Casting this meeting. To protect the employees and the public due to covid 19 the meeting in the chambers is closed. Due to state and federal orders and directives. You can participate in the meeting through video conference. Comments are available through each item on this agenda. Comments or opportunities to speak during Public Comment period will be available during. Best practices are to call from a quiet location, speak clearly and slowly. Turn down your television and radio. You can make Public Comment in the following ways. Provide Public Comments via email, it will be forded to the supervisors and be included in part of the decision file. Thank you very much. Can you please call items one, two, and three together. Sus spendin suspending the ct policy and recurring expenditures. Item number two all estimated receipts and expenditures of the city by july 31. Item no. 3 annual salary ordinance and annual budget ordinance for the fiscal years ending 2021 and june 302022. If you wis
Unified parcel tax or city college parcel tax. With the School District there is a Program Available for seniors to be exempted from paying that tax if you live in the property or if you own that property. It depends which ballot measure it is. We encourage seniors to reach out to make sure you apply if you are eligible. That can save you Something Like 2 to 300 annually if not more. That is meaningful for many individuals. I think that is it in terms of property taxes, how it would work in terms of covid19 and savings available. Individuals over 54 and people have asked if i am over 54 and want to keep the tax basis and consider moving out of San Francisco, what are the criteria . Shannon, this is a property tax question for me. I will share it quickly. This is a question about can i transfer protected base value to another county. There are two programs available. First is an intercounty program. People living in San Francisco. It is called prop 60. The way that would work is essenti
And about 60 minutes ago, we learned contra county has two more making it 41 cases. Today santa clara and san mateo counties, you saw the numbers, saw a big boost in their ability to test for the virus. They have the most cases in the bay area. And after two days of limited g tegsi te testing to work out any issues, the company at google ramped up its testing at san mateo and santa clara fairgrounds today. Nbc bay areas robert happen nd joins us with that part of the story. Robert. Reporter it was a much different scene yesterday. A steady stream coming into the fairgrounds and no indication that stream will be slowing down any time soon. Its hard sthoe how constantly people showed up to be tested since for privacy we are not showing faces, vehicle license plates or actual testing. But workers in full protective gear were busy at the fairgrounds entrance as people who had been screened and given appointments through the verily website kept showing up. The Santa Clara County board of su
We will discuss the markets in full detail in just a moment. Also want to let you know we are waiting on the president to make those comments from the white house on those new regulations regarding tax inversions, ones that have seemingly put that pfizer and allergan transaction, 160 billion transaction, in jeopardy at this hour. We will follow that story. We will take you live to the white house and we will discuss the broader ramifications of it as well. But lets begin with the markets. Stephanie, you do have the market. The dow heading for its worst twoday decline since february. Brent and wti are rolling over today. Is that what the rally hinges on . Well, i think we are waiting for earnings. Its always a tricky time between earnings because then we get so absorbed in the macro. Im actually looking at the dollar, looking like its peaked. Oil looks like its in a training range. Its not collapsing, its kind of stabilizing and in a range. Interest rates are low so i think thats a good
Changes are taking applauplace. Well go there live in a few minutes. The ceo of the lending club is out and the stock is falling very hard in the premarket. We will give you the latest. And donald trump saying the rich will probably pay more taxes if hes president. Will support shift now that hes backing earlier proposals to reduce taxes on all americans . Futures are off the highs of the morning following a down week for the markets, one which saw the nasdaq dip briefly into correction territory. Growth in the mix, a bigger than expected drop in chinese imports and exports last month. Overnight, shanghai fell by almost 2. 8 . Imports down 10. 9 , was a bad miss. Then we had these ongoing concerns about them pulling back on some accommodations. Yeah. Look, china and oil both negative today. This china situation looks like there wasnt a lot of speculation, obviously, buying these commodities. Now, i still believe that the domestic markets better than people think, but was it a blip up .