Transportation special taxes from two thirds to 55 percent. Sca 9 is a little bit of a variance on that. It too would seek to reduce the voters threshold from two thirds to 55 percent. For Economic Development projects. Those are not well defined in the bill yet. There is a lot of work to be done on this measure so we recommended watch. However for the two local sales tax measure bills we recommended support position. I can take questions here. I have a quick budget overview. What you get that update in that we will take questions. Last week the governor release figures for the 201314 budget. Legislative analyst said its a reasonable budget. For the first time in recent memory you have a balanced budget in effect with a good chance of remaining in balance. The risk are mostly what might happen from the federal government and cost impact that might flow to the state in a couple of minor risks. They stamped it prudent. First time ive seen that in 15 years. In the world Transportation One
Are there any questions for the auditor before we respond . The current policy for operating leases we made changes to be in line with the new operating system. The second comment regarding the data integrity of the opep data, taking a look at why this occurred, this appears to be an isolated incident. When we discover the issue we pretty much put our accounting hats on, took a look at the materiality of the finding, amounted to 3000 dollars; it was not reasonable to incur additional costs by the consultant. The last comment regarding changes in accounting standards and disclosures for pensions, we definitely will be speaking to calpurse over the next two years to determine what impact it has on the authority statement. I also would like to mention that you do the yearend holidays, the did not meet at its regular the summertime. And that this item will be brought before the met this january 12 meeting. Any comment . I wanted to commend cynthia fong at her staff or another clean audit,
Elizabeth 30 days, leland. Leland thankfully theres something to talk about. Normally so slow around here. Americas news headquarters from washington beginning. I am leland vittert. Im gillian turner. We are now 30 days after the midterms. President trump gave us a preview of republicans closing arguments. Last night at a rally in kansas to claim victory in sight of the confirmation is just another in a long, long list of promises made and kept. The president is at his golf cart now. We are at the white House Keeping tabs on everything. Reporter good afternoon to you. There is some people call in the civic or a lap last night for the president. Others saying it was a welltimed celebration. By any definition this is an opportunity by the president to revel in the recent confirmation of Supreme Court justice, Brett Kavanaugh. Sounds strange to say it but in fact it is true. Last night in front of a raucous make America Great rally, crowd of 11,000 in topeka, kansas, the president talked
act request for documents on the fbi background investigation of kavanaugh. fox news sunday senator lindsey graham said that effort could actually help republicans in a lot of swing districts in democrats have their eyes on. i hope everybody running for the house in this purple districts will be asked the question, do support impeaching judge kavanagh based on five allegations none of which could be cooperated. do you want an outcome so badly that you would basically turned a lot upside down. the impact authority being held beyond the midterm election. looking into 2020, republican senator susan collins of maine is expected to face an extremely well-funded challenger from the left. a crowd funding campaign has raised three-point $4 million for her eventual who has not been identified. this morning despite those efforts she has no regrets about her vote. i have to do what i think is