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SFGTV January 19, 2014

We do its predicted upon to establish the reserve and by the end of that 10 year plan we satisfy the 15 percent of operating right side and expenses and the debt coverage ratio. So in year one and two were satisfying that debt service so were technical low meeting reserves but by 3 through 10 its no longer substantial. How much is that president ial thats about 27 to 28 million so right now we have 20 million in reserve so were showing that next year and in the two years as well. I want to highlight although were submitting a two year budget its eating into our reserve so i hope to meet quarterly and if we are looking at, you know, not increasing our revenue it would be prudent to start directing our costs. So instead of waiting for year two and our reserves are down to fumes we need to do corrective actions as soon as we know that we know things were planning on pursueing. We probably need to really, you know, pursue a lot of those things were pursuing and get back to you im looking t ....

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SFGTV January 21, 2014

Thank you in light of that its not playing the devils advocate but a lot of the the programs people begin to count on it and i think it would be a mistake if we didnt at least entertain the notation of continuing the agenda item so were continually updated and obviously, the stakeholders and public villaraigosa an opportunity to abstract to the discussion i wouldnt want to find out proposed cuts. I want to have dialog each meeting and if theres nothing to report then so be it but to over discuss it and over analyze it would benefit all of us picture thats my request unless theres objections. I want to pout you are definitely psych we need to come quarterly and give you an update. We laid out our plan of attack and everyone i may ask for saubs in doing things and i think everyone has a stake in that and when we get to a point to reduce costs that will, you know, be, you know, give them information to let them know that programs that weve funded are in jeopardy. We need to do. You notice ....

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SFGTV January 24, 2014

Resell it or saving money to a pay for other Capital Improvements we know we need to pay for we have Green House Gas emissions and maintenance to have information about the rate of return for the go Solar Program versus the renewable comparing it and prioritizing it. We can do that. I apologize for the interruption. No, its a helpful dialog. You know that challenge together with the other challenges ive listed on page 8 puts us in the fiscal cliff situation thats on slide 9. We have various somewhere put together by our Financial Team and in cfo services group. You can see, you know, we are above zero until we get to the 16, 17 fiscal year where we begin to dip below by fiscal year 17 under ail scenarios. We had the black bar that you see im looking at a nonco ....

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SFGTV January 27, 2014

Satisfy the 15 percent of operating right side and expenses and the debt coverage ratio. So in year one and two were satisfying that debt service so were technical low meeting reserves but by 3 through 10 its no longer substantial. How much is that president ial thats about 27 to 28 million so right now we have 20 million in reserve so were showing that next year and in the two years as well. I want to highlight although were submitting a two year budget its eating into our reserve so i hope to meet quarterly and if we are looking at, you know, not increasing our revenue it would be prudent to start directing our costs. So instead of waiting for year two and our reserves are down to fumes we need to do corrective actions as soon as we know that we know things were planning on pursueing. We probably need to really, you know, pursue a lot of those things were pursuing and get back to you im looking the bar chart that says in the coming fiscal year year one were down to 2. 7 million. That ....

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CSPAN2 Key Capitol Hill Hearings February 7, 2014

Some real poison pills in it. Its good that the senator has stepped back. Its bare and it sends a message, but i dont think the message has to be brought to a vote. I agree and i just wanted to add i know we are on capitol hill and there are many staffers from the Republican Democratic sides. Congress has already played an Important Role. Iran is at the table in large part because of the sanctions booted into play the european union. So the congress has done a very effective job sending the signal and enhancing our leverage that we might look to the history to just recall how america has built with different crises in the past with the president in support. When president jefferson dealt with in the 19th century or Theodore Roosevelt in the japanese war of 1905. Franklin roosevelt in trying to negotiate to pre ....

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