More than likely wont even be onefourth of the time. I just need to have a clear understanding of how the time is broken down for that in particular. Secondly, i think what im missing here, i know this is really from my understanding and just, i was hoping you could clarify, were talking about this budget in the context of general fund dollars, not necessarily the cca dollars that come from the puc this is lafco general fund, which is separate from city and county general fund. Okay. And so where is this money coming from . This money, the city prior to i think any of the current commissioners, lafco for many, for multiple years had been receiving a large chunk of money from the city and county and we just had built up a very large reserve. So what we have been doing for the last 7 years is spending down that reserve. It all came from the city and county of San Francisco, thats our only Funding Source when you take away the cca funding stuff. When you take away all of that, all our fun
Welcome to squawk on the street live from the New York Stock Exchange, im carl kin ten nia with melissa lee, cramer and neighborer are off today but we are joined by dennis. Good morning to you dennis, thanks for coming in. Futures today, a lot to deal with as you probably know. The fiscal cliff headline watch continues. You just heard john kanas say the market not too concerned. Futures up 21 points. Decent data out of europe, we will talk about in a minute what a day for the asian markets again. Also coming up. Our road map begins at Andrews Air Force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt . Does the market fade if theres no news tomorrow night . The nikkei continues its 21month run. How much is the boj willing to put up with . Looking a at potential strike in the nations port on the east and southern coast, the first since 77 that could cost retailers and impor
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