Will have transfer tax above what we projected in the report on what we see in the current month to date. Under our reserve provisions, 75 of that goes, is deposited to reserves. There are other offsetting revenues that we would also want to be mindful of. Im trying to think of theres a few that kind of, i have my eye on. One is sales tax, one is interest earnings, kind of like a sleeper revenue, but we assumed pretty substantial growth in that, so i dont know where we are going to end the year with that. So, possible news to the good thats easy to know about, and mindful of things that go the other direction. Thank you. The shortest possible answer as always, we do a review of revenue assumptions, the change in may after the revenues that we use to balance, or proposed the balance the mayors budget and a report the next couple of weeks. Thats those additional revenues are in consideration for this budgeting of this fiscal year, is that correct . We are in the process of reviewing what
Year, but what we had as of june 1st. We also reported briefly on the discretionnary general fund. So, the citywide General Fund Budget is increasing by 10. 5 , from 5. 5 billion in the current year to 6. 1 billion in the proposed fiscal year 201920 budget, and after set asides and base lines, 3. 6 billion in discretionary general Fund Revenues in 1920. We also briefly reported on budgetary reserves as you have also heard from the controllers office. These reserves include the rainy day reserve, the general reserve and the budget stablization reserve. According to the majors budget book, 459 million at the end of 1718, 9. 2 of general Fund Revenues, and projected to reach target levels of 10 of revenues during the current year. We also reported briefly on the impact of the november 2018 ballot propositions. Programs in the department of homelessness and Supportive Housing to be funded by proposition c, impose a half percent gross receipts tax on businesses with revenues above 50 millio
And mystery in maui. The newlyweds enjoying the honeymoon of a lifetime when they contract a deadly disease. Sending them to the hospital. Now hawaiis Health Department investigating. Good morning, america. Happy thursday. It is a busy one. Oh, it is, and the family lawyer of that united passenger dragged off the plane, they are going to speak out this morning. We have a lot of other important stories that we are following. Secretary of state Rex Tillerson is heading home after a tough meeting with russian president putin saying relations with russia are at a, quote, low point. And all eyes are on north korea. There are new concerns they may lunch a missile test as they mark their 105th anniversary. President trump heading back down to maralago where hell celebrate. Easter. More on that. We begin with that trouble with russia. Our chief Foreign Correspondent terry moran in moscow with the latest, coming off the intense meeting this morning. Good morning, terry. Reporter this morning, t
And mystery in maui. The newlyweds enjoying the honeymoon of a lifetime when they contract a deadly disease. Sending them to the hospital. Now hawaiis Health Department investigating. Good morning, america. Happy thursday. It is a busy one. A family lawyer of that united passenger dragged off the plane, they are going to speak out this morning. We have a lot of other important stories that we are following. Secretary of state Rex Tillerson is heading home after a tough meeting with russian president putin saying relations with russia are at a, quote, low point. And all eyes are on north korea. There are new concerns they may lunch a missile test as they mark their 105th anniversary. President trump heading back down to maralago where hell celebrate. Easter. More on that. We begin with that trouble with russia. Our chief foreign couldnrrespon terry moran in russia. Good morning, terry. Reporter this morning, secretary of state Rex Tillerson heading home to washington after a trip that r
National museum of American History. It is wonderful to welcome you to our new floor that is looking at innovation and invention in america. To start with that, we have some modelsary pac10 and examples of early invention and technical invention. Even have apple one up here, which is quite extraordinary. He you will see as we walk you start to see all , these exhibitions that are focused on ways in which we have developed a new way of thinking. A new way here we have the value of money, which has the most extraordinary collection of gold and silver coins, paper. All of them are oriented in a way to help understand the role of money. We end up with the bitcoin. You can see over time, how we understand value, trade, exchange, as we go forward. Walk into part of the show where we have American Enterprise talking about the social and cultural history which is really your history, of , capitalism, business, the common good. Before we get to that, here is one of my most favorite objects, the