word, which, as with all the other city agencies sought expenditures growing much faster than revenue growth. that includes a bunch of proposed cuts we have put in place in terms of calculations here, cuts in management, cut and overtime, not budgeted over time. to reduce the overtime expenditure in the first year and reduce it further in the second year. other miscellaneous cuts, including the equipment budget. what i have also done here is included some relatively modest investment i think need to be

made to properly fund the level of service we are expected to provide an those admissions are primarily in the areas of maintenance. in the past years, as the revenue growth has failed to keep up with an expenditure growth and we have not significantly cut service, we have frozen the hiring of the maintenance positions of the people who clean the vehicles and provide the training for the operators and we have been somewhat short changing the system in order to keep service on the street. but that lack of funding yields open runs and vehicles that are not properly maintained and that are breaking down and adversely impact services. after taking cuts out of the baseline, i propose to properly

if not fully fund maintenance and other ancillary functions, including safety staff and enhanced fair inspection and felice staffing the crossing guard program. >> -- supervisor olague: because a supervisor elsbernd had to leave, i would like to recommend continuing at this. >> there are a number of different items that we do have and that is something we can take a look at. but it might make sense to have a supervisor elsbernd here when we are discussing it. perhaps we can go to public comment. we will entertain a continuance to the call of the chair.

why don't we open this up for public comment? supervisor campos: i know there are a number of people here to speak on this, but out of courtesy to supervisor elsbernd, we should continue this. supervisor chu: i would like to open this up to public comment. believe we will have this come before the committee again and there will be opportunity for public comment, but the folks have made the trip out here to speak, i would like to offer the opportunity to speak? -- i would like to offer the opportunity to speak. any members of the public who wish to speak on this item?

>> out of respect, we're going -- we have some video presentations and we're looking forward to the conversation. thousands of young people have been working with supervisor campos and the board of the mta to address the needs of low- income youth and access. we are excited about what we can do to really increase resources for public transit around the clock and it needs and it needs for equity for low income families. that is what we are excited to be partnering with you about and we look forward to when this next conversation happens and to catching you before the upcoming budget discussions on march 6. supervisor chu: are there other

members of the public who wish to speak? seeing none, public comment is closed. i know you are doing a lot to talk about the ongoing issues and actions coming before the board in addition to items at the board of supervisors. in terms of a time line, could you and let us know about that? >> the timeline is march 6. we will have a public hearing on fares, fees, and finds, including all of the items in this presentation. the latter part of the presentation has been number of slides on possible revenue measures. we're not recommending any of them, but we will be holding a public hearing to hear public comment and feedback on all of those ideas.

we will be doing a series of town hall meetings in march. we will be taking something similar to this information out to the public and soliciting feedback and we will bring our first proposed budget to the board on april 3. we have a deadline to get the proposed budget to city hall by may 1. so if we do not get a consensus on the budget, we would have a second crack at it on april 17. possibly it would be voted on april 3. at the latest, april 17 before it is transmitted to city hall for the may 1 deadline. in the meantime, i believe we're scheduled for the budget committee on april 13. supervisor chu: march 6 is the first public hearing and there'll be a series of town halls and you may have action as

early as april 3 or 17th? >> correct. supervisor chu: given we have heard from the director and we would like to defer the item to the sponsor, why don't we entertain a motion to continue it to the call of the chair? we will do that without objection. thank you. are there any other items before us? thank you, we are adjourned.

[applause] >> good evening. welcome to the third annual palo awards. thank you for allowing me to participate in this event. i hope you understand how out of place i am here. i mean that sincerely. it is an occupational hazard i have encountered the past few years, taking on this role in "the big bang theory." this is not the first invitation to events for which i am ill suited. i once introduced nobel prize- winning physicist george smoot, because i play a character who is a physicist and a genius. i am neither. science class was the only class i ever failed.

while i am not an absolute dunce, i learn the signs phrases i speak on the show. i memorize them the same way you learn english phonetically. it is a good trick. i often speak at comiccon, because i play a character obsessed with, and books. i don't know anything more about comics ben -- than "cathy" or "calvin and hobbes." i finally had to admit i had never seen an episode of "star trek." i am so sorry. i never know if my thumb is supposed to be in and -- in or out when i do the hand signal. i do not know what it means. i apologize to all of you. tonight, i have the privilege of speaking at the tech awards. regarding technology, my knowledge is limited to a few

facts. i know the character i play on tv uses a pc. i use a mac at home. the only difference to me is i think the mac is prettier. i just joined facebook in the past year. i have for the friends. [laughter] -- 40 friends. i joined twitter around the same time. i have no followers. i changed pseudonyms a dozen times. i sent messages to politicians and athletes to congratulate them on living after loss. despite all of this, i am here with you, the most tech-savvy people of all. i am grateful. i will not understand most of what you talk about, but i will listen carefully, and may be able to parrot back a phrase or two. i have very good memory. the pact follows award honors 20 individuals for their outstanding achievement in one of four critical areas of entrepreneurship -- general

management, disruptive innovation, product marketing, and engineering. for each category, 5 tech fellow awards will be permitted. to be fair, ask everyone to hold their applause until all the winners have been named. i always find it difficult, so i apologize. tonight, we recognize the men and women who have revolutionized the way we communicate. the rest of us will populate what they invent with videos and dancing babies. they will be only the third class admitted to the fellowship. the winners will invest over $2 million. this event honors the creative individuals to this great -- displayed courage in pushing the

envelope and believing the genius of their own ideas. the world needs more of you. without further ado. san francisco is, of course, famous for many things. there are cars, the golden gate bridge, alcatraz, the forty- niners. it is known as an incubator for innovation. more than 500 technology firms call this city home. a major reason for this is the welcome and support the city gives those who are willing to take big risks and think different. tonight, it is my honor to introduce a man who is a great friend to the technology -- technology committee, and the leader of this great city. please welcome the 43rd mayor of this great city, mr. ed lee. [applause] mayor lee: good evening. thank you for that introduction. welcome to the third tech awards

in san francisco, the city of innovation. i want to welcome you here. i understand there are 20 awards, $100,000 each. i think there will be 21 awards. i slept in one nomination that you might recognize. i want to thank the hosts here, techcrunch. a little over a year ago, they invited me to their media center and announced me as the first non-politician office holder. i want to thank the founders and the founders fund, our partner, and new enterprise associates. thank you for being the host of this great event. i am also very excited to hear all the nominees. so many of them are part of san

francisco bay companies. i am proud to see their names pop up. they are all great companies. every week, i do not know if you know this, but part of my schedule every week is i get to visit a new technology company and find out what is behind the name i do not understand. i was trying to understand that. look out. of course, i had a chance to google square and all these other companies. each time i have gone there, they had wonderful questions for me. the employees as well as the ceo's. i am glad to understand what they are doing here, how they are building themselves up, but the recruitment is like, and what we can do as a city to support your growing and staying here in san francisco. i am busy myself.

these are forged with interactions with you, the dialogue i have with you on a weekly basis. it should not surprise you that we began over a year ago getting rid of the payroll taxes in market. for those of you who do not want to be taxed, that is a good sign. it is a good sign when the mayor can agree with that. we are going to go beyond mid- market and change the peril tax and eliminate it, so we can find a way to support this growing industry. in addition, we got rid of something the city wanted, stock options taxes. with those two things, which allow you to -- [applause] we open up the door so you can converse with us. we are taking a few more steps further. as you know, i am one mayor in a country of mayors. but guess what? the cities are where things are happening? -- are worse things are

happening. in my first u.s. conference of mayors, held in d.c. a few weeks ago, i had a chance to do a couple of things, with your advice and support. we announced the city of san francisco, the first city to oppose pipa and sopa. [applause] thank you. we started a dialogue with other cities who had blindly signed on to those things, not knowing what they were about. now we have a conversation going that we cannot use the excuse that just because we are trying to end piracy that we curtail innovation. coming from san francisco, it means a lot to the city. i took advantage of our staff. i went to the president of the u.s. conference of mayors and said, "since we are innovating in san francisco, why not allow us an audience with the rest of the mayors across the country? could we create a task force?"

they said absolutely. i get to head the task force for the u.s. congress of mayors. when you innovate, and i talk to you about what you are doing, and get to present those on an annual basis to the rest of the mayors. if you are going to win tonight, that is the list i am going to start working from. i will then give you a national audience, so that if, by chance, your innovation would not only have the attraction of san francisco, but might have the attraction of several other mayors, the great merits of all the other cities -- that is the first, and i will be excited to introduce that on a daily basis, when we start the first task force with the u.s. conference of mayors. we are already working on this year. i want to tonight announce an exciting program i have, that my staff and i are going to be presenting. tonight is the first

announcement of our innovation portfolio for 2012. it takes three parts to it, and the first part is we are going to continue inviting you to help us change the way we do government. in gauge san francisco. that is first. that is where we announced that. something we have done, during the budget time, when we asked our citizens to give us the best ideas -- we are going to do that year round. we are going to make that improve san francisco year round and engage you on a daily basis. you are tech companies and cities of san francisco. give us your best ideas. that improves san francisco year round. that is objective number 1. objective two, we are going to change the business process in the city. we are going to use your technological expertise to help us figure out how, when you start a business now, you go to

five or six different agencies and challengers up with different bureaucracies and strategies and fees. how about putting that all online, centering that, so you can go to one place and get all your form's online, pay all your fees, and understand the city in a more collaborative way? that is is in the business challenge it in the city. number three, working with code for america, we are going to hack our way into solutions, whether it is taxis, muni, or other things we are challenged with. this saturday, i get to participate in our cities first -- city's first hackathon to fix our taxis in the city. we are getting ready for america's cup. [applause] we have to be able to at least

get taxis to where people need them, so they can get around the whole city. the dispatch has been plagued with munich cannot do this and taxis cannot do that. why not use our spirit of innovation, our peerless ability to disrupt our cells, and get ourselves into a culture where we invite technology and hack away at the solution? i think days after that saturday, we will have solutions to get taxis to were ever people need them at whatever time they need them. that is how we figure out problems in san francisco. these three announcements are part of my 2012 objective in the innovation portfolio. i am excited to announce those tonight. i am excited for the 20 nominees tonight that will be winners. a great start, great support for you. you are listening to a mayor who

is excited to work with you and make life more convenient, more efficient, much richer, with the information and technology solutions you have. thank you very much. [applause] >> thank you, maor le -- mayor lee.

>> the question when i started 11 years ago when i started doing resolution work is can anything be presented on a really low resolution device where it is potentially a digital image? can anything be presented that way? or will it feel cold and electronic? >> the imagery will change. there will be four different sets. it is a two dimensional image.

it is stretched out into three dimensions. the device is part of the experience. you cannot experience the image without the device as being part of what you are seeing. whereas with the tv you end up ignoring it. i make gallery work more self and budget and public art work where i have to drop this of indulgence and think about how people will respond. and one of the things i was interested in the work and also a little fearful of, it is not until you get to the first and second floor were the work is recognizable as an image. it is an exploration and perception is what it is.

what are you seeing when you look at this image? one of the things that happens with really low resolution images like this one is you never get the details, so it is always kind of pulling you in kind of thing. you can keep watching it. i think this work is kind of experience in a more analytical way. in other words, we look at an image and there is an alice going on. -- and there is an analysis going on.