Status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa has distributed 162 million to these groups over the life of the program. The third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. Some of our certificates of depoiseits and commercial paper matured since the report and in january and february. A portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. The next report is the inception to date report and presents Capital Expenditures and revenues since the beginning of the program and the next is the Program Reserve and contingency status report. This report shows draws on the various contingencies and Program Reserve for Construction Contracts and change orders and thats my report and i will take any questions if you have them. Thank you. Great. Our next item is th
Budget actual report and through the end of the Second Quarter of the fiscal year we were within budget. Capital expenses were 36 of the capital budget. Operating expenses were 27 of the operating budget of the second report is the contract status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa has distributed 162 million to these groups over the life of the program. The third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. Some of our certificates of depoiseits and commercial paper matured since the report and in january and february. A portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. The next report is the inception to date report and presents Capital Expenditures and revenues since the beginning of the program and the next is the Program Reserve and contingen
I have to confess i havent really thought about it. The chief Financial Officer prior to us really having much in the way of financial work was Ed Harrington because he was the controller of the city and county of San Francisco and there was very little in the way of accounting transactions. We had because we were a sub grantee to muni they were the accountant so to speak so we had an excel Accounting System and little for ed to do. Once a month we would sit with him and he would look at our journal entries and he would sign off on them. As activities picked up we implemented our own Accounting System and ed was moving to puc at the time and fred clark who was at mta and trying to retire but we went let him and he was appointed but he was with tjpa as well and that seemed like a natural progression and i do take my duties very seriously. As i do as well and Board Officers are special and its fine being you need to be an employee. I dont want to denigrate that or misdirect that at all b
Certificates of depoiseits and commercial paper matured since the report and in january and february. A portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. The next report is the inception to date report and presents Capital Expenditures and revenues since the beginning of the program and the next is the Program Reserve and contingency status report. This report shows draws on the various contingencies and Program Reserve for Construction Contracts and change orders and thats my report and i will take any questions if you have them. Thank you. Great. Our next item is the budget revision schedule. We have been working with the Mayors Office and others with the timing and processing of what we need to did to bring to the board, informational items for the budget and the final budget for the boards consideration. Everything is tied to when we need to open the station concurrent with the park at the latter end of 2017 and her
Summary. The first is the budget actual report and through the end of the Second Quarter of the fiscal year we were within budget. Capital expenses were 36 of the capital budget. Operating expenses were 27 of the operating budget of the second report is the contract status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa has distributed 162 million to these groups over the life of the program. The third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. Some of our certificates of depoiseits and commercial paper matured since the report and in january and february. A portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. The next report is the inception to date report and presents Capital Expenditures and revenues since the beginning of the program and the next is the Pro