Oh, happy day in his rejoice [singing] in his rejoice [singing] oh, happy day oh, happy day oh, happy day oh, happy day ohhhhh oh, happy day oh, happy day oh, happy day oh, happy day oh, happy day oh, happy day oh, happy day announcer ladies and gentlemen, please welcome to the stage former allpro nfl playerturned Emmy Awardwinning broadcaster, ahmad rashad. Wow. Thank you. Thank you. Hey, how about another round of applause for the open interfaith gospel choir. Rock out pretty nice. [applause] good morning, everyone. What an incredible day. And it is really i really feel honored to be able to say, for the first time in history, welcome to chase center. Cheer khaer [applause] [cheering] im honored to be the official host of the beautiful arena press conferences. It seemed like just yesterday we were standing on a giant pier just a couple of miles from here on a pictureperfect day announcing the warriors return to San Francisco and the intention to build a spectacular, new, 100 privatel
You are going to love this arena for those purposes. Great seating for all. We have to have great seating for everybody. It cant just be about the suites and the people on the floor. It has to be about everywhere. One thing i love about this building, and you will experience it, modelo cantina, in the upper most reaches touching the caoelg kind of part at the end of the arena is a spectacular place to see a game and every part of this arena we wanted to make so that everyone had a unique experience. If we didnt do that, then we will have failed. We think weve done it. You be the judge. The arts. This is San Francisco. S the bay area. I think youre going to find the art in this arena to be truly spectacular from commissioned paintings that were done by local artists to sports and the arts which came in here and did an incredible job. Down every hallway, youll see memorabilia from the paths of the warriors. And youll also see a phenomenal, new piece of art in a world renowned artist on t
Oh, happy day in his rejoice [singing] in his rejoice [singing] oh, happy day oh, happy day oh, happy day oh, happy day ohhhhh oh, happy day oh, happy day oh, happy day oh, happy day oh, happy day oh, happy day oh, happy day announcer ladies and gentlemen, please welcome to the stage former allpro nfl playerturned Emmy Awardwinning broadcaster, ahmad rashad. Wow. Thank you. Thank you. Hey, how about another round of applause for the open interfaith gospel choir. Rock out pretty nice. [applause] good morning, everyone. What an incredible day. And it is really i really feel honored to be able to say, for the first time in history, welcome to chase center. Cheer khaer [applause] [cheering] im honored to be the official host of the beautiful arena press conferences. It seemed like just yesterday we were standing on a giant pier just a couple of miles from here on a pictureperfect day announcing the warriors return to San Francisco and the intention to build a spectacular, new, 100 privatel
Up. I am so glad to see the residents here. Thank you to everyone who joined us on the tours earlier of the unit. Today we, of course, through the tours saw the challenging conditions that people are living right in this neighborhood, just a few miles from our thriving downtown, and yet a world apart. As someone who grew up in Public Housing, i have lived these conditions. I know these conditions. I dont expect everyone to understand the challenges of Public Housing the way that i do or the way the residents of sunny dale do, but i do expect everyone to put in the time to understand. I wanted department heading and elected officials to come see for yourselves the hard work that we have to do. Thank you to everyone who joined me today, especially the members of the board of supervisors and we have the president with us, norman yee, thank you so much. [applause. ] thank you for being with us. Supervissupervisor per visor gor and earlier we had supervisor safai, and he had to take off. Wh
Who have been to previous presentations but for californians. For decades and decades, weve come to expect the unexpected as it regards to the volatility of the tax system. You can see the orange line, those are the big three revenues. It. Looks like an ekg chart. It goes up during good times and down during bad times. It reflects i think the larger narrative of todays presentation and that is a story of correction, a story of normalization after a period of tremendous amounts of distortion. That distortion has been represented in the revenue collection in this state. Take a look at this chart. 10. 4 , that is the year 2000. We have had spikes in the past and revenue. 10. 4 , thats the percentage of our income tax collection Capital Gains. 11. 6 , historically high number represented in 2021. Now a drop. We look at the projections going out to about 5 . Those are remarkable swings in terms of that revenue collection as it relates to Capital Gains on the overall revenue. That said, the