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Transcripts For SFGTV BOS Budget FinanceBudget Appropriations Committee 20240712

August 20, 2020. Budget and Appropriations Committee. Good morning. This is the august 20, 2020 rescheduled budget and Appropriations Committee meeting. I am joined by supervisors walton, mandelman and president yee. I would like to thank sfgovtv for broadcasting this meeting. Do you have announcements . Due to the covid19 health emergency, the Committee Room are closed. Members will participate in a meeting remotely. This is taken pursuant to the local, state and federal orders and directives. Committee members may participate to the same extent as if physically present. Put lick comment shall occur at the recessed meeting august 24 at 10 00 a. M. You may send it in the following ways. Email to the budget and finance committee clerk, and it will be forwarded to the supervisors and included as part of the official file. Thank you, good morning. We are reconvening our meeting from yesterday. This weeks hearings are focused on changes and reductions that the Budget Committee would like t

Transcripts For SFGTV BOS Budget And Appropriations Committee 20240712

Clerk there are five ayes. Chair fewer thank you very much. Colleagues, id just like to say, get a good nights sleep tonight because tomorrow will not be so easy. I think we saw departments very compliant, and tomorrow, they will not be. Supervisor ronen im so excited. I have time to actually study. Chair fewer so everyone got the b. L. A. S report. Look at that, and say these are the recommendations, and if you can think of other things, great. This is where we start, and so we are growing that pot. Congratulations to all of you for growing that pot for the add back, and for the communities. Okay. Thank you very much. Seeing nothing further, this committee is recessed, and thank you, madam clerk. Clerk of course. Good morning. This is the august 20, 2020 rescheduled budget and Appropriations Committee meeting. I am joined by supervisors walton, mandelman and president yee. I would like to thank sfgovtv for broadcasting this meeting. Do you have announcements . Due to the covid19 healt

Transcripts For SFGTV BOS Budget And Appropriations Committee 20240712

Participate to the same extent as if physically present. Put lick comment shall occur at the recessed meeting august 24 at 10 00 a. M. You may send it in the following ways. Email to the budget and finance committee clerk, and it will be forwarded to the supervisors and included as part of the official file. Thank you, good morning. We are reconvening our meeting from yesterday. This weeks hearings are focused on changes and reductions that the Budget Committee would like to make to department budgets. A few things i want to know. There is no trailing legislation today. Reminder to new members. The hearings are noticed separately. This is all one meeting. We are taking up the following day at 10 00 a. M. One meeting for wednesday, thursday and friday. No Public Comment this week on the budget, which is items one and two. All Public Comment will be heard on monday, august 24th at 10 00 a. M. There. Is no other business on monday except for the comments. The budget and Appropriations Com

Transcripts For SFGTV Mayor Breed On Proposed City Budget For FY 2020-21 And 2021-22 20240712

Supplies, and work orders of other city services, such as department of Human Resources, Controllers Office services, and rent. We have six f. T. E. S with the Directors Office vacant since march of this year, and we have an open grant funded position that youre not seeing in this chart, just vacated last week that were working on filling quickly. We, like all City Departments were instructed to propose a 10 reduction. We proposed initial reductions amounting to 959,000 annually, and this was an across the board proposed reduction of almost 12 to our communitybased grant fees. Realizing the impact of these grant fees to the vulnerable populations and the populations these serve, the Mayors Office asked us to submit some lower alternative reduction scenarios. The Mayors Service accepted our approximately 7 reduction, which would come from the departments genderbased balance intervention program. Understanding that all of our grantees work serves vulnerable and underserved communities, t

Transcripts For CSPAN2 Federal Reserve Chair Powell Holds News Conference 20240712

Interest rates, remains unchanged for the recent rise in covid19 cases. This runs an hour. The pandemic continues to cause tremendous human and Economic Hardship in the United States and around the world. The most important response to this Public Health crisis has come from our healthcare workers and remaining grateful to them and many other essential workers for putting themselves at risk day after day in service to others and our country. All of us have a role to play in our nations responsibility to the pandemic. The Federal Reserve remains committed for using tools to do what we can to do as long as it takes to relieve stability and be as strong as possible. And lasting damage to the economy. In recent months Economic Activity picked up as the economy began to reopen. Many businesses opened their doors, restarted production and more people left their homes to engage in various activities which as a result Household Spending looks to have recovered half of its earlier decline, like

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