Please stand by for closed captioning. The meeting will come to order. Welcome to the september 16th, 2019, meeting of the rules committee. Im supervisor hillary ronen. Seated to my right is rules Committee Vice chair, Shamann Walton and to my left is rules Committee Member supervisor gordon mar. Our clerk is victor young. I am wearing my shirt today because today is close the camps, free our children day of action in San Francisco. Folks are meeting at 24th and mission at 11 00 a. M. To march to city hall and should be here by 1 00. So lets all do our best to protest today. With that mr. Clerk, do you have any announcements . Yes, please make sure to silence all cell phones and electronic devices. Items acted upon today will appear on the september 24th board of supervisors agenda unless otherwise stated. Thank you, would you please call item number 1. Yes, item one, appointing Rafael Mandelman for a two year term to be determined for the executive board Regional Planning committee. G
Please stand by for closed captioning. Please stand by for closed captioning. Please stand by for closed captioning. The meeting will come to order. Welcome to the september 16th, 2019, meeting of the rules committee. Im supervisor hillary ronen. Seated to my right is rules Committee Vice chair, Shamann Walton and to my left is rules Committee Member supervisor gordon mar. Our clerk is victor young. I am wearing my shirt today because today is close the camps, free our children day of action in San Francisco. Folks are meeting at 24th and mission at 11 00 a. M. To march to city hall and should be here by 1 00. So lets all do our best to protest today. With that mr. Clerk, do you have any announcements . Yes, please make sure to silence all cell phones and electronic devices. Items acted upon today will appear on the september 24th board of supervisors agenda unless otherwise stated. Thank you, would you please call item number 1. Yes, item one, appointing Rafael Mandelman for a two yea
Will have transfer tax above what we projected in the report on what we see in the current month to date. Under our reserve provisions, 75 of that goes, is deposited to reserves. There are other offsetting revenues that we would also want to be mindful of. Im trying to think of theres a few that kind of, i have my eye on. One is sales tax, one is interest earnings, kind of like a sleeper revenue, but we assumed pretty substantial growth in that, so i dont know where we are going to end the year with that. So, possible news to the good thats easy to know about, and mindful of things that go the other direction. Thank you. The shortest possible answer as always, we do a review of revenue assumptions, the change in may after the revenues that we use to balance, or proposed the balance the mayors budget and a report the next couple of weeks. Thats those additional revenues are in consideration for this budgeting of this fiscal year, is that correct . We are in the process of reviewing what
Year, but what we had as of june 1st. We also reported briefly on the discretionnary general fund. So, the citywide General Fund Budget is increasing by 10. 5 , from 5. 5 billion in the current year to 6. 1 billion in the proposed fiscal year 201920 budget, and after set asides and base lines, 3. 6 billion in discretionary general Fund Revenues in 1920. We also briefly reported on budgetary reserves as you have also heard from the controllers office. These reserves include the rainy day reserve, the general reserve and the budget stablization reserve. According to the majors budget book, 459 million at the end of 1718, 9. 2 of general Fund Revenues, and projected to reach target levels of 10 of revenues during the current year. We also reported briefly on the impact of the november 2018 ballot propositions. Programs in the department of homelessness and Supportive Housing to be funded by proposition c, impose a half percent gross receipts tax on businesses with revenues above 50 millio
In 1969 in district four. The board voted overwhelming in opposition to this appointment. I move you move this to the full board. As the executive director the appointee over saw the cost of compact which resulted in sb50, over saw the merger, that the oversight for the replacement for the eastern span of the bay bridge. It also including the link to the san jose America Kerry news editorial from july 2018. Any other member of the public wish to speak . Good morning. I am here not as the San Francisco transit riders but as my role on the friends of downtown extension which i think i have spoken to some of you about and hopefully will continue to also as part of a Broad Coalition of nonprofits working on getting real significant revenue to transportation, also Division Zero to pedestrians, bikes, operations if we have a say in it, which i hope the nonprofits have a say in it and construction to create a world class transportation system. I speak on behalf of steve for a couple vens. We