Visitors. We have so many people coming to the city, thank you god, and always looking for ways to reduce cost and family pass may be incentive to do that. When youre talking about removing the cable car provision from a particular pass, i think the chair was noting i think that the way you have it laid out right now, the passport keeps the cable car, but then we also do have the day pass without cable car. So a visitor could kind of decide do they want to do a passport, which lets them take advantage of the cable car as well. Good. Thank you. Yes, director ramos. Director ramos across the bay, they implemented a day pass and it would interesting to see how successful its been. I know there were questions how good it was how well it would respond to their riders needs, so i would encourage to look at best practices from them. Secondly, i wanted to clarify the option 1. I appreciate the differential and particularly with respecting the 25 cents limited for people with reduced fare. Limi
Meeting to go over their overview with our project leadership. They have delivered a project plan which we will be finalizing over the next few months. And they have also delivered their directionsetting schedule so we could start scheduling our people to meet and go over the direction setting. please stand by . But were going to make sure everybody is on the same page. Well be on boarding the employees that will be transfering to this effort. Groupwork and key organizational scoping questions are being answered right now. Preparation for direction setting, that is happening at this time. So we have a lot of work to get ready to build. But we have to have a lot of questions answered and we have to get everybody ready. So, we do have some risk. And the leadership is aware of this. So, i believe this is something that we could manage and what is a risk this is not a showstopper risk, but one other big risk is the upcoming direction setting session will require significant Time Commitment
What were working on right now and what you will see at the next hearing is were looking at a couple things, were looking at onetime funds that we could use that are coming out of the current year or onetime reven revenues to budget in the twoyear timeline horizon that would allow us to prefund some activities, including expenses with the Electronic Health Records Initiative and that allows us to move more costs into that first year and smooth out the transition out to the second year. So i anticipate by that the time we get to the completed submission from the Mayors Office that we should be at a place to hit the general fund targets that we discussed in the commissions fiveyear Financial Planning session. Okay, commissioner, is there an impact on our budget in terms of the revised in terms what well do and will we receive any additional revenue based on that or not . The Biggest Issue in the proposed governors budget is that theres a proposal to end the 340b Pricing Program and that
Week look at what happened overnight in asia. The nikkei eking out another gain a gain of 9 points, but thats the 14th day in a row that weve been looking at gains for the nikkei these are the highest levels weve seen in 21 years nikkei closing at 21,457 the hang seng with a gain of 1. 17 . And the shanghai up by 0. 28 the dax is up, the cac in france is up by 0. 21 spain is up, but just barely look at crude oil snapped a fourday winning streak. It is still above 50s a b s a on the wall street agenda just one piece of economic data, september existing home sales out at 10 00 eastern time. Well watch that carefully after getting some week housing numbers lately fed chair janet yellen is the keynote speaker this evening at an event at National Economists club in washington ge, honeywell, Procter Gamble, suntrust reporting results before the open. Later today an exclusive interview with ges chairman and ceo, John Flannery 10 00 a. M. Eastern, squawk on the street. Just to give explain why
We did see a little bit lower. Julie i think the black screen behind you was reflective of the mood. That is what they are trying to convey after the headlines regarding the Corporate Tax rate cut. Already, there was some riskof sentimentsf risk off sentiments today and that sent stocks to the lows of the session. As welle of the majors as the russell 2000 now at the lows following the headlines. There has been a lot going on overnight. There were some gerbils and the japanese market, european stocks fell, there were some jiggles europeanpanese market, stocks fell. The u. S. Dollar also a late lower after we get the headlines. They came back up and then dipping again, down about. 25 . That have been something to watch. , we haveof trustees the bloomberg showing other proxies of the tax cut right here. The russell 2000, which we just showed, which has been sideways, lower over the last month or so, then we have the s p 500 in yellow, which has been mostly distant until today, and then f