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About the eligibility requirements of the current child nutrition assistance cadre of programs as they exist today . I think the important thing when youre talking about reducing errors and improper payment which is i think we all agree is a very important endeavor is to create a culture where a culture of compliance with the rules. We want the rules to be followed. I dont think the rules themselves are the problem i think its helping people understand them and there are lots of different people involved in the system. Its families when theyre filling out applications, its schools when theyre running programs, its states when theyre administering them. So i think that kind of day in and day out work is whats most important to reduce errors and reduce improper payments in the program. I would second that and also add its important to as a former president once famously stated, its important to not only trust but verify. I would add to that and say its important to trust and verify in a ....
Has put in place knew rules for prime institutional funds that get rid of the fixed dollar value. They will have net asset values that will reduce run risk. That aside to allow firms to impose fees something that could create Financial Stability risk that we need to watch. The so called Triparty Repo market which is a major source of shortterm wholesale funding, that contained great risks. We have taken steps important steps to mitigate. Central counterparties a thrust of reform has been to try to move as many derivative contracts as possible into central counterparties to have them. By central counterparties something that serves to reduce risk and complexity and enhance Financial Stability but when these entities themselves become systemic and clearly need supervision something that you have mentioned in imf w ....
Once again moving towards the east, a lot of heavy rain, flooding rain associated with this. Were talking about Burlington County, were talk about Philadelphia County and this is moving very quickly toward the north and the the east. We have more then are storms to talk about a Flash Flood Watch will continue through late tonight, main threats, of course, very we have i downpours, rain rates between 1 00 and 3 inches an hour with these storms. Lightening. Win in chest of 60 miles an hour and our current severe storm. Some hail has been reported as well, penny or pea sized in many locations. Through 8 00 oclock tonight heavy rain and some storms, everything progressing eastward toward south jersey between 8 00 p. M. And midnight. Were talking about scattered showers and storms and after midnight gradually clear ....
And colleagues. Im going to present the first San Francisco and childrens families budget for fiscal year 1516. You can see on our first slide the allocation for 1415 is 27. 4 million. We have some in interest and using about 4. 7 million out of our reserve. Making our total revenue 35 million. With prop 10, the tobacco allocation from first five california. Well have about a 5. 5 million. We have a special project called the Signature Program which is additional 6 million. This money is targeted to the Bayview Mission and the valley for programs to enhance the quality of their preschools and infant toddler classrooms. We have the race for the top dollars from the state down to us. Its to develop a quality rating and improvement system for Early Childhood progra ....
Million. As you know the board of supervisors previously approved legislation in january allowing the war memorial to sell Development Rights and tdr is supposed to pay this appropriation. I will let you know that we have our dpw project manager here and i have additional slides to go through on the Veterans Building if you would like more detail on that. Otherwise i will just show you our picture of herbs theatre construction in progress. You have any questions, im happy to answer them. Thank you. It looks beautiful right now. Im sure it will look more beautiful later. Okay, why dont we go on to the budget Analyst Report. Thank you for your presentation. Mr. Chairman, members of the committee. Shall i comment, mr. Chairman on items 12 and 13 which i think have been called . Please do. 13 is issuance of commercial ....