Effective from the start supervisor cowen and to mechanic thank you for your allowing us here and joaquin im happy to see you having the roll and again secretary welcome to San Francisco. Im going to Say Something about jon stewart over the years across the city hes been committed to Affordable Housing being a partner in Public Housing as well as the mixed use thats there so thank you not only for a today but a lifetime of commitment to the housing in San Francisco. Jon stewart. I do want to commend our president this is his department of hud and the rest wanted to see what really worked and we know how proud of the collaboration weve also had in San Francisco im happy to report to him we want to report this not only in San Francisco but cross the country so residents as i enjoy our new home that receptors your dignity knows that you there the collaboration you gave us to do this right is going to serve other people across the country that enables to us do the same i join you mayor in
Executive director of the Housing Authority Barbara Taylor smith. Thank you barbara i know youve had quite a year and at least i want to thank the hunters view residents thank you so much for being patient. And recognize the Hunter Tenants Association and as we help our people with walk its a new organization thats been be born out of the entire process. To our Housing Authority and commissioners thank you very much for your services and mothers against crime we wouldnt be her without you and uplift our educational macomb X Institution and we wouldnt be here for the leadership of then mayor gavin newsom and my predecessor between the two of them i also want to welcome the secretary back to San Francisco thank you for being here. And thank you, everyone clapping. as weve heard so far take the village i was to invite our next village person secretary thank you. Now well do the ymca. So good morning to you all. Thank you congresswoman and supervisors and mayor and residents for the invita
I wasnt involved in that, i take no position on it, but what i do take a position on is people are going to do their jobs, heir going to focus on the mission, and were going to get this thing done right. You have two agents in the field office in mcallen, texas, that were indicted for falsifying records and to conceal real lapses in your offices standards. And, you know, im biased in this regard. I believe the job of an auditor and the job of a prosecutor are kissing cousins because post of them must be dictated by the facts, and they must have an incredible rigor about following the facts and not any political considerations. Um, those decisions have to be brutally independent. And by their very definition, theyre difficult. Obviously, youve got, once again, warring factions in conflict because many of the field offices under your supervision believe they have suffered in morale because of the heavy hand of the central office. On the other hand, youve got people being indicted for con
Approximately 140 million and it recommended to capital on slide 6 youll see that 53 million is related to Capital Investment and in each case water, power and sewer its one hundredyearold facility that we have the stewardship responsibility that includes the general reserve to curb on the facilities like the rim fire were actually recovering from the Third Largest wide fire no california and doing the lower cherry aqueduct and thank you for looking at those recovery projects. The budget is going up because of capital regulatory electrical costs in particular the subsection agreement and pg e has proposed to do very significant rate increases for transition distribution as well as the street lights of all San Francisco. Personnel covets and other costs are largely increasing the majority of our budget is in capital related. The next couple of charts summarize the important things like 90 percent plus gets paid for by Service Charges and Property Rentals as well. The use society is capi
Years. On the Water Department on slide 9 youll see the changes are largely capital on the wasteWater Department slide 10 the changes are capital and general reserves and those will be used to curb on the impact over the years. The house senate water and power which is the part of the discussion on april 30th shows you here that with large increases of electrical power costs and also the impact of the drought i should mention the cost of the drought meant there was another shortfall of 13 million because of lower Power Generation and sales that again on top of the rover of the rim fire has created a significant burden on house senate. The house senate balanced options were discussed on april 30th but again for the viewing audience that was a combination of very difficult choices and that included higher rules of evidence revenues from the general funds our need to issue bonds and one of the last times what the cherry damn improvements and the capital cuts deferrals and we hear the supe