Are been institute, this runs an hour. After recordbreaking declines in Economic Activity in the Second Quarter 1 45,020 we are going to be 25 vote in the Second Quarter. For people who are still struggling to climb out of. What is written about the cake shaped recovery, workers at the low Income Distribution who dont have option to work from home and for whom federal help is already taken away. As we see with fewer workers buying lattes, any service that depends on a smile, what does that mean for revenue . One estimate suggests in high rent districts, employment is at 45 so we have my colleagues and i, for cities and looking at how it depends on revenue structure and exposure to covid19, federal and state policy response. If i could get the next slide please. There we go. The point is going into this there are a lot of things we knew about city economies and finances and it has been upended by covid19. A Success Story and many of those jobs are under threat. Cities that successfully
We should not lose sight of what that means for people who are still struggling and the fact we still have a very deep hole to climb out of. The socalled [inaudible] workers at the low end distribution hedonic options to work from home and federal health is already fading away. Nasa been said about what this means for cities and as we see hollowed out downtowns with your workers coming in, buying lattes and what 115th congress has called any service that depends on a smile what does that mean for city revenues . One estimate suggests especially in high rent districts, employment is still at 45 of precovid levels. We arere about to explore the sinks a bigger graph of blog, my colleagues have a blog looking at what this means for cities and look at how really depends on state revenue structure, well exposure to covid as as the highly uncertain federal policy response. If i could get the next slide, please. There we go. The point of a blog is really going into this were a lot of things we
Thank you all for being here today. What has happened in the past 24 hours i would like to bring you up to speed on what i know and take a few questions. Let me start with some generalities and then get down to some more details. First, now that the hurricane has come onshore, our concern remains dramatic flooding. According to information that i was provided, there has been about 20 inches of rain in the Corpus Christi area, 16 inches of rain in the houston area. The biggest concern is the possibility between 2030 more inches of rain in areas ranging from Corpus Christi over to houston. Because of the flooding, one of the top focal points that we are concerned about is ongoing rescue and recovery. We want to do everything we can to keep people out of rising water. Part of that is by constant warnings to the public about being vigilant, about observing rising water around you as you are traveling, if you are out on the roads. Always watch for water on the road, remembering that when yo
Thank you all for being here today. What has happened in the past 24 hours i would like to bring you up to speed on what i know and take a few questions. Let me start with some generalities and then get down to some more details. First, now that the hurricane has come onshore, our concern remains dramatic flooding. According to information that i was provided, there has been about 20 inches of rain in the Corpus Christi area, 16 inches of rain in the houston area. The biggest concern is the possibility between 2030 more inches of rain in areas ranging from Corpus Christi over to houston. Because of the flooding, one of the top focal points that we are concerned about is ongoing rescue and recovery. We want to do everything we can to keep people out of rising water. Part of that is by constant warnings to the public about being vigilant, about observing rising water around you as you are traveling, if you are out on the roads. Always watch for water on the road, remembering that when yo
This allows member to address the Treasure Island Development Authority board on matters within the subject matter jurisdiction and do not appear on todays agenda. Public comment will be held each item of the agenda. You may address the board up to 3 minutes. Prior to making comments state your name and organization you are representing if any for the record. Mark connor. Good afternoon mark coner and rez dchbt of Treasure Island and represent myself. Thank sfgovtv and the bhored for broadcasting the meeting. A couple amounsments, august 9 sfpuc is presenting a update with [inaudible] it will be at the belding here. I encourage someone from thisboard or from the titius staff to attend in case the public has questions dealing with tidea and not the puc. August 2 we have National Light out and the purpose is build relationship between the community and police and this has never been as important as it is now. The crisis we are facing. This will be the last National Night out that im coor