Fiduciary duties around investments if you recall a representative of the treasurers did not come and explain how were a part of the large pool of funds and forgetting but still some outstanding questions at least from a board stand point i think that and over attorney will advise us on we may need to address in addition he wanted to you requested of the City Attorney to give the board kind of and then he hope the public who are here in the audience and those who might see that as a late point about the duty of the fiduciary and the multiple of that board sincerely does indeed guide our action and Decision Making lots of and lots of guidance from the Mayors Office from City Attorneys office how to behavior and not have conflict of interest and so on and so forth annual letters around that stuff some core fiduciary requirements this board has that is unique to this board and its role administering the trust fund for the members members of the city and county of San Francisco that are pa
Guidance on one of the turns of reference that we approved as a board a little bit more than 9 months ago it was regarding our fiduciary duties around investments if you recall a representative of the treasurers did not come and explain how were a part of the large pool of funds and forgetting but still some outstanding questions at least from a board stand point i think that and over attorney will advise us on we may need to address in addition he wanted to you requested of the City Attorney to give the board kind of and then he hope the public who are here in the audience and those who might see that as a late point about the duty of the fiduciary and the multiple of that board sincerely does indeed guide our action and Decision Making lots of and lots of guidance from the Mayors Office from City Attorneys office how to behavior and not have conflict of interest and so on and so forth annual letters around that stuff some core fiduciary requirements this board has that is unique to t
Topics and we will precede accordingly, i made a request of our City Attorney to while back over a year ago to give us guidance on one of the turns of reference that we approved as a board a little bit more than 9 months ago it was regarding our fiduciary duties around investments if you recall a representative of the treasurers did not come and explain how were a part of the large pool of funds and forgetting but still some outstanding questions at least from a board stand point i think that and over attorney will advise us on we may need to address in addition he wanted to you requested of the City Attorney to give the board kind of and then he hope the public who are here in the audience and those who might see that as a late point about the duty of the fiduciary and the multiple of that board sincerely does indeed guide our action and Decision Making lots of and lots of guidance from the Mayors Office from City Attorneys office how to behavior and not have conflict of interest and
America and helps us set it aside in the Pacific Northwest as boeing and microsoft and those of us have graduate medical education and i hope the administration will treat it with the same regard as they do other initiatives that have been proposed, i think 16 billion in terms of the cuts are a bit over the top and i hope that you will have due consideration for the proposal that youre offering and to really set it aside to be the next few minutes to talk about the proposal as i had talked about. Let me talk about the tax credits and the bonds you have talked about, we have agreed very much that they have made a huge difference. And we are honestly considering new market tax credits, which is also a bipartisan administration, so we can do things together in a bipartisan basis to create real opportunity obviously the issues regarding this is always difficult in this includes proposals from past budgets were we have the savings in medicare and as always we look forward to working with co
Do to shake as standard deduction on a single piece of paper and be done. Why is the administration not equally energize are motivated to insure that not just the tax code is supplied is the administration willing to work with us for a tax reform . A number of proposals to simplify them. There is always tension those to be reflective of the complicity you dont want to have a cliff in the tax code like through provisions. But the goal to simplify is one that we share. We both share the goal so i would just point to the president s home state the we have raised the minimum wage four times in the last 10 years each time the percentage of the People Living in poverty has gone up in the percent of an employee mitt and we need to look at a different strategy at the federal level and i would hearken back to the days of jfk for those living in poverty went down and a living wage went up and we could embrace that jfk strategy with this president teeeighteen they give for being here. So they cou