Work harder and put our dollars where the solutions are. I think this budget in general, as well as many of the ad backs here that were proposing actually does that. No, it does not go far enough, but its definitely a start and i think will continue to work in that direction and thank you to all the city staff while the legislative aides, from the other offices, who including supervisor cohen legislative eight, my legislative eight, iris sam and connor and also especially, your Team Supervisor farrell worked really hard to balance all of the needs and demands and challenges of a definitely demanding group of individuals on the board of supervisors. I am looking forward to passing this budget out. Of the full board our fingers crossed. And good work and lets keep doing what we need to to make the city better for everyone. Thanks thank you supervisor lee. Colleagues, if no othersupervisor avalos i did want to block all the people who hope to work on the budget but i just want to say im g
Farrell and i want to thank sfgtv. Any announcements . Yes yes. Okay. So we have a decent amount to get through this morning so with that would you call item number 1. Item 1 is an ordinance authorizing the recreation and Park Department regarding the funding and stewardship of a new park on the francisco reservoir site located between hyde and larkin street and south of bay street. Thank you madam clerk. For the last five years i have been working with the neighbors and and recreation and park to turn this into a park, a project we voted on a year and a half ago and we have been working with the Francisco Park conservancy and made up of the four largest neighborhood groups in the area. The neighborhood stepped up and the project wouldnt be possible without their partnership and support. They have helped build a broad group of support of over 40 organizations that have been involved in the effort. They have commitments for the funding to maintain run the park in perpetuity and with the
All right. Mr. Chairman item 14 closed session the mta meet to talk about this and the boards approved the case and no action on the other two cases item 15 for a motion disclose or not disclose the information discussed in closed session. Motion to notice disclose. Second and. All in favor, say i. I. The is have it. Were adjourned in memory of carla johnson. Thank you. Thank you mr. Chairman. Okay. Good morning everybody. Welcome to the San Francisco budget and finance Committee Meeting for june 29, 2016. Its great to be back after budget season. I am mark farrell and i want to thank sfgtv. Any announcements . Yes yes. Okay. So we have a decent amount to get through this morning so with that would you call item number 1. Item 1 is an ordinance authorizing the recreation and Park Department regarding the funding and stewardship of a new park on the francisco reservoir site located between hyde and larkin street and south of bay street. Thank you madam clerk. For the last five years i h
I will have more in the markets shortly. Angie thank you. Central bankers reaffirmed their belief in the power of Monetary Policy at their meeting in jackson hole, with janet yellen signaling a hike is still on the table next month. Meanwhile, we have kuroda vowing to act decisively on stimulus is needed, saying there is ample roof room for additional leaving. Editor brettnomy miller is in tokyo. What clues does this give us, at the boj meeting . Reporter we are certainly in for a tense wait. Kuroda has implicated as he has said before, that a full increase in policy is possible. That means we could see negative Interest Rates cut further. We could see the asset Purchase Plan increased as well. Variables ist of open. We have seen in recent days, analysts talking about the possibility of the boj moving into new areas including looking at buying local government bonds, and areas where public corporations are issuing bonds projects,t like rail sewers, building hospitals. A whole host of a
Of texas, his committee is actually demanding hard documents and records of management knew and when they knew it. Hes with us. 24 hours before janet yellen and the fed make their september rate decision, Dow Jones Industrial is hoping gaining of 49 points, latest on the suspected terrorist, president obamas un refugee proposal and what donald trump is saying today about the vetting process of migrants. With less than an hour to the closing bell, lets start the countdown. [music] liz will they or wont they is the trillion dollar question on wall street . You can see investors are fine with it. Theyre waiting on not one but two major Monetary Policy decision from the Federal Reserve bank. The bank of japan as well is coming out with something. After climbing as much as 100 points earlier, the dow is pairing back some of the gains, now trading by 51 points to the upside. Lets take a look at whats weighing. Exxon mobile tumbling following report that is the securities and Exchange Commiss