barbara hale, assistant general manager for power. thank you for holding on all the way to your fourth budget workshop. here we are to talk about power. so, uh, today i'll provide an introduction for some context, provide a brief reminder of our levels of service, which you adopted in just in november of 2023. and. and those really, you know, ground our work and then get into our budget requests and how they help us meet our levels of service and priorities is let me begin with how power enterprise is organized to do our work. the power team is divided into four organizational groups, each led by a deputy manager. they are here today to hear your guidance and feedback and assist with any questions i have. so please allow me to introduce each of them. moving from, uh, left to right on the org chart that you see here, we have our operations deputy manager position, which is vacant due to a retirement. so our next level of leadership is here is, uh, i'm going to ask each member to stand to be acknowledged. rich stevens is managing our po

barbara hale, assistant general manager for power. thank you for holding on all the way to your fourth budget workshop. here we are to talk about power. so, uh, today i'll provide an introduction for some context, provide a brief reminder of our levels of service, which you adopted in just in november of 2023. and. and those really, you know, ground our work and then get into our budget requests and how they help us meet our levels of service and priorities is let me begin with how power enterprise is organized to do our work. the power team is divided into four organizational groups, each led by a deputy manager. they are here today to hear your guidance and feedback and assist with any questions i have. so please allow me to introduce each of them. moving from, uh, left to right on the org chart that you see here, we have our operations deputy manager position, which is vacant due to a retirement. so our next level of leadership is here is, uh, i'm going to ask each member to stand to be acknowledged. rich stevens is managing our po

um, barbara hale, assistant general manager for power. so, yes, this was, uh, one of our proposals that showed up on the slide. uh, we are the power provider for new developments and redevelopment areas under the charter. uh, so what we are doing is including proposals that will staff us adequately to meet the growing needs and the emphasis, the faster pace that the city is looking for in the housing for all initiative. got it. thank you. i also so on your slide 54, we have an assumption on on interest rates being at 6% for ten years. i am hopeful that that's a conservative assumption . i know it's incredibly hard to predict, but i, i thought i heard you say that you're trying to sort of be conservative on that interest rate, just so that we don't underestimate our costs on our debt service. is that right? that's right. we're trying to be conservative. and this is a number that we thought about really deeply. we sought counsel from our municipal advisors through our debt team. nikolai sklaroff, who's the capsule finance director. um, was