so no, we didn't we didn't have have any any idea idea what we wanted to what we wanted to come out of the book because we did it as an experiment come out of the book because we did it as an experiment. we wanted this to be academically. we wanted this to be academically grounded grounded as possible as possible. a lot of a lot of folks folks have have been been talking talking about about it but it but we've been doing it we've been doing it with with your fist your fist in the year and a lot of rhetoric. we wanted to be a book and something lasting in the year and a lot of rhetoric. we wanted to be a book and something lasting that that maybe students could maybe students could learn learn from from so so we hoped there would we hoped there would be a book be a book but but we didn't we didn't know know there would be there would be so the so the book book has has come come together together and kept and kept this this alive so long alive so long and we had and we had the chance the chance to to make it make it something something historic with historic with the book the book and it

we were the ninth. we received the money. half of what we asked for -- supervisor kim: nine grants or given out. -- were given out. congratulations on that. thank you. >> i would like to talk to you about our fund balance. i think it is miss understood about how we are using the money. it seems like we're sitting on a pot of money that is not allocated for good use. i really want to change that perception. if there are ways i can present to you, i would like the opportunity. >> i think that is a perception. i know there is a part of your operations trying to plan for an eventual drop in revenues. many of us understand. how much is too much? does it make sense to start putting money into things that helped many of our working families? they are desperately in need of help and assistance. >> i think it is a question of taking it now or sustaining it. >> it is an appropriate policy question. we understand why you are doing it. >> ok, thank you. supervisor chu: if there are no questions from the committee, why don't we open this

that and we feel it every time we do a show. if there is any question, -- no questions? thank you. >> commissioners, any comments? public comment? >> good evening, commissioners. thank you for staying solely. my name is frederick and i am here tonight speaking on behalf of recreation open space for the waterfront. i also am the president of the eureka theater company, located three blocks from this proposed location. i am sympathetic to the process of providing theater in san francisco. i am here concerned about the design of this building. it has nothing to do with this business or how it has operated, all the money it brings in, the benefits it brings. this site is part of the san francisco nebraska national historic district. this is not something -- san francisco national historic district. this is not something more you want to find the buildings complement that go back to the 1960's. it is nice to say that this group is going to make the neighborhood aware of this, but the first time anybody heard about this was in a newsp

we have the same challenges, so we are negotiating together, so we will be working in sepp so we are all on the same page. >> in terms of additional revenues, i think it is not bad. i would not agree to taking it up to 22.50 khatami. -- net 22.50 at all. i would be open to got one. regent -- to that one. the other areas i want to speak to in terms of parking and charging for sunday parking, those are areas i have been concerned with in the past, particularly because of what the impact might be on business, so while i am concerned, i would like to see what new nea would be proposing -- to see what muni might be proposing because they make sense a. >> it is pretty straightforward. goobut we will likely propose starting later here again we see that it would help spaces. goopeople wanting to access thoe businesses have very little ability to do so. i think it is generally the residents who do not have to move their car from saturday night through sunday morning. that would be adversely impacted. in terms of evenings when we had our public hearing, the sentiment of the board was maybe tha

we marshaled our resources as best we could. we shut our shreveport down for four or five days to ensure we had supply to a different set of issues we had. we were lucky that is all the impact we had with the two natural disasters. >> so climate-driven weather can be a business risk? >> oh, yeah. in the case of the climate wasn't the issue. >> thailand. >> thailand was probably more likely. i would like to think it was more likely than what happened in japan. >> you mentioned gm ventures. gm ventures invested in car sharing, i believe, with relay ride. i would like to talk about the future of car sharing and automobiles as a service and mow be mobility as a service. >> you don't know what shape or form that mobility will take place. we are looking at autonomous cars. you know what i mean? we are trying to look at everything now. we can't afford to run around with blinders saying we are going to build just trucks. we are going to build every segment of the market and be efficient as we can in every segment of the market. if it ev

projects that we think we know we need to have but we need to do some planning to figure what they are going to cost, so. supervisor chu: ok. does that conclude the presentation? >> that concludes the presentation. there is one more slide. are there any questions? >supervisor chu: i wonder if you ever funded granite treatment. i'm just joking. >> i defer that to dpw. supervisor chu: we were so -- we removed granite from sidewalks were from curbs in the past. we used to have those. ok. why don't we open this up for public comment? are there members of the public who wish to speak on this item? >> ♪ with a little luck with your 10-year plan, i know you can make it all work out ♪ ♪ you can lay the plants down, there can be no misunderstanding ♪ ♪ with all little luck, you can make it work out, you can bring your plane in for landing ♪ ♪ with a little luck, you can make it dandy, make it like candy, you can make it work out ♪ supervisor chu: thank you. are there other speakers on this item? seeing none, public comment is closed. thank you for working on this capital plan update and we look

we started this way back in 2007, so we are in our fifth year with a rope -- with hope sf, and we are very excited about being able to offer new places. we will put the presentation into context. in the presentation, we're going to give you an master plan overview and go over the community engagement process, and then we're going to talk to you about the wonderful accomplishments we have had with the project over the last 2.5 years. we have the project manager for the project you can provide feedback. he is with the mayor's office on housing. are there any questions? so just a really a brief overview. many of you know this from the presentations we have had before, but the hope sf is to change these to mixed income communities, and what makes this so unique is is not just about the physical realizations but also about changing the lives of individuals in the development, so in the last five years, this has been our dual charge, and we take both of those things equally as serious. at the end of the initiative, this is because our goal is to create a matter of housing -- a ladder of hou

are we any place where we want to be? no. but we have to make sure we keep the best teachers and remove the worst ones from the classroom and that is the battle going forward. in the end, it is at the federal to the way government works. it is never done in any part of government and in education, these kids having of future. >> we will be introducing the superintendent momentarily. want to give you a chance to wrap up. >> i agree with what mike said but i would add we need a principal who is ready to be accountable and a teacher motivated to teach and and involved parent. we raise a fund for principal merit pay so as your school improves, the principal participate in merit pay. we have principles, teachers, the ceo on a merit pay system top to bottom. we have been playing with this. from now on we get a principal, top of the class reaching epidemic standards, we will pay $20,000 signing bonus to be a principal in taking over a school. we need 50 new principles of high-quality so we will do a bonus for the best people coming

in a way, we guarantee we collect that data. another way we make sure we are providing the appropriate oversight for the provider is we have our program officer go out and do program observations, as well as fiscal and contractual monitoring. that happens on a yearly basis, more if necessary. finally, we work with research and entities in the city. these are consulting organizations or universities, such as stanford, uc berkeley, to help us design and evaluation tool, but also about winning the nonprofits. those are three broadways we ensure quality. i would be more than happy to bring our data manager to come in and describe more in depth. >> when cbo is not living up to a particular standard and you identify problems, what are some of the corrective actions that you take? >> dcyf participates the comptroller's office and what they call a joint fiscal monitoring collaboration. we go out -- program visits and also fiscal compliance visits with the comptroller's office and any other departments that fund that particular agency. w

we do have an amendment as a whole we have to take ahead of time. we will do that without objection. in terms of the amended version, we will send that forward to the full board without recommendation -- or do that without objection. thank you. do we have any other items before us? >> that completes the agenda. supervisor chu: thank you. we are adjourned. supervisor chu: the, welcome to the regular meeting of the full budget and finance committee. i am joined by supervisor avalos, supervisor kim, supervisor cohen:n, and supervisor wiener will be joining us later. >> completed speaker cards as part of the file should be submitted to the clerk. items like a dog to they will appear on the april 3 board of supervisors agenda unless otherwise stated. supervisor chu: can you call item no. 1? >> hearing to receive updates for the fiscal year 20122013 and 2-2013 and 2013-2014. supervisor chu: we brought a number of topics to the extended committee to get an overview of the department and to provide early feedback before the budget is finalized with the mayo

are we right what we tell the american people? and we are right. we don't have to be listened to, but for god's sake there isn't a soul that can't get off their butt and do something to make america better and forget that you are a member of the republicans or the democrats or the tea party or the afc afl-cio you are citizens first and if you have forgotten that we are in for a hell of a ride. charlie when we first started off on this and we said yes to the president we would lead this commission we thought we are doing this for our 15 grandchildren but the more we looked at the numbers the more we realized, we weren't doing this for our grandkids, we weren't even do it for our kids, we were doing it for us. we have got to face up to these big problems if america is going to be competitive in this new global economy. >> rose: thank you. erskine bowles and alan symptom, it is a pleasure to have you here and i am pleased we had an opportunity to look at the central question facing america as we approach a new presidential election to be decided in no

we have been able to step up. we have camps we offer

we are starting to show we can close the achievement gap, but we have to do it like we have never done before if we are going to be successful. i am proud of the superintendent to bring this. i know it is a tough issue. as we call it on the strategic plan, it is time that we walk the talk. thank you. [applause] president yee: tonight we will be discussing the certificate and the layoffs. if my slide to go up. i have 19 slides, for those who might the counting. it should not take too long. next slide. just as with the state budget last year, we again face tremendous uncertainty. like last year, when we created two budgets based on different scenarios, although the state has sent us a budget that supposedly seeks to protect funding for k-12 education, in actuality the shortfall grows even if the governor's initiative passes. while i expect we will receive rainy day funds from the city in the amount of approximately $6 million, and would like to ask you to give us the flexibility to budget based on this immense uncertainty. this evening, you have for resolutions to consider. these deals w

, but, really, shortly after we open our doors, we understood that we were also, as a government entity, a place for people to come when they want to know about loans, about writing a business plan. where to go to do that, where to go to get assistance. we are also a resourced. when we do see people in our office, many of them are a year or two out from even opening their business, so we will ask them what their credits for is, have they done their business plans, do they know what they're capital needs are going to be, how much money they have, how much money they are going to need to open their business. based upon those questions, we will direct them to the sba for workshops, courses. there is other entities that also provide workshop courses score as well in terms of helping to write business plans. also helping to educate the distinction between the micro lender, our bank, and our larger financial institutions and how those lending -- what is the difference in how this entities will lend, in addition to the sba loans that are available. also in response to the economic crisis, whic

we can share details as we move forward, and we plan to bring the draft criteria to this committee next month. the of prioritization criteria will be dependent on response to the call from sponsors. finally, we have been in contact with a number of public agencies we normally do not interact with as often, including department of public health, department of wrecks and parrec and parks. we have been able to identify projects that would be good for the fund, and understand the process to deliver transportation projects that are in place. we of been in contact with more traditional projects to identify potential projects. with that, i can take questions. we have representatives from a couple of the sponsored agencies i have mentioned. >> ok. any comments or questions? commissioner avalos: we will go to public comment first. >> and i the only person who does not work for an agency? i was not in favor of the prop delay program having these multiple categories, because i thought it will lead to this sort of bureaucracy in terms of project applications and developing a strategic plan and expa

we need. so for us to reduce work orders, there would either need to be a change in the city's allocation methodology which would have likely adverse general fund impact or we would have to purchase our services a different way or perform them ourselves. generally we are buying services from another agency. it is within their core competency to provide them, not ours. if we did not pay dpw to do some of the cleaning that we pay them to do, we could either do it ourselves or we could outsource it. we would still have those costs. the one i would say -- supervisor avalos: does that fluctuate depending on the kind of work to do to defend the mta, how does that -- >> the bulk of the city attorney work order amount is the amount we're paying out in claims. i am working are starting to work with the comptroller's office, the office of risk management and the city attorney's office to see how if there is a risk management approach we can take to reduce our claims. the majority, i think it might be tw

we do feel that we will serve all san francisco, but we want to prioritize certain populations. in terms of -- i think i have talked about this. i want to show you our projections for how we would like to allocate our funds. what you see here is that we're basing our projections moving forward on the 2011-2012 budget allocation, the current year allocation, and we're projecting a hopefully 8% growth in our budget. and if worst-case scenario, and 8% decrease in our budget. so we can be flexible within our own budget so we can meet the needs of our children, youth, and families. i am going to hand this over to my deputy director to go into any little bit more detail around the to the service areas so that you can get a better snapshot and understanding of each one. >> good morning, commissioners. deputy director of dcyf. i have done policy and planning work at the department. i will be talking about the details within each of the service areas that we will be funding in the next three-year funding cycle. starting with early care and education. i will call it ece. we want to make s

everything we had we could back up. so we felt good about it. >> and to answer the other question, you know, i thought this might come up in the discussion about, maybe we still have that ahead, oi'm not sure, discussion of commercial advertising and political advertising. there really is no mechanism for calling an elected official to task for, or a campaign to task for uttering an untruth, essentially, you know? i mean,he freedom of speech. and so, you can't -- where as you would get sued for advertising if you did it commercially, you are protected in many, many ways to a much greater level in politics. this is frustrating to us, also, because just, you know, we want everybody to rely on the truth. but it doesn't always happen. and it's rare -- the media is, or the other campaign, are the most likely to call them to task for being untrue. there's nothing else to prevent it. >> and the last question? >> in terms of saying that you're with nobody, if you are researching for the opposition, aren't you really with somebo

i think we should get to as clear a number as we can. i think the rate will be lower than what we have discussed. i think it is good that we are doing what we are doing. my hope -- i do not know if that is a possibility, that we can have a clear idea of what that number will be by the time we meet again as a commission. i do not know if that is possible. >> we can definitely start getting it more refined, in terms of the final number will ultimately will use. we will frankly be tinkering with that up until the last minute. one item that we are researching -- we had done some market research before to test a different question that we have been trying to apply toward it. we are considering doing some more targeted follow-up to help define that. in terms of the work the team has been doing, it is looking like -- it really depends on what types of customers you have. the lower usage customers, there opt out rate is expected to be the majority of folks sticking with the program. when you get to the higher users, getting over $15 a month prem

we should not hide reality. and we need this and that. i think people should see how we can finance all this. then we can talk. yes, of course. there's a lot of wishes. it would be good for our children and the future. but it would not be fair if we didn't talk about the possibilities, of course. i think we should come to the second of security. a couple more questions. i'm astudent. my problem is children who have and we would like to read books to childreo cancer. but recently people said we can't do it anymore. it's very sad. because people built a wall. there's no access for us anymore. they have said teachers should do that, profession oals. and students can no longer help, can no longer read books to these kids. it's sad. it was very important four us. and they're normal children like us. because, it's not because they're sick that we can no longer deal with them. so my wish would be that we should have better access to these children. two things, your concrete example is very good. i think we make it possible that students do somet

from this, we produced about 4000 pages of analysis that we condensed into this 20-page report we areeasing today. good afternoon. lou pizante. i am a partner at equitas. my name is on the back of the report as well. there has been a lot of anecdotal evidence about foreclosure irregularities, as bill said. where there is smoke, you naturally expect to find fire. what thisç report uncovered was an honor inferno. what we did was we looked at 60% of foreclosure sales over a three-year period and focused on six areas. we actually have that. we look at documents that were recorded at the county recorder's office and we also looked at public information federal filings, such as sec filings in connection with securitization. the first page is an introduction that just gives some summary statistics. then we go into each area and talk about the topics in each area and explain them with the knicks -- exception rates that we found. çgenerally, assignments, loans- in today's modern market, they are sold to various parties. most of them are ultimately securitized. every time there is a sale, the

we have enormous amounts of energy that we put into this. the companies that qualify are doing an enormous amounts of giving back in their communities. the transparency is very high. you will see all of our profiles that we have filled out. any company that qualifies has to do that as well. this really raises the bar of transparency and giving back. we are strong support of this legislation and we commend supervisor chu for bringing this item forward. >> public comment is closed. i think that there are a number of amendments that have been proposed. we should take the amendments and then we can talk about the item itself. >> one of the questions that came out from public comment was any increase work in the purchasing department. i think we might have someone from the purchaser here today and they could be addressed and how this ordinance, how this might impact the work. >> we would like to have some time to determine the impact. we understand the intent and are very supportive of the intent of the legislation. however, we are a little conce

we were fortunate that we were doing a lot of examination that we could make changes to the overall system. we had an opportunity to direct the program to be in line with the affect of this project. we reached the mail milestone us with a critical requirement for further implementation and issued a notice of preparation this fall that included proposals we will be talking to the community about this spring and we will refine the proposals based on that and put and continue a community dialogue when we a anticipate the e i are being certified. the board would have the opportunity to approve or modify the proposals which will allow us to implement as early as the fall of 2013. the purpose of our outreach coming up is to present detailed proposals for travel time reduction and reliability and customer amenities and to ring gauge takeovers of a dialogue to find out where we have gotten things right and where we want to make modifications. we want to help shape the proposals but we want to facilitate an inclusive process adds we're always looking for innovative ways to reach out to stakeholders

in doing it, we have some -- we considerations we would make in terms of whether we would do it alone or with partners, we generally in fact always provide a better outcome when we work with partners, especially that part of the world. the ability to do a single raid like strike would be accessible to us. the ability to do longer term sustained campaign would be challenging, and would have to be made in the context of other commitments around the globe and you wi i'll just say this about their air defenses. again i can speak more openly in a closed session about their exact capabilities, but they have approximately five times more air -- sophisticated than libya, covering one fifth of their terrain. th are all on the western border, their population center, so five times the air defense of libya covering one fifth of the terrain and ten times more than we experienced in serbia. >> has nato taken up the issue of some kind of an intervention militarily in sir yar? >> not at this point. >> would it not be useful as either preliminary consideration or as an important signal to the libyan

we hope you will join us in a city we really, really love. we do not think we are second to anyone. san francisco is often known as the kansas city. -- as the can-do city. we also believe we are a can-do city. our futures are so links to each other that we will rise and fall together. thank you for coming, so many of you who did come. please join us on a first friday, and join us for some of the best art galleries and restaurants. it is basically a party downtown. if you are coming early, give my office a call. we pour a little bit of wine on the first friday and invite you to stop by the mayor's office, if you are looking for real estate. fred can help you any time. we often will show people around on first fridays. >> thank you, mayor quan. to introduce for the q&a portion, and again, hold your please welcome dan angell, president and ceo of golden gate

so we know there may be areas where we need to develop. we also got to make sure what we've been investing in is giving us that return and it's looking at what are the needs? as the next generations come up and we look at our national preparedness and say we're doing good in this area but we still have lots of ne are we getting the funding in the right institutions engaged? >> i agree with that concept. thank you, mr. chairman. i think my time is up. >> thank you. mr. dan?inaudible ] >> mr. dan, could you turn your microphone on? >> yeah, as i mentioned, november fema submitted the subscription to the president as required by policy director eight. in it you describe the various components and how they'll various components and how they interact to build, sustain and deliver core capabilities in order to achieve the national preparedness goal. the report describes how these components help us understand risk and form a current and future budget year planning and decisions and inform resource allocation plans and aid and understand the prog

>> actually, we had the best year ever we had. we posted record profits. i hope that's not the only applause we get. where are we today? you know, i've been ceo of a couple companies, as you mentioned. income private equity actually helped coming into this industry. first i was criticized for not being a car guy. and that's okay. there are three noncar guys in detroit today. and i think it's the first time in 20-odd years since all three of the major american manufacturers are profitable. we had to go through some difficult times. and there's been a lot of political dialogue on that to and froe, anti-and pro. where we are, we are at the two year hiatus, general motors is the largest auto manufacturer in the world. as i said, we had the most profitable year. between '10 and '11 alone, we grew revenue $15 billion. that will put us in the fortune 250. so our revenue today is about $150 billion which would be larger than the gross national product of 100 countries in the world. so it is a huge, i think, it's an american company. it's a global company in the se

we are like a bank except we are nonprofit. we are 501 c 14. we are insured up to 250,000. we build credit. what we do a lot is one-on-one counseling. we are also a part of the bank of san francisco, so we do pay their lending -- payday lending. we help people build up their credit before helping them to get a bigger loan amount. especially people who want to start a small business. credit unions offer micro loans. we do a lot of micro loans up to $50,000. this is -- we check credit. we need a business plan. then we look at the three-year tax return and that statement. we do a lot of home care and mom-and-pop shops. we also do start ups. we asked for approval through documents. we work a lot with people who do not know how to file taxes properly. we are mainly focused in san francisco. we are small. we focus mainly on the tenderloin, chinatown, bayview, visitation. we do a lot of expansion. people start small through the credit union and then want to go to the bank. we know we are limited. we cannot afford to give out a big loan. starting from the credit union, we educate t

we will see if we get the cost savings that we are hoping for. my argument to them was a made that argument to me in 2005. we did not achieve cost savings, and now, they are going back and doing the same thing. count me a bit as a skeptic if we are waiting to see whether there's any efficiencies that are gain. i think you know there is a lot of consternation about the specific merger. i would hope that we would be focusing on how we see those savings, how we gain those efficiencies. >> i think there will be some savings, but i just cannot give you the exact amount at this point in time. there will be less people that would be employed. the systems would be consistent, or at least the systems we would have in place at the bureau of land management that would allow us to provide the support that osm would require. already in place, so it would not require us to do much adjustment or increase that type of capacity. and again, we would be benchmarking against what osm is currently doing and improving our own performance and operations. >> mr. chairma

we are on this path. we think it will work. we are moving forward. trust general allan to give us a better evaluation in october or november 2012. host: gerald in texas brought up the fact that it rained. what is the drought outlook? what is the status of the drought? guest: it varies across the state. if you are east, they have caught up. they are out of the drought. interstate 35 west up to help pass so, the further west you move, the last rain we have gotten. we are still way behind our reservoirs which provide most of the water for human consumption. water restrictions are still in place and even more strict ones are going into place april 1. we are going to try to save our trees. it has gotten pretty desperate in a sense spendin. we are going to get access to groundwater that is going to have to get piped in to midland. reliance on surface water that is collected from rainfall is for a growing population and puts us at risk. the folks out there are working hard and looking for solutions. we are not out of the drought. the surface reservoirs stil

that means we let markets work but we make sure we have controls. if we have a bad actor in that that is identified, they are gone. >> we have time for one last question from the audience and one last twitter question. >> you said many times that a big factor is finding the physicians that over utilize as a criteria. what will you do to protect the ones who will underutilized testing and that sort of thing so they appear good and score high? >> first of all, there are two different aspects to your question. one is laziness, and the other is whether or not you have a physician committed to your health care. if you have a physician not committed to your health care, it does not matter what system we have you will lose on that. i cannot see a guy -- if you come to me as a physician. if i am a physician -- i am not talking about being a doctor, i am talking about being a physician. like cut a corner so i look good? i have already violated my hip accredit oath. the differences, i can look good and somebody else pay the bill when i over utilized. that is

that is, when we find an opportunity to save, we should save it, reduce unnecessary spending, and we must invest in our people and plan and save for our future. it is still unknown. things may look good. things may look good, and of about not depending upon federal or state government any longer for the programs we need to make our city successful. the building blocks of our economic growth have been very clear. we are attracting and retaining jobs through our tech and biotech companies and are cleaned at companies. we have invested an want to continue our investment in small businesses. in my plan as i ran for mayor, we focused on job creation. we focused on creating a $5 million small business job loan program for our neighborhood commercial corridors. we are creating a job squad to make sure that our vacancies are reduced throughout all of the commercial corridors in our city, but i am very interested in making sure we have an opportunity to manufacture things in san francisco. we are joined by our director of sf made. that means not only do we invest in our intelligence sources t

we own -- we are in a joint venture with shanghai auto. we are proud of that. we have been gaining market share. >> and record sales in china. >> yup. just like here. everything's not great at general motors. we have our issues. and what not. it is a complicated business. in asia and china and specifically, we are doing well. we are the largest marketshare. we're putting the same press on there and their government is hand in glove with their manufacturers just like here to try to get us to be cleaner and more efficient and we're working diligently to do it in china as well as here. >> let's have the first audience question. >> hi. great conversation. as founder of a gas roots organization called don't be fueled, i get a lot of questions about earlier the hybrid car and now the electric car from a lot as you might imagine, i'm a big advocate for cleaner vehicles. what i'm getting more questions about and i'm not sure how to answer. what about the safety and environmental hazards of the batteries? there's two concerns, ems and disposal of the batteries. that is

what we going to do with it? we will erase the. they say there are no young people in the tea party. i think i'm here to prove that is true. or this guy here. this health care law is supposed to be a marvelous thing for youth. we can stay on our parents' health care until we are 26. that is usually -- that is really an ideal role. we want to be independent from our parents. that means we need jobs, and this president, what has he done? he is kept his eye off of the ball and passed a law that six away your freedom -- and takes away your freedom. we want to be independent and have jobs. three out of 10 young adults are forced to live better home. we need to get rid of barack obama so we can bring them a better future. [applause] >> president obama made a lot of promises about his health care law, but when he did not make and probably should have was that he could bring families closer together. all these uses are forced to live at home. repeal this bill. repeal this bill. repeal this bill. thank you. [applause] >> thank you, alex cor

we know we can drive down health care costs. immunizations cost $3 for every $1 we spend for the health-care system alone and $10 for society. a single patient living with hiv and has a lifetime cost of living in this country of about $400,000. if we can drive down infections, we can improve the cost curve of caring for hiv. effective prevention intervention are creasing -- are increasingly understood. we know pmtct is an effective, but we are at less than 50% coverage globally. we know treatment as prevention has been documented to decrease transmission by 96%. this is remarkable progress. if you were on treatment, not only will you live longer and healthier, but you will be 96% less likely to spread hiv to others. that is a team changer in terms of our understanding of how the epidemic works. but even with a modest level of 47%e're still in only coverage. male circumcision is 60% effective in reducing transmission, but we have seen a can be scaled up. kenya, for example, scaled up remarkably. they will not -- they will have an

i think once we gets done -- once we get done studying it, as we evolve through the way we study voting systems, we can get better. ranked joyce has been in place in many places, including other countries. it has been shown to be effective. i personally follow every election very carefully, and have never seen anything alarming about ranked choice which made me think the person who was best for that community and who they desired to vote for was not being put in office. it looks to me like it is a system that works but could be improved. i think that is where we need to head with this. to some extent, like what is being proposed by some of the other advocates, if we had a rented choice system in which folks could rank all of their candidates in the election with little bauble dots -- you have seen the chart from steven hill. by the way, if you are not talking to steven hill yet, please do. he is the granddaddy of ranked joyce in san francisco. this does not have to be complicated. if somebody came up to me and asked what an algorithm was for the voting system, i would not have a good an

we are using the campaign, and we are excited to announce that we will be funding this, a very crucial mental health services to those on the site. so what does the future, what is the next 18 months looking like? this is at a point of imitation for us. when the first 107 minutes come on line, this will be our time -- we are walking down a path. we have received a lot of community input. we have units coming on line, and this is the time to talk about this. this will come into play, and we will be doing a lot of policy making around that. from a financial perspective, we will be doing a lot of work with the three sites that remain, sunnyvale, -- sunnydale, potrero. how much we will have to fund the project going forward, and how we need to phase them, considering how much we have in resources. we also need to look at construction because of the financial environment we are in, but, again, we are equally committed to the residents, so we will need to think how to sustain that work with the residence, even in the light of construction needing to be delayed a bit, and finally, we will fin

we also have apartment housing that we have to make sure is stable, safe, that we can keep renters inheir place. we have to make sure that we can preserve apartment housing, which is affordable. it is important that we have a good balance between condos in the city and maintaining our apartment house in stock. that is a big pension. i expect we will see another effort to create a condo fee. i can understand in certain conditions, it can be effective, but how can we put that port so that it is affected and rent housing from flipping over into condos? not everyone in an apartment would be able to move into a condo. i thing we need more folks at the table to decide, under what conditions will this be workable? there are a lot of people who would like to convert to condos in the lottery system and have been waiting for years to go through it. i have heard their frustration, but we do not have the formula yet to fix it, but we can get there as a city. we have the right combination of people in the city, relationships with the mayor, board of supervisors, to come up with a solution. we need