fiscal year. "(b)allotments.-the amount reserved in subparagraph (a) for a fiscal year shall be allotted for such fiscal year among the territories in proportion to their respective needs. "(c)redistribution.- the 1st sentence of clause (i) and clause (ii) of paragraph (2)(d) shall apply with respect to the amounts allotted to the territories under this paragraph, except that the 2nd sentence of paragraph (2)(d) shall not apply and the amounts allotted to the territories that are available for redistribution for a fiscal year shall be redistributed to each territory that applies for the additional amounts, to the extent that the secretary determines that the territory will be able to use the additional amounts to provide child care assistance, in an amount that bears the same ratio to the amount so available for redistribution as the amount allotted to the territory for the fiscal year bears to the total amount allotted to all the territories receiving redistributed funds under this paragraph for the fiscal year. "(d

-the term "overall per-pupil reduction in state funds" means, with respect to a fiscal year- (a)the amount of any reduction in the total amount of state funds provided to all local educational agencies in the state in such fiscal year compared to the total amount of such funds provided to all local educational agencies in the state in the previous fiscal year; divided by (b)the aggregate number of children enrolled in all schools served by all local educational agencies in the state in the fiscal year for which the determination is being made. (6)state.-the term "state" means each of the 50 states, the district of columbia, and the commonwealth of puerto rico. sec.2005.outlying areas. in addition to amounts otherwise available, there is appropriated to the department of education for fiscal year 2021, out of any money in the treasury not otherwise appropriated, $850,000,000, to remain available through september 30, 2023, for the secretary of education to allocate awards to the outlying areas on the basis of their respective needs, as determined by the secretary, to be allocated not more t

so we did, in the fiscal year '21 and '22 budget the board did adopt the final one in june of last year. we did add the staffing necessary for the opening of the central subway based on the schedule that tom laid out so whether it was going to be fiscal year '21 or '22, the f.t.e. and classifications and positions were in there. in fact, we are moving at warp speed right now at a higher 10 custodians we'll need for the stations and the stationary engineers, which are key to manage the underground station and keep them clean, station agents and staff related to the maintenance and overhead line oh workers are in the budget. we have to wait for civil service lists or custodians where they come once a year and we fill the position, we're working on that right now. >> and most complex. what would this board need to do if anything, to try to amend our process for selecting contractors to work on our construction projects so that we have freedom to chose the venders that we believe will perform at optimum level, not those who bid at the lowest amount? >> i can start with that because i'm actu

feel like a broken record, my apologies, but i plan to commit staff time to do it in the first quarter of next fiscal year. and i feel confident that we'll have it under way during the first half of the next fiscal year. and i'll work with your liaison on the scope, schedule, and budget for that. and then, finally, liaison assignments, i'll pause there because chair mccue has been in contact with your new members on this subject, and she has a more recent update than i would. >> i have reached out to some members individually, but i want to circle the whole group to see if anyone is interested in changing any of their reports or taking on additional or becoming co-liaison with anyone else if you find any of these interesting after you took your original post. but judy -- welcome, judy -- has offered to take capital plan and help and homelessness, and jane has offered to temporarily take the 2019 housing bond, since that goes with her other liaison assignments. jane, do you think that needs a co-liaison? is there anyone else interested in that as well? >> i don't think it hurts to have a co-liaison this be

independent in 2018 and is listed on the end of the german exchange of medium sized companies siemens health and years made more than 14000000000 euros in the past fiscal year and has 54000 employees in took time or 2020 the now independent siemens energy was also listed in the dax in frankfurt cmos energy has 92000 employees with sales of over 27000000000 euros in the previous fiscal year but today siemens energy is now also to follow siemens group into the big leagues on to the ducks which lists 30 german companies have the highest value on the stock market. for more let's bring in chelsea delaney in frankfurt chelsea there you are good to see you chelsea give us a bit of context why is siemens energy ending up on the dax important. well for siemens energy this is certainly a reputational boost it's just 6 months old it's already joining this prestigious dax and x. that is the big vote of confidence from its shareholders but siemens energy is also you know representative of the broader inner energy industry right now they have a lot of business that's still focused on fossil fuels things like coal and oil and gas power generation those are businesses

feel like a broken record, my apologies, but i plan to commit staff time to do it in the first quarter of next fiscal year. and i feel confident that we'll have it under way during the first half of the next fiscal year. and i'll work with your liaison on the scope, schedule, and budget for that. and then, finally, liaison assignments, i'll pause there because chair mccue has been in contact with your new members on this subject, and she has a more recent update than i would. >> i have reached out to some members individually, but i want to circle the whole group to see if anyone is interested in changing any of their reports or taking on additional or becoming co-liaison with anyone else if you find any of these interesting after you took your original post. but judy -- welcome, judy -- has offered to take capital plan and help and homelessness, and jane has offered to temporarily take the 2019 housing bond, since that goes with her other liaison assignments. jane, do you think that needs a co-liaison? is there anyone else interested in that as well? >> i don't think it hurts to have a co-liaison this be

the 10 years prior to the earmark band, congress never enacted more than four standalone appropriation bills on time. this holds true for reauthorization bills as well. as you know, we just simply extend them. one fiscal year at a time. in the case of the past several highway reauthorization bills, which are notorious for earmarks , all needed multiple extensionsaw before they were signed into law. i have also heard the argument article one of the constitution says, congress holds the power to the purse and congress is seated its own power without earmarks. i agreed that congress now cedes its own power, but not by not having earmarks. congress sees the power by failing to follow the budget process and stick to a budget. the greatest sin, congress can be fairly accused of lazy legislation by drafting provisions, granting congress, granting authority to agency heads to work out the details. most of those details are worked out through regulation writing. congress can reclaim its legislative authority by including specific guidelines for implementing programs and both authorization and appropriation bills. congress should regularly review federal programs to make sure that funding criteria reflect the n

we hope to on board four or five before the end of this fiscal year or at the very beginning of the next fiscal year. our challenge over the last few years has been that we have had a number of retirements. and while we have hired a number of people for three years in a row we had a net gain of zero. and our hires ended up balancing out the number of retirements. and the length of service of our attorneys five years ago was approximately 15 years on average. today it has dropped to about 11 years. so, we -- it can take a little bit longer for a newer attorney who is not as familiar with the subject matter to turn something around compared to somebody who has a longer tenure in this office. the third part of your question addressed long-term plans. we are attacking that on multiple fronts. we are currently looking at our own processes and for ways that we can expedite what we're doing and working in the most efficient manner possible. we are doing what we can to provide educational opportunities for committee staff and member staff so that we can help them help us as much as possible. and

the he -- 10 ayes. time approval. >> item 9. adopt fiscal year 2021/22 transportation fund for clean air local expenditure criteria. this is an action item. >> let me bring up my slides. >> all right. the transportation fund for clean air funds projects to reduce motor vehicle emissions and improve air quality is funded by $4 surcharge on motor vehicle registrations in the bay area. 60% of the funds are managed by shuttles and ed chargers and 40% by the counties including the transportation authority administering the program in san francisco. this year we expect to have $730,000 available for projects. it is important to know the air district establishing the requirements and project types. it require county to guide the selection of the project which is the item before you today. we typically fund four to eight per yes. we are able to fund all. in the past we funded bike parking, shuttles, low emission vehicles, chargers and building in the clipper transit pass into the student id card. they must meet the threshold that affects the amount of mo

the he -- 10 ayes. time approval. >> item 9. adopt fiscal year 2021/22 transportation fund for clean air local expenditure criteria. this is an action item. >> let me bring up my slides. >> all right. the transportation fund for clean air funds projects to reduce motor vehicle emissions and improve air quality is funded by $4 surcharge on motor vehicle registrations in the bay area. 60% of the funds are managed by shuttles and ed chargers and 40% by the counties including the transportation authority administering the program in san francisco. this year we expect to have $730,000 available for projects. it is important to know the air district establishing the requirements and project types. it require county to guide the selection of the project which is the item before you today. we typically fund four to eight per yes. we are able to fund all. in the past we funded bike parking, shuttles, low emission vehicles, chargers and building in the clipper transit pass into the student id card. they must meet the threshold that affects the amount of mo

15-16, we served 2,935 that was a 1% over the previous years and fiscal year 16 and 17, 3,309 that was the 12.74% and 17 and 18, 3,604 and that was in 8.92% over 16 and 17. fiscal year 18 and 19 is 3,892 clients served that's roughly an 8% increase and then of course our fiscal year 19 and 20 that's 6,476 and that was the 66.3 9% and increase. and in the previous years, the majority of businesses that we do assist are in their pre start up and start up phase and generally that's consistent of 60% of the clients that we served and this past year, because of the pandemic, there's been a flip and the pre start up and start up consisted of 24% and 70% for the existing businesses. we also track our services, the number of clients that we serve in languages, and so fiscal year 19-20, we provided clients services and chinese to a total of 431 clients that is at 7% of clients served and in spanish 413 that is 6% of the client served. and in our news letter and what we call our news letter in e-blast, so, previous to the pandemic, we generally sent out a quarterly news letter

currently resources for the library of congress are a little of 14% over the by legislate stiff budget. for fiscal year 2022 the library has requested $801 million, which is a 5.8% increase, or $43.7 million over the fiscal year 2021 and active level. hope you can expand on the budget justification. the descriptions, requests for programmatic it increases in l cap and the integrated electronic security system and how the initiatives will position the library to better adapt to rapidly changing needs, ensure the safety of all the collections, and the library work force. i hope you can also address security operations in the cloud and the necessary upgrades to cellular connectivity in the library. the library of congress is a treasure of the united states. it is our duty to protect the valuable collection and preserve the library's ability to chronicle this great nation and provide access to our history for generations to come. i would look forward to your today item and i would like to yield my colleague and friend from washington state, a state that produces more potatoes to than idaho, the ranking mem

that is sufficient to support reopening schools over remainder of the fiscal year. additionally, the projections for fiscal year '21, '22, includes federal and state funding that is substantial enough to address covid-19 responses. for that second fiscal year, depending on the willingness of the district and the county office and implement appropriate ongoing budget reduction, we are maintaining a qualified certification for that second year. with that, i do recommend approval of this resolution and i'm happy to answer any questions. >> president lopez: thank you. before we do that, i like to open it up to public comment on this item. >> clerk: thank you. please raise your hand if you care to speak to the certification qualified fiscal second interim report. we have two hands up. >> president lopez: all right, two minutes. >> clerk: hello, elizabeth? >> hi there. my name is beth kelly. i'm a mom of first grader at clarendon. just a couple of remarks, one is -- the qualified certification is very serious thing. i haven't yet really seen any serious thought being put f

we would hope to have this done by the end of the fiscal year, by june 30, 2021. that's our goal. >> thank you so much. >> certainly. >> i also like to just update you on the newly elected officers of case. i have been re-elected as a continuing co-chair. patty will continue as our treasurer, and christina will continue as our secretary. i would also like to recognize our outgoing co-chair, the co-chair of case for the last four years. his leadership has been inspirational. he has done a ton of work the last four years and helped if with sustained growth in those years. we will continue to benefit from his expertise. he will remain an active member of the case board. lastly, i would just like to say that shereen will be presenting in the march meeting with her efforts with the massive plan on aging. i will provide update from the service provider working group, as well as the advocacy efforts there on reviewing the digital divide, helping to streamline the contracting process that was mentioned earlier and supporting our essential workforce as well. that's my repor

rates and decline in infection rates, we expect to see the sales tax revenues rebounding later in the fiscal year, and we have revised our projections forward with the city's office and the city economist as well, so we have a better picture this summer for our emerging field tax revenue for the reauthorization effort. i want to thank cynthia fong who had a lovely and beautiful baby boy. that is welcome, welcome news this week. so congratulations to cynthia. we can't wait to see the baby. thank you. >> chairman: great. thank you. i don't see any questions or comments from leagues, fromcolleagues, so let's open this up to republics republics. public comment.>> clerk: there e caller. >> caller: good morning. thank you. and welcome to the youngest member of the authority. thank you for these reports, director chan. the first thing i would like to bring to your attention is there was an article indicating that union pacific had agreed to operate freight. this has profound implications on how we're going to be achieving our targets moving forward. so, first of all, the implications are enormous becaus

year. that's what i was referring to not the current fiscal year we were making the existing programs whole but more the upcoming fiscal year monies we added in addition to that. that's what i was more focussed on and wanted to put that out there to work with your office specifically. >> we'll continue to work to make sure year all understanding from the same place. my understanding is there's money to set aside for next year to shore up any additional potential revenue losses. but nothing we expect to be be above and beyond the existing is it -- $12 million. in addition, if revenues come in less strong the question is will there be appetite to back fill? we have a few pieces to iron out but understand your intent to make sure we support our arts organization. 3-1-1 has had a high volume of calls especially around covid. so many questions have come in around health and there's a lot of conversation how it is 3-1-1 can help augment and help with non-mortgage -- non-emergency calls and there's talk how to have a high pick up rate when people call in. your question on how items have been close

where it's lived or worked on global warming or near garden field store worker from the fiscal year and we're near the door. but it's never. played war in the wild one of. the cops in the school will see mobs of a crowd out of. a result lawlessly while you will as i see you. you could not see it. but of simulating far more to be a car. you could still need of even more which could a freak she was shooting seriously. i don't know it's there but what the lights are what i was not getting you on the ground there is that on the record this taping you have of one young watson sounds like. quite sure if there was reason to you know the what are your thoughts in my sure that's the place that they thought of most were used to for lisa sylvester. even reform. they said. it's why you don't. know the local pneumatic reindeer hood as believe the universe is 3 ts the high speed the approach of the gods the middle one populated by people while the lowest is home to evil spirits they can enter on to main. by now started as a mourner of a bit of a bite out of my remote share with the world period your

the capitol police force and your fiscal request this year for fiscal year 2022 is as the chairman noted 20.96% 20e over the fy '21 enacted level. the u.s. capitol police commission to protect the congress, its members, its visitors, employees and the facilities, it's just crucial and you do it so that we can fill our constitutional role and/or legislative responsibilities, and we are really grateful to you and to the force for being willing to do that, especially affect more than ever now. as you know the capitol police department, really front and center, your success and the success of those that you command so congress can conduct our business and open and secure and accessible manner. as we discussed last week, january sixth should serve as a wake-up call that the capitol police must make major changes in the leadership organizations and operations, intelligence gathering, practices, i would need to improve, lines of litigation between capitol police and other law-enforcement agencies need to be strengthened. training programs must adjust for the new threats they face an officer wel

that would be received in the next fiscal year. ider approval of this legislation to be a policy matter for the board . >> i do have some amendments that i want to share but before we do that, colleagues is there any questions for ms. freed. i don't see any immediately. madam clerk, can we see if there's any public comment on this item. >> he is checking to see if there are any colors in the queue. members of the public to provide: item number five please press star agreed to be added to the queue. forthose on hold continue to wait until the system indicates you've been rooted . miss when he got, arethere any callers in the queue area .>> linda wong: there's one color in the queue. i'm sorry, there is now 2 callers in a few. >> linda wong: please unmute the first caller. >> caller: this is pressed writer, ceo of yellow cab san francisco and i wanted to say hope you approve this because it will have a big impact on the industry . we're incorporated in these weights and measures fees and we're still facing penalties for not being able

that would be received in the next fiscal year. e consider approval of this legislation to be a policy matter for the board . >> i do have some amendments that i want to share but before we do that, colleagues is there any questions for ms. freed. i don't see any immediately. madam clerk, can we see if there's any public comment on this item. >> he is checking to see if there are any colors in the queue. members of the public to provide: item number five please press star agreed to be added to the queue. forthose on hold continue to wait until the system indicates you've been rooted . miss when he got, arethere any callers in the queue area .>> linda wong: there's one color in the queue. i'm sorry, there is now 2 callers in a few. >> linda wong: please unmute the first caller. >> caller: this is pressed writer, ceo of yellow cab san francisco and i wanted to say hope you approve this because it will have a big impact on the industry . we're incorporated in these weights and measures fees and we're still facing penalties for not bein

year. that's what i was referring to not the current fiscal year we were making the existing programs whole but more the upcoming fiscal year monies we added in addition to that. that's what i was more focussed on and wanted to put that out there to work with your office specifically. >> we'll continue to work to make sure year all understanding from the same place. my understanding is there's money to set aside for next year to shore up any additional potential revenue losses. but nothing we expect to be be above and beyond the existing is it -- $12 million. in addition, if revenues come in less strong the question is will there be appetite to back fill? we have a few pieces to iron out but understand your intent to make sure we support our arts organization. 3-1-1 has had a high volume of calls especially around covid. so many questions have come in around health and there's a lot of conversation how it is 3-1-1 can help augment and help with non-mortgage -- non-emergency calls and there's talk how to have a high pick up rate when people call in. your question on how items have been close

we issued $95 billion of debt in the previous fiscal year. this year, it will be over that as part of the surge in financing. over the history of the world bank, there has been a very good track record, in part because the world bank and the imf work together in a preferred creditor treatment with the borrowing countries, so they need to pay back the world bank in order for the world bank to make more grants and loans to other countries. there's a big reflow, therefore, from historical loans. loans made 30 years ago are still paying in to the world bank, and we use that money to make new grants and loans. david: recently, i thought some of the poorest countries in the world are unable to pay some of their outstanding corporate and sovereign debt, and you are helping to get them to be able to do that? is that right? mr. malpass: that's right. there's a distinction. individual countries make loans to other sovereigns. the united states and germany, japan, china make loans to countries in africa. those are called official bilateral credits, and t

for example, in the previous fiscal year, we borrowed $95 billion from global markets from savers aroundhe world, and that is used to fund the operation. another part of the world bank is donations from countries. the u.k. is the biggest donor. the united states is the second-biggest donor, and on down. thailand, saudi arabia, and so on through the range of countries. we are very grateful to all the donors who put money into the world bank group. that is then used for grants and very low interest rate loans for the poorest countries. a big part of the world bank's goals and operations are to help people that are in extreme poverty -- help them with social safety nets, with food programs, with food security programs, and a range of activities to help them do better in their lives and help save lives in the current pandemic. david: let's talk about the pandemic. there has been a big concern that wealthy countries like the united states or western european countries will get the vaccine readily available to it and they can afford to pay for it. how do people in developing countries get acce

business has been a silverlining to excelerator growth so we did achieve 50% revenue growth in the fiscal yeart's a pretty good scale going forward we are forecasting $2 billion in the year ahead. jack: it will slow down from the ramp up, your stock tripled and doubled since pre-pandemic times. >> i think that is right we tried to signal to the market strong growth business pre-covid and we will have a very strong growth post covid in the post covid growth rate will be at or higher than pre-covid but not as high as it was in fiscal year 21 we had spike but the reasons that you articulated individual said we need to get our digital transformation started when they went from a work from anywhere environment they just needed to get the processes put into a digital format. jack: getting rid of some of the hostels, everyone knows where i need a notary, we need a notary soon how are we going to find that, the bank is closed you will try to do that electronically you just announced that could be done electronically is that a state issue or can i do that anywhere. >> a notary specifically is regulated

here's what scratching my head the fiscal year march 31 they said it will bee a $1.6 billion surplus they talking about raising taxes. >> i don't know remember we talked a lot over the last yearr about the financial burden that the pandemic placed on a lot of americans they lost their jobs and a lot of work and it's been very difficult for some of them. we also talked about the burden on states and localities but a what we found out in recent weeks new york times did a big story a lot of states have not suffered at all in terms of their state revenue, someone up half the states in the whole country went up and the one that lost revenue did not lose all that much. i'm with youi on that, i do not understand if you have the sense of rising revenues and plus congress has passed an extraordinary aid package $1.9 trillion, a good deal will go to new york. >> 350 goes to new york in the states with higher unemployment the greater the locked and get more money out of the package. it is interesting other states look at this and say we love to have several more billion dollars to play with into

that is sufficient to support reopening schools over remainder of the fiscal year. additionally, the projections for fiscal year '21, '22, includes federal and state funding that is substantial enough to address covid-19 responses. for that second fiscal year, depending on the willingness of the district and the county office and implement appropriate ongoing budget reduction, we are maintaining a qualified certification for that second year. with that, i do recommend approval of this resolution and i'm happy to answer any questions. >> president lopez: thank you. before we do that, i like to open it up to public comment on this item. >> clerk: thank you. please raise your hand if you care to speak to the certification qualified fiscal second interim report. we have two hands up. >> president lopez: all right, two minutes. >> clerk: hello, elizabeth? >> hi there. my name is beth kelly. i'm a mom of first grader at clarendon. just a couple of remarks, one is -- the qualified certification is very serious thing. i haven't yet really seen any serious thought being put f

california's income billion maun projected a state could have a $19 billion surplus by the end of the fiscal year in july. it's so much money that the state might trigger a law requiring the government to send refunds to taxpayers. president biden is calling for this. send it to take quick action on is nearly $2 trillion coronavirus relief bill after passed in the house want presidt buying to sign the bill . that's when unemployment benefits run out checks, schoolg and assistance for food, rent and child care. this package is meant, of course, provide immediate direct relief but also provided that bridge to help us all. get through this crisis. many republicans are criticizing. many of the extras added into the bill, including $100 million for public transit in san francisco, and roughly a billion dollars for similar transportation projects. hundreds, people in san francisco received a vaccine dose today without an appointment. people lined up outside the southeast health center clinic in the city's bayview neighborhood as early as two hours before the doors open, according to city data. that are

fiscal year up to date. we were up 19.5%. and we see here that through january the absolute return portfolio was up 9.6% fiscal year to date now through the end of february. >> moving on to closings that the board approved in closed session that have since closed, battery venture select fund. they have a long standing relationship in the venture capital portfolio. the board approved an investment of $15 million and closed on $25 million. and also in january the board approved the second investment with abbott properties a real estate investment. the board approved that allegation for $25 million and easily did the second investment with the provision ridge as part of the natural resources book and the real assets portfolio. the board approved the initial investment in logos capital growth management. $100 million investment and this is a bio tech specialist and opportunistic with the second meeting and what may prove more likely is to add on a portion to that meeting to review the canadian model so that is scheduled for april 21 from 1:00 to 4:00. in the next day or

t12, the appropriations had met your request for salaries the fiscal year is that not correct? >> yes sir. >> on the appropriations committee with your request for salaries and operating expenses during the fiscal year is that correct? i cannot hear an answer. >> so with those operating expenses during the fiscal year to increase your salary is that correct? >> yes. that is correct. >> that is correct. >> thank you very much. i have to think that with the resources to deploy the people that we were supposed to i look at those that would protect the capital and we saw this is a violent and planned and organized attack against the united states government by domestic terrorist they will be prosecuted as fully as they can but when we see people encouraging them including the former president of the united states to urge them to fight, i really wonder why they didn't take it seriously enough the hours that it took to bring in the national guard and everything else. i read the letter from speaker pelosi that you said that wasn't enough intelligence but stated the intelligence assessm