Were going to go back to steve as soon as we sort out the audio. The main information, 100 was the vote in favor of this decision as steve was just beginning to say, theysh no plans to raise Interest Rates through 2022, and said theyre committed to providing more support following shutdowns to contain the coronavirus. The dow is still down about 150 points we still have the tenyear treasury yield kind of drifting toward the lows of the session before the decision hit. Steve, let me bring you back in here im sorry. Well go back to steve in a moment were running through the tenyear troishry yield. Now just a mare john, is there more you would like to hear sorting through the statement . It looks like they have made a statement about continuing bond purchases at current levels i think thats a pretty big deal they had been tapering bond purchases, and i think what theyre signaling today is theyre not going to continue to taper that i think importantly theyre looking for bond purchases to h
Of essential workers and whats available. What we plan to have this summer and what people can do to either sign up or what other programs to do to prepare under the new guideline for the programs that they want to make available to people. So, lets get started. Phil, you we hit the ball running, both you and maria su got together because we knew the schools were going to close. But we also knew that there was an essential workforce out there. People who were driving muni, people who were working at hospitals. They had children. They needed child care. They were concerned about taking their children to their elderly parents. They couldnt leave them at home. Tell us a little bit about the program that you established that is available currently and will potentially be extended once programming starts for june 15 during the summer. Thank you, mayor. Yeah. You asked us as soon as the schools closed to start thinking about our kids and working families, particularly our Health Care Workers
Clerk. Can you please call item number one . Yes. Item number one, hearing budget process and updates for fiscal years 20202021 and 20212022, hearing to review the budget process and related updates and requesting the Controllers Office, Mayors Office of Public Policy and finance and budget and legislative analysis to report. Public comment should call the number and then press 1 and 0 to line up to speak. Thank you very much. And today we have ashley from the Mayors Office. Kelly kirkpatrick is also available to answer any questions. Also, mr. Ben rosenfield, our controller, can join us for a short period of time. As reminder, the focus of todays meeting is to hear the mayors budget instructions and process for departmental budgets and then mr. Rosenfeld will share Historical Context of past recessions in our next meeting. Ms. Grockenberger. Thank you, chair fewer. Good afternoon, supervisors. Im the deputy budget director in the mayors budget office. Today im going to walk you throug
Announcer sfgov tv. San francisco government television. [gavel] chair peskin good morning and welcome to the San Francisco county Transportation Authority meeting for today, may 19th, 2020. Our clerk is ms. Angela tsao. If you could please call the roll. Clerk commissioner fewer . Commissioner fewer present. Clerk commissioner haney . Commissioner haney present. Clerk commissioner mandelman . Commissioner mandelman present. Clerk commissioner mar . Commissioner mar present. Clerk commissioner peskin . Commissioner peskin present. Hold on. Clerk commissioner preston . Commissioner preston present. Clerk commissioner ronen . Commissioner ronen present. Clerk commissioner safai . Safai absents. Commissioner walton . Walton absent. Commissioner yee . Commissioner yee present. Clerk we have quorum. Chair peskin thank you, madam clerk. Do you have any announcements . Clerk yes, i do. Thank you. Public comment will be available for each item on the agenda via telephone by calling 888 2045987
Present. Clerk commissioner ronen . Commissioner ronen present. Clerk commissioner safai . Safai absents. Commissioner walton . Walton absent. Commissioner yee . Commissioner yee present. Clerk we have quorum. Chair peskin thank you, madam clerk. Do you have any announcements . Clerk yes, i do. Thank you. Public comment will be available for each item on the agenda via telephone by calling 888 2045987, enter access code 2858465. As seen on the screen. Then follow the system prompts. Once you join, youll be able to listen to the meeting as a participant. When you wish to speak on an item, dial 1, 0 to be added to the queue to speak. Each caller will be allowed two minutes to speak. When two miles per hours are up, well move on to the next call caller. Best practices are to speak slowly, clearly, and turn down the volume on your television. Please allow for audio visual delays and a 30second lag time during the course of the meeting. Announcer your conference is now in questionandanswer