These are folks that have been in our schools and know our kids and are beloved, and im excited to help support them through the program. Im also excited about the cohortive teachers of color. I had the opportunity were you with me on that, mark . We went to the reception for the teachers of color, and it was just really great to that we have a targeted team that really seeks out our teachers of color. Im curious about San Francisco state. In the past, theyve been kind of our largest resource for recruitment and just wondering how if we still have a strong relationship with them. Im seeing that were working with other universities, and just wanted to check in with them i mean, with you on them. Yeah. Great. San Francisco State is the largest partner in our ihe, our network, and we do make a point of meeting with them separately, as well, because they are a critical partner in filling a lot of our positions. So one of our initiatives that were working on now is being more strategic in how we place interns and Student Teachers from San Francisco state so that its more strategic and more focused towards our pipeline needs. So similarly what were doing with our other pipeline, were targeting t working with the folks at hr. A lot of this happens by relationships, that folks at sfsd has with a lot of principals and teachers, so were broadening that. I think were doing this with a lot of new programs, but also with state. I also want to make sure we provide the appropriate supports and on boarding for those teachers as well, because that seemed to be a little bit of a deficit in the past and something that weve heard from teachers in the past, like, you know that wasnt happening at readily. And im really glad that were doing a lot more focus on a lot more robust onboarding, because i think that makes a huge difference between our district and another district. If a teacher makes a decision to go to a district down the road than ours because were going to provide the type of support services that they need to feel welcome and to feel like theyre being honored and appreciated. So and i know several years ago, we did a whole onboarding for teachers through the ilab. Did any of that stuff stick . Are we using any of those new onboarding pieces that came from the ilab . Yeah. Confer he continuing were continuing to integrate people with ideas coming from the ilab, and were doing what are people doing from the time that they are hired until theyre hired by the schools. I think that weve identified through the survey data that thats been a weak spot, and so weve implemented some of those new initiatives last year, and we aim to implement some new ones for the coming year to better support folks that are coming both from San Francisco state and across all of the different areas where we hire, both with a twoday two full days of orientation that is both technical and also specifically focused on curriculum. As well, weve Just Launched an Online Professional Development catalog where folks can begin taking courses around our core curriculum once theyre onboarded with the systems. We have worked really diligently with the department of technology and Human Resources to make sure that the office of professional learning and leadership knows exactly who all the new teachers are, which one of those teachers are emergency teachers or interns or earning their preliminary versus teachers on clears, so we can make coaches we have for the first couple of weeks of school versus assigning them at the end of october, and we think thatll help at well. And leslie, one of the things that im working on is some kind of a teacher incentive or payment program, you know, looking to find some funds that we can use to support teachers in some way. Are any of the programs that we have here do any of the teachers incur their own loan or fee or tuition that has become burdensome or if and within any one of these programs if there was a way to support these funds or in some capacity as an incentive. Is that useful to you . Well, the right answer is yes. We we would love to talk. If youre identifying sources of funding that can support any of these programs, wed love to talk. Okay. Lets do that at some point because weve kind of conjured up some ideas, but i think if we can make them a lot more concrete and attach them to programs within that speak specifically to teacher recruitment, there could be some really great alignment that could come out of that, so well find some time to do that. Great. Any other questions or comments from my colleagues . All right. Seeing none, thank you all so much. This is great and exciting. We look forward to having zero vacancies in the fall. Yeah. [ applause ] all right. Section i is the consent calendar, items removed at previous meeting. There are none tonight. Section j is the assignment of proposals to committee. There is one item, board item 13390, and unless i hear different from legal, this policy is referred to buildings and legal, grounds, and legislation committee, so can i hear a motiand second for firs reading of this board policy . Second. So moved. Section l is Board Members reports. Standing committees. We have no Committee Meetings that have taken place since our last Board Meeting oh, last night. You already reported on that. I have a little more. Okay. Board policies and Community Meeting met last night. Some good news, theres a basic prediction with the governors 201819 state budget preliminary proposal, which will be released tomorrow. Were hoping that School Spending authority could rise by 5. 3 billion, including prop 98 going up about 650 million, base funding up 2. 6 billion, and 1. 1 billion in full funding from the current year. We could reach full lcf funding in 201819, and still ranked 46th in the nation even with that funding in Education Funding among states. So the good news is well get all of our money, probably. The bad news is were nowhere near even the state median. So we talked a little bit about what we as a state could be doing, and obviously, prop 13 has been at the forefront of everybodys mines over the years, to split that so that corporate or agro businesses were taxed differently and part of that money would make it to Education Funding. We locally are looking at a ballot initiative, living wages for educators in 2018. Theres another pushing the envelope on funding, not just adequacy. And then, focusing on increasing the lcff base. And a lot folks now that la unified as a board resolution thats promoting 20,000 perkid by 2020, and theres a get to the real 200708 level and add to that. Really, in my mind, though, prop 13 reform is the real way to get to Adequate Funding overall for californians. Theres a number of state legislative priorities that we would like to see shored up. Funding for cte, special ed, focus on funding and distribution. Child care focus on availability of slots and reimbursement rates, foster youth and children with incarcerated parents funding, filling the teacher pipeline and Charter School reform. And then, theres been talk and its been ongoing. Weve talked about it, about having a 51 parcel tax threshold. Thats it. I want to thank counsel very much for helping us through the discussion, and Council Member cascio. Any other Standing Committees . I just want to announce that the Curriculum Committee will meet on wednesday, the 17th, at 6 00 p. M. Any others budget commissioner wong. We will have a budget and finance Committee Meeting on that day at 9 00 p. M. The personal labor and affordablity Committee Meeting will be meeting on thursday, january 25th, at 5 00 p. M. Great. Thank you. And then, the links and grounds will be meeting on the 22nd, and i am going to check to see if we can move the time on that, as well, to move it to 5 00 instead of 6 00, but ill check with my committee members. Okay. So any other Board Members to delegate commissions . Seeing none, calendar meetings, we just went to. Section m, we dont have one. Section n, we dont have any memorials. The next is okay. Wed like item section p, wed like to resume the regular Board Meeting and report of closed section items i move to approve the Employment Contract between the district and the chief of Human Resources grade m23 step 6. Could i get a second, and then, roll call, please. Second. Thank you. Okay. Roll call. [ roll call. ] thats seven ayes. Great. Thanks. And then, i will read the actions from tonights closed session. In the matter of one case of anticipated litigation, the board voted by a vote of 65, the board by a vote of six ayes and one absent, haney, approved the statement of charges and resolution to dismiss one teacher. The board by a vote of six ayes, and one absent, approved a resolution to suspend without pay one teacher in the in the matter of sfusd versus lm, case number 2017110545. The board, by a vote of six ayes, one absent, gives the authority of the board the district to pay the stipulated amount. Section q, this meeting is adjourned. I am so looking forward to the street fair tomorrow. It is in the mission, how are we going to get there . We are not driving. Well what do you suggest . There are a lot of great transportation choices in the city and there is one place to find them all, sfnta. Com. Sfmta. Com. It is the walking parking, and riding muni and it is all here in one place. Sitting in front of my computer waiting Transportation Options that is not exactly how i want to spend my saturday night. The new sfmta. Com is mobile friendly, it works great on a tablet, smart phone or a lap top, it is built to go wherever we go. Cool. But, lets just take the same route tomorrow that we always take, okay . It might be much more fun to ride our bikes. I am going to be way too tired to ride all the way home. Okay, how about this, we can ride our bikes there and then we can take muni home and it even shows us how to take the bikes on the bus, so simple right here on my phone. Neat. We can finish making travel plans over dinner, now lets go eat. How about about that organic vegan gluten free rest rft. Cant we go to the food truck. Do you want to walk or take a taxi. There is an alert right here telling us there is heavy traffic in soma. Lets walk there and then take a taxi or muni back. That new website gives us a lot of options. It sure does and we can use it again next weekend when we go to see the giants. There is a new destination section on the website that shows us how to get to at t park. There is a section, and account alerts and information on parking and all kinds of stuff, it is so easy to use that even you can use it. That is smart. Are you giving me a compliment. I think that i am. Wow, thanks. Now you can buy dinner. Sfmta. Com. Access useful information, any everyone please rise. [reciting the pledge of allegiance] roll call, please. Before we go, i guess first item is going into closed session. Before we go into closed session, i want to give the public a chance to comment on going into closed session. Are there any members present that would like to address the commission . Seeing none, well close public are we ready . Closed session, is there a motion not to disclose . I will make the motion. Is there a second . Second. Can we take the item without objection . Item passes. Mr. Secretary, next item. General floor comment. Before we go general Public Comment, i want to make a quick announcement. I think there was confusion as to the agenda on todays meeting. Theres nothing today on fossil fuel investment. That meeting is on the 24th, as posted on the website. We apologize for any confusion. First, john furland. Two or three minutes . Two minutes. I wanted to comment on the ci reports. There was a great start in the absolute return section of the report. Im happy because ive supported that for almost three years now. Secondly, theres nothing in the report on well, one phrase on risk. And so, were in the middle of an extremely complacent meltup phase, which Jeremy Graham just wrote about. Nobody knows the results. For the february 13th panel on risk mitigation, that you bring in an outside person who has a little bit more bring in jeremy grant, if you want. Kyle bass is going to speak at the pension bridge conference in april. Bring him in or meet with him on the side. Bring somebody in like that whos going to give you a little bit of a scare. Number two, just repeat. I think the managing director, Risk Management innovation should be a fulltime managing director for a risk officer. She would include a section on the cios report. It needs to be a section ten years in on that cio report. I would say congratulations. You guys are doing extremely well right now, but frankly, monkeys throwing darts at a board can do well. Were a bull market. Okay . What you need to do is focus on risk. I was a tech analyst on wall street. Im a big fan. Before that phase, you have to survive a bear market. And theres far too much complacency. Thank you, mr. Furland. I have a speaker card for david page. Hello, everyone. Nice to see everybody again. I used the time i came early for the 2 30 Public Comment, and i ended up here a little early. So i used the time to go back to my old office, and i met with one of my coworkers whos about to retire. I wanted to report that hes really looking forward to that pension. And at the same time we got news from Santa Barbara that theyre still pulling bodies out of the mud. So what does one have to do with the other . If youve heard me before, if youve been doing your own research, you know about how to collect the dots between fossil fuel companies, Global Warming, and the weird weather, but just in case you havent, i sent you a pdf over the holidays about Global Warming review. I just want to make sure, did everyone get a chance to look at that . Anyone . Quick show of hands. Commissi commissioner driscoll, i knew i could count on you. Just in case you havent seen it, i figure youre all extremely busy, so i didnt write another long report at this time. I just sent in a bunch of photos for the slide show. Theres like 30 pictures, if you want to look. Takes maybe three seconds a picture. You get done in a minute and a half. I will resend it. Its called Global Warming review, and its in a pdf. Thanks very much. Up next, i have a speaker card for kai hung phonetic . Im sorry. Thank you very much. I called it out of order. My mistake. I have another speaker card for general Public Comment. Is there anyone else who would like to address the board under Public Comment . Im john i would like to give you an update from ten years ago. It started on january 5th, 2008. As you know, 2008 was one of the largest down years in stock market history. The bet ended on the 21st of december, just a few weeks ago. Over a tenyear period, the s p 500 will outperform the vast majority of hedge funds. If you piggybacked with the hedge fund ten years ago, after ten years, you would have a gain of 220 million. If you took one and put 1 billion, you would have gained 710 million. Thats nearly three times in a moderate risk investment, taking on an investment. I think the fifth of may this year, the stockholders meeting, i would recommend you send mr. Coker to the Stockholder Meeting because theres going to be a lecture on why nobody should invest; especially pension funds, into hedge funds. 30 seconds. One last thing. Hedge Fund Managers will always tell you one of the reasons you invest in hedge funds is the best and the brightest. In previous meetings, ive told you that a monkey could outperform most hedge Fund Managers. You thought i was joking. If any of you want to produce off mic i will prove that a monkey can outperform most of the hedge Fund Managers. If you want to take me up to the challenge, i will prove it to you. Thank you. [laughter] are there any other members of the public that would like to address the commission under general Public Comment . Seeing none, well close general Public Comment. I think there are two items were going to continue excuse me. Just one. Were going to continue item eight. Mr. Hung, well not be calling that item today. Mr. Secretary, next item. Item five, an action item, approve december 17th, 2017, retirement Board Meeting. I move adoption of the off mic . I will second the item. We need a second, correct . Second and a vote . Okay. I will second the item. Well open it up to general Public Comment . Is there anyone who would like to address the committee on this item . Can we take this board without objection . Okay. Passes. The consent calendar. We have a motion. We have a second. Well open it to general Public Comment. Are there any members of the public that would like to address the commission on the calendar . Seeing none, well close general Public Comment. Any discussion . Being none, can we take the item without objection . Item passes. No. 7, action item. This is a recommendation to hire a small cap manager. I would first like to introduce you to our new managing director. He has 20 years plus experience in investment experience. I would like him to introduce himself to the board, and well ge