as i mentioned the state revenue part of it is coming from the yerba buena grant and the other program we have vehicle regularly fees and this is pretty close to what was anticipated for the prior year the recreational grant funding represents 4.3 he million and the budget of this money is the street from the oc ii project. the last item is the income is 3 hundred and 42 million this is the combination of four different accounts the bank account and the majority of the fund is sitting in the city pool. on the next slide i thought this would be nice to see the 10 year

tax informing for the transportation authority back in 05 and 06 is the funds we had in fiscal year 09 and needing we're slowing creeping up 4 to 5 percent and will be at our high point in n.y. 2014-2015. as we see it right now, we're expecting to grow over the next few years at this rate. in terms of expenditures we have 4 point plus million dollars for the bulk is in the pie chart our capital expenditure that's $215 million of costs representing 95 percent. and the majority of the cost fall into four projects either

sfmta communication system computer aided dispatch replacement the transbay transit center downtown estimation and the parkway. we're working on maintenance improvements and pedestrian and bicycle projects the personnel costs the salaries for the 33 positions at the transportation authority. in terms of salaries there's no change from the previous years we have a small increase to offset the medical premiums that's enabling that we anticipate in the next year. in terms of non-personnel expenditures that the 1.4 percent we have per cost for our audits and rent and office

supplies nothing administration related this is our enterprise planning implementation of the be accounting system. in addition to rent that we are anticipating increase in amazes of rent due to the fact we're not longer subsidized for rent this information item we have a 6.7 percent administration costs limitation to the transportation authorities administration funds because of the e rp we have looking at to increase that to 8.4 percent and late item is the debt service expenditures this is is 1.8 million this agency no

debt and typically in the past what's going it the transportation authority we're finishing the program and in addition there are anticipated changes coming down the pipeline for the sfmta capital improvement program we're waiting to see how those numbers total up before anticipating any debt service or making changes to the program >> supervisor wiener. >> just a clarifying question on slide 4 the total revenues are one hundred and 54 million and change. and then the expenditures is 225 is that $70 million in debt >> the differences. >> yes. >> the difference is the debt we anticipate to pay off the

expenditures their multi year fund we received the revenues earlier so we've been able to manage it to the paper program. >> right but the 70 million is the paper. >> the bond. >> the debt we're drawing down and having the cash come in. >> exactly. >> and i'm sorry but that's why wouldn't that be that's not included in - >> i know i'm not an accounting expert but in terms of the comparing the two slides. >> right it's not currently included because we're waiting for a couple of things we're working out the 2014-2015 update to waiting to see those numbers to update our capital expenditure costs as well as the sfmta improvement capital

program. before putting aside any debt we want to see what the numbers will look like and anticipate getting them >> but the difference of 70 million that's the debt we're paying off. >> now those are the numbers we're anticipating to occur we have 2 hundred and 25 expenditures we have to pay off we have money sitting in the back to help to pay for that anything we can't pay for we'll issue debt to help with the costs. >> thank you. now if there isn't any more questions i i'm going to turn this over to my colleague

>> thanks cynthia i'm mruld to present the draft 2014-2015 budget it the goals those are the 7 sub goals they stand the work program the idea of the support for the many recreational bodies you sit on and the more consistent project reporting and the service was the collaboration with other agencies the effort we're making to implement those goals the leadership at the resemble state and local levels this being our 21st anniversary we have the vision zero committee we're beginning this week and the neighborhood transportation

improvement program and mayors 2014-2015 task force. i'll begin with the work program but presenting those in the various division we work across the divisions and see our work is multiple consultants so the policy and programming division handles our allocations for prop k and the various programs we manage. this year we're upgrading the strategy plan where we try to lay out the cash flow of the prop measures with the forks. revenue advocates we've heard about the state legislation will agenda he came back from the washington, d.c. we got opportunities we're tracking

locally as well. two slides for each of the divisions we're referring to the implementation of the transportation plan in the area and sustainable strategy this is creating a huge opportunity for the cap and trade that's happening in sacramento so we're being represented in the state capital as well as the colleagues up and down the state. that in those discussions we're consulting the mayor's office and the sfmta and the other partners at the city level even the planning division is helping with the transportation improvement program and which we'll talk about in the working planning. the capital products division handles the central subway project and the transbay

terminal and caltrain capital improvement program in addition to leading a handful of projects the partnership with the yerba buena islands with the lead agency we're developing a west ramp with caltrain's and about to go out for construction work in the folsom off-ramps and tracking the use of our prop k funds especially we have numerous needs of investment for muni and other vehicles and guide ways. ultimate indication and thank you, supervisor on the question on high speed rail we're staying in coordination with all the recreational partners and locally insuring that the work we'll see the extension built as

well and the gary corridor in the capital definition is being supported we're looking at general feasibility from an engineering standpoint as well as a financial standpoint. treasure island represents an exciting initiative for our agency this refers to the system design and development and eventually the chart idling transportation project. the third street phase 3 represents one of the ways we're collaborating with the sfmta on capital projects and doing that work will be important and exciting this year. the planning division the planning division is charged with implemented this year what we adapted last year including the san francisco transportation and the transbay area and the emerging studies are the

capacity study we'll be bringing and the freeway management study really how san francisco, california connection erection with the carpool lanes and in addition to strengthening the major bart and muni and ferry and agent transit. the capital promotions you've seen through the years the gar brt which is the final draft we hope to bring in and the brt is moving along it includes a small rail component on geneva boulevard and the transbay transportation i've mentioned. vision zero is a cross division he effort the first committee meeting is on wednesday. the crop of the transportation neighborhood efforts the katrero hill is happening and the chinatown transportation plan

looking at a whole range of improvements including what to do to alleviate the conditions on venus and broadway. the western transportation plan we hope to beginning this year as well and the 19th avenue ocean i've mentions will be part of this year's work program. the technology services division is the r&d and the brains they're the forecasting analysis folks for point whole city. much of the work is for mta and the planning department we disseminate data to anyone who seeks it of the private sector to the research community and we're activity in the research community we have a transportation model that's dynamic this represents all the

parcels of our city and in addition to the whole region. this support our division, i.e., we're lincoln the database and other systems to our resource planning and this is the finance and admin we have a host of things from reporting to county auditing to combranlts management and voicing and improving that taller than the payment to our consultant and contractors. this group also does a ton of contracting for our agencies and other agency we try to help with the projects and planning with the other agencies in addition, we manage the human resources as well as the debt program we're

taking special efforts to support our l d e outreach efforts as well as other workforce development. today we're here to present the draft for you feedback in the next cycle sense the board has designated our agent the treasure island agency this was prior to our development we want to split that out and accounting going forward. we plan to bring a staffing plan for the personnel consideration to really explain how additional staff can help us additional. the proposal is next week for approval and then more often from there. thank you >> with that, i'm happy to take

any questions. >> colleagues do you have any questions? all right. thank you for your presentation. >> madam clerk take public comment on this item. seeing none, public comment is closed. madam clerk, please call item 5 >> item 5 is the construction of new items. >> thank you. colleagues, any of you have anything to introduce. well, i have an item to introduce today. our city as it begins to reaccess our priority and refocus our attention on the pedestrian safety and bicycle safety i want to thank sfmta i'd like to i would like the sfmta

to prioritize the caesar chavez and bay shore improvements. anyone that's driven or tried to bike or walk this intersection it's really dangerous. there's an existing 2012 study that details the background and the historical challenges that exist at the this intersection. the number of improvements it can enhance the safest of the pedestrians and bicyclists liquor we're quickly growing and a lot of things are happening on the south western region and it's a violate connection between dog patch and the heights as well as the bay area may be there this is a social and environmental project i'd like to ask the mta to

prioritize. and its work plan i hope to work with the planning department and the sfmta to make sure those safety improvements are implemented. thank you very much. thank you. all right. seeing no other introductions let's take public comment. seeing none, public comment is closed. at this point there's no further business. >> general public comment item 6. >> is there comment general public comment is closed. >> madam clerk, any other business before this commission? >> no item 7 adjournment. >> thank you very much this meeting is adjourned. thursday,

idle to voices the members of the audience kind and and when speaking before the commission, if you care to, do state your name for the record. irving at this point commissioner president wu. commissioner fong. commissioner antonini. commissioner borden. commissioner hillis. commissioner moore. commissioner sugaya you commissioners first on your calendar is items