business, no one is going to come to a city where the signal of the mayor with the board of supervisors for the lack of working together signals less than sure confidence that it is a good investment working with your city. that is what is attractive but sen francisco. i will continue making that very strong, and everything i do everyday will be to continue to create jobs in our city. thank you very much. [applause] thank you, mayor lee. and to welcome their mayor jean quan, ed wasserman, who is very active in this community. [applause] i want to join in the welcome to all of you here on this valentine s day, a day for all of us to cherish our loved ones, including our love of our cities, which is what we re talking about this morning. wendell rosen is a law firm founded 103 years ago in oakland at 12 and broadway just across the street. we are still at 12 n. broadway. we have a little better view 24 floors up, and we are proud to be in oakland, and we are growing in oa
that they serve all of our neighborhoods in the city. we have enjoyed a very lucky vote past november where our paving and streets that will produce $240 million of anchor for our streets repaving but also for infrastructure in our streets that allow you need to move faster, less congested, our curb ramps for persons with disabilities, a number of street park with that will be had. bike lanes that will allow our bikers a lot of them want to be able to have dedicated green lanes. all of that has anchored into a very strong vote, one that was very difficult to pass because it required 2/3, and we were able to do that. very fortunate in our city to be able to have that. and, of course, improving our public transportation. muni continues to be a challenge because of its infrastructure and its debts, and we will continue paying attention to that, and that is why we have got to be always investing in our future, and transportation is a huge part of that, but we have been very s
small increase, and that is because of the dividends on the stock market. what we are calling ourselves is the nicest looking house in a not so great neighborhood. but consider where we were two or three years ago. the analogy was not with housing. it was much more like we were the nicest looking horse at the glue factory. we have really improved an awful lot. that is the the my want to drive home the economy is on a nice upward trajectory. last year, the surprising part is that bonds were one of the great performing sectors of the market. last year at this time, interest rates were at record low levels. who thought they would fall even more? well, they did. treasury bonds fell the most, but the bonds were most people invest their portfolio still had solid returns. which of these choices do you think have the best performance over the last 20 years? stocks, bonds, oil, gold? personal residences, or real estate investment trust? you can see thatreit s had the best performanc
business, no one is going to come to a city where the signal of the mayor with the board of supervisors for the lack of working together signals less than sure confidence that it is a good investment working with your city. that is what is attractive but sen francisco. i will continue making that very strong, and everything i do everyday will be to continue to create jobs in our city. thank you very much. [applause] thank you, mayor lee. and to welcome their mayor jean quan, ed wasserman, who is very active in this community. [applause] i want to join in the welcome to all of you here on this valentine s day, a day for all of us to cherish our loved ones, including our love of our cities, which is what we re talking about this morning. wendell rosen is a law firm founded 103 years ago in oakland at 12 and broadway just across the street. we are still at 12 n. broadway. we have a little better view 24 floors up, and we are proud to be in oakland, and we are growing in oa
$380 million deficit, and we were struggling with how to meet a rising and increased cost in our pension and health-care obligations. a year later, our city has come together to tackle pension reform and balance the budget. most importantly, we put people back to work. in the last 12 months, we have created jobs for more than 17,300 san franciscans, bringing our unemployment rate to 7.6%. that is the third lowest behind marin county and san mateo, but i will tell you this as i study marin county and san detail, you know, they have got that wine up there in marin county. i think we consume the most of it. and in san mateo, i notice we have got a big airport there that is bustling. we have a lot of contributions to the other two lowest unemployment rates. and just yesterday, our city controller s report give is more positive news about our economy. with revenues of about $129 million greater than expected and projected in the first six months of our fiscal year. i stand befor