and rent. We have six f. T. E. S with the Directors Office vacant since march of this year, and we have an open grant funded position that youre not seeing in this chart, just vacated last week that were working on filling quickly. We, like all City Departments were instructed to propose a 10 reduction. We proposed initial reductions amounting to 959,000 annually, and this was an across the board proposed reduction of almost 12 to our communitybased grant fees. Realizing the impact of these grant fees to the vulnerable populations and the populations these serve, the Mayors Office asked us to submit some lower alternative reduction scenarios. The Mayors Service accepted our approximately 7 reduction, which would come from the departments genderbased balance intervention program. Understanding that all of our grantees work serves vulnerable and underserved communities, t
Coping with covid19. Todays special guest. I am chris manners, you are watching coping with covid19. My guest is the director of economic and Work Force Development here to talk about the programs the city has in place during this crisis to help Small Businesses and vulnerable and disconnected residents. Welcome to the show. Thank you for having me. It is a pleasure to be here, chris. Start by talking about gift to sf. It provides many of the resources we are talking about. Could you tell us a little bit about the focus of gift to us. Then we will talk about specific programs. I very much appreciate the question. For anyone who is watching right now, so much of the work that has been accomplished to serve most vulnerable is because of very generous donations to the give to sf covid19 response and recovery fund. Over 28 million has been fund raised to support areas as important as Housing Stabilization for vulnerable communities, Food Security programs which has been a big issue not onl
For broadcasting this meeting. Madame clerk, any announcements . Clerk yes, madame chair. Due to the covid19 Health Emergency and to protect board members, the board of supervisors legislative chamber and Committee Room are closed, however members will be participating in the meeting remotely. This precaution is taken pursuant to the various local, state orders. Committee members will attend the meeting through video conference. Public comment will be available on each item on this agenda, both channel 26 and sfgovtv are streaming the number across the screen. Each speaker will be allowed two minutes to speak. You can call 14156550001, meeting i. D. , 146 812 0226. Again, 146 812 0226 then press pound twice. When connected, youll hear the meeting discussion, but you will be muted and in listening mode only. When the item of interest comes up, dial star 3 to be added to the speaker line. Best practices are to call from a quiet location, speak clearly and slowly and turn down your televi
What could detail the stocks the s p advanced and the nasdaq climbed 1. 24 . What would make us want to dump the red hot stocks that have been leading us higher i dont see this rally collapsing under its own weight, which is what happened the last time we had an explosive tech rally in 2000. We got ahead of ourselves but the Actual Technology wasnt there yet. We laugh at the. Com casualtiecs the truth is they are ahead of the time it could have been chewy i want to take on the hateful 1999 analogy, remember when it was shot up in 2000. I want to take it on directly. You have to understand why its misleading and constantly brought up and why it makes sense to do so because there are surface level parallels but not that much otherwise. Back then we had two markets, the s p 500 and the go go nasdaq which is a little like today only one of those markets was real the s p. Thats a major difference this time around. Im more confident in todays Tech Companies even if the valuation seems stretc