c.p.i. growth for personnel and nonpersonnel costs. but at the citywide level, unfortunately, the expenditure growth is significantly higher than -- than revenue generation, so for the general funds, there is forecasted shortfalls for each fiscal year. keeping this in mind, the mayor's really wanted to keep a focus on equity and accountability for current focus. the effort to try to address these structural issues is being addressed through a variety of things, from generating for revenues, looking at citywide costs and departmental costs and a very fund amountal element of this piece is looking at employee costs, so trying to figure out how to address the growth in pension and health care. so for the port's financial outlook, i ended up taking the citywide assumptions for personnel and nonpersonnel costs. you can see -- so these inflation rates of 19% for pensions, 6% for health care costs, and c.p.i. for nonpersonnel costs, these were all taken into accounts in the port's pace case, so this is what we think will most likely happen. and we a

c.p.i. inflation is running at five six seven eight percent in the united states of america and interest rates according to the federal reserve to be at five percent today anything less is a giveaway from the pensioners who have money on deposit trying to earn interest to the kleptocrats on wall street and that's the last twenty years and that's what you palace continuing because he's not going to taper the ponzi scheme he's in the pocket of the bankers it's the powell put just like the greenspan put the yellen put the bernanke you put of course if interest rates were higher at the federal reserve bank property prices would not be increasing at twenty thirty percent a year that would be more effective then you know this this shows you this whole neoliberal sort of virtue signaling sort of economics where a lot of progressives will say they want zero percent interest rates that that is good but you're seeing the absolute devastation of populations the rise of homelessness across america is directly tied to these property bubbles and these you know the restrictions on building new new right ther

c.p.i. is more than 2%, prop 13 caps the increase at 2%.e maximum increases prop 13 would allow. let's take a home with initial value of $400,000. in the second year your assessed value grows by a maximum of 2%, growing from $400,000 to $408,000. in year three, that $408,000 is increased by 2% to roughly $416,000. every year, the value grows by the maximum rate of 2%, and that is called your prop 13 value. keep in mind as time goes by your prop 13 value may not be the same as market rate. what do we mean by that? let's say over the last ten years, home prices in san francisco have gone every roughly 10% every year. despite that, your prop 13 value is capped at 2% growth creating a difference between your market value and prop 13 value. know that the value recessed when there's a change in ownership. a change in ownership means that the property has a new zoner. maybe through a -- new owner. maybe through a sale, a gift or adding or dropping names through title. at that time the home will be assessed a new market rate. that value becomes a n

january fell sharply with sentiment regarding export prospects dropping at the fastest pace since the financial crisis the c.p.i. as head of economic intelligence and a leech addressed the elephant in the room saying quote the manufacturing sector is clearly feeling the pinch of brecht's it uncertainty. meanwhile electronics major sony says they will officially declare their european headquarters is no longer located in london instead registering their corporate residence in the netherlands due to the ongoing brecht's that debacle a sony spokesperson said we are moving the location of our european headquarters registration to the netherlands making sony a company based in the e.u. in an optimistic perspective i suppose somebody could say that sony's move does seem to bring more insult than industry in that job totals and functions in london will remain unchanged. at the same time a company with greater emotional ties to the u.k. dyson those famous yellow vacuum cleaners is also officially moving their headquarters from england to singapore dyson c.e.o. sir james dyson who is a prominent supporter of the u.k. le

if you look at when we do a fee increase, or costs over the years, costs of services may increase for the department and in turn our fees may go up and they go up by medical c.p.i. every year. that doesn't change the amount of reimbursement we're receiving from medicare or the amount of reimbursement we receive from medi-cal. it would extend the write offs with the structure of the insurance. >> you mentioned the general allocates, how much was that? $320 million? where is that number? >> i believe it's on the side. after accounting for our funds and our revenues it's about $270 million. >> $270 million? >> correct. after our revenues that we received. >> it's twice the money we should be receiving in ambulance billings. the ambulance billings are $135 million. >> yes, that's an issue in jurisdictions with demographics we have, there's very low reimbursement. it's not very unique issue for us per se. >> who does the collections on the ambulance billing? >> we have a contractor that does our ambulance billing. we work with them to find better communications with hospitals and incorporating patient data and getting patient data. for example, when we pick up our p