These issues i have mentioned lead me to introduce the Refugee Program Integrity Restoration act of 2017. Into place that where it should be in Congress Also the states and localities should have a true state whether theyn can resettle refugees to detect fraud or reduce National Security concerns. I know this past tuesday marked thees end of the suspension of executive order. And i know that department of against screening with refugee applicants with that adjudication m process but that Previous Administration said in response to any security related questions the serb refugees were the mostriue vetted but even after never understood by the administration thought simply because they were the most vetted that it was sufficient but it seems within months of taking over they have identified several areas in which it could be improved and i appreciate the attention to security concerns and the steps taken i look forward to the testimony of the witnesses and i yield back the of balance of
Good morning. This is the budget and finance subcommittee meeting for april 27, and it is 1005. The chair malia cohen, is on her way. She said lets get started so im the vice chair norman yee and to my left is supervisor tang. So, todays clerk is john carol and linda wong, and i want to thank sfgtv for airing or recording this and which will be made available to had public, and want to thank the staff there jesa larsson and leo deosis. Any announcements . Yest. Please silence all cell phones and electronic devices. Speaker cards and documents to be included should be submitted to the clerk. Items will appear on the may 9 board of supervisors ajendsa unless otherwise stated. Okay, could you call item 1 mpt item 1 is resolution authorizing department of Public Health and expend a gift in proxly 664,567 from San Francisco General Hospital foundation to par tis pace in Public Health Community Outreach cam page from february 1, 2017 through january 31, 2019. Okay, thank you. Come on up, and
Nay, kim aye, peskin aye, ronen aye, safai nay, sheehy aye, tang nay, yee gentoo breed nay there are four twin one and 710 to nay. Okay. The motion fails. [gavel] with that would someone like to make an alternative motion . Supervisor tending thank you ill make a motion to move forward item 14 and file item 15 and 16. Supervisor tang has made a motion to approve item 14 and table 15 and six and is there a second . Seconded by supervisor farrell. Mme. Clerk, on the motion, please, roll call cohen aye farrell aye fewer aye kim nay peskin nay ronen nay safai aye sheehy nay, tang aye yee aye breed aye. There are seven aye and for nay. Item 14 is approved and i am 15 in 16 our table. [gavel] mme. Clerk lets go to item 22 yes. Item 22 is a resolution to urge the office of the treas. And Tax Collector to convene a Municipal Public Bank task force to increase transparency and equity across the cities financial functions. Supervisor trenton San Francisco thank you very much pretty quickly the i
To school at berkley im not going to hold it against i. I want went through the Public Schools i have a passion. We balance them out. How about going onto the consulting process thank you i didnt i wasnt over elaborate but pages 13 and 14 our approach to consultant we believe passionately in building a disif i had portfolio to achieve the best possible return for clients at a risk level appropriate to that clients liability structure and the tolerance for risk i mentioned earlier we have clients Public Safety is an interesting one were any return above 9 percent goes to pay or half of the increment goes to pay a pb i to members thats a horrible design important a pension plan you dont want loot volatility if you eastern half it and leaks out that system is very, very tight in their risks a dive if i did they try to arena different plans are more tolerant to the equity so we try to build projects to meet the tolerance level for risk on the board as well as the liability structure of the
Profitable areas of management. For health care comboumentsz some corporations weighing well do more of the discretionary business they didnt have staff well have a 5 million endowment with no staff thats an attractive opportunity. Earlier the public funds were more than one billion dollars and our crazy to outsource 5 to plus basis. 80 then to hire staff. What resonated your pubically only not endowments theres a terms of fiduciary who the customers are for the endowments and the public i like the way i phrased it the public nature of funds im glad to see your public only, if you will, and number two no management any hedge fund no. Have to ask that and number 3 e s g governance issues not just selling the fossil fuel companies but generating the renewables about solar what youre doing to promote investment in those kinds of things. We do have within our 50 Percent Research team a 5 person team focused on real assets and that includes real estate and fossil fuel but renewables so weve