before we begin, i would like to announce that i am -- last time commissioner moliga is switching with me. i remain as a member of the committee that this change is effective as of today. report from recent committee meetings. vice president sanchez has reported out. is anyone ready to report out before i start calling on people? >> we met at the budget and services commission meeting. it was a packed agenda. a lot of it was updates on some of the business service items that have been coming up. those continue to happen. i'm very excited about that as a means for us to communicate with families. i want to state that a lot of families who have i.u.p.s are supporting their students. >> i encourage folks to look at the board docs because our budget team created a comprehensive overview of our budgeting process. i encourage all commissioners to look at that as well. it is a nicely done document because it shows at what point in time throughout the year we have very budgeting items that come up and with our budgeting and different points that come before the budgeting committee and the full

moliga: i learned about this program last year. and i know a lot of kids who are, like, opportunities for programs last summer, my son. and kids didn't even know they had bank accounts. so just like a little bit of clarity. are these -- can these kids use them when they have employment through the city and can they deposit into these accounts? >> these accounts are strictly college savings accounts. we define it clearly in the program information we send out to the new account holders. all deposits on these accounts are one-way deposits. the money stays there until the child -- well, finishes high school. and is ready to use it for any post-secondary education. trade school, college, books, computers, whatever it takes for them to be successful post high school is what this money is meant to be there for. it's not everyday savings accounts. we do have other programs. we partner with the mayor's office on summer jobs for youth. you might be familiar with, the city does a lot of getting 16, 17 and 18 and 19 and 20-year-olds connected