i had a question from commissioners in terms of contract programs, we that are cbo and 54 civil servicend this shows that we are currently monitoring the bocc. the next slide please. just drilling down more into the metric and the monitoring report. the metric are developed for by type of service and posted on the website. on the right side, this a screen shot of 23/24 and r behavioral health service adult and older adult, if i got a screen shot on the next slide, you'll see a set of metric for each of these areas. r behavioral health programs, they are required a standard set of metric. they can create exception rules that are noted and you will see that on the next slide, but they can also-discretion to individual metrics as well and think in the case certain cases depending on the program they can also chooshave similar but individualized metric depending on the service area and regulatory requirements. as mentioned before, data submission happens throughout the area in the for claiming and billing where we receive a lot of output--volume datas more consistently. i will also note, du

there is a site visit r÷ convursations to cbo so that is why there is protracted timeline between thering period ends the delay and actually tioring report out and so, it's something that we are looking hoping to get staffed up so some of this can move more quickly but we are also getting significant number more increasing contracts, so also adds to delays insuring regulatory these monitor reports are using but overall as at ways to reduce the bureaucracy and implement it and be faster. >> thank you. ink in terms of the partners between the committee, the commission and the department and then the sibility we have to the funders as well as the citizens is should really try to again, work on as much we have advantage in the controller's office is somebody very familiar with the kinds of things that need to hapthat objective and those zh hopefully we'll be able to make that case to extent that the the right kind for us to continue or to reduce to be able to do that. agai i dge that i ink that the fact we are ahead of the game in terms of most of the other departments in doing that twee

convursations to cbo so that is why eris protracted timeline between the monitoring ends and then thend actually getting completed monitoring report out and so, it's we are looking at and hoping to get staffed up so some of can move more quickly b we are also getting significant number more increasing contracts, so also adds to and the focus will be o these monitor reports are using but overall as we look at ways to reduce the bureaucracy and implement it and overall want these to be faster. >> thank it is something that would i think in terms the partnership between the committee, the commission and the department and then e responsibility we have to the funders as well tizens is something we should really try to again, wo much as possible. i think we have advantage in the cool somebody who is very familiar with the kinds of things to happen internally to get to that objective d goals so hopefully we'll be able to make ase to the extent that the controller's office has the right kind of incentives for us to continue to or reduce the bureaucracy as needed to be able to do that. again,

through the over the course of the fiscal year, july to june, the cbo provider will perform submit thea, and they can submit it on the time they choose, but all the data must be submitted for the prior year by september after the close that year. basically three months after program time period. at which point, the business office of comes in. they conduct the monitoring visits. take analyze it and [indiscernible] compliance and distribute reports and necessary plans of needed based on the findings.+r the next slide just in terms of areas that are being monitored. i had a question from commissioners in terms of contract programs, we have476 that are cbo and 54 civil service and this shows the areas that we are currently monitoring through the bocc. the next slide please. down more into the metric and the monitoring report. the metric are developed for by type of service and posted on the website. on the right side, this is a screen shot of 23/24 and so for behavioral health service adult and older adult, got a screen shot on the you'll see a set of metric for each of these areas. for b

now that we have six years of information under our belt, cbo is projecting that those tax cuts willlion more, so that's a $1.7 trillion miss by the cbo on the trump -- on the original trump tax cuts. so tax cuts, these tax cuts not only created jobs, they created increased tax revenue which, of course, came in during the biden-harris administration. they didn't spend it to reduce the deficit, they -- the democrats never spend money to reduce the deficit. they haven't done anything with the deficit since bill clinton was president. all they do is increase the debt by continuing these massive government spending programs which, as you noted, harris signed on to the two biggest ones that drove us into this inflationary if ditch. elizabeth: you know, they go to, you know, 28% would be the second highest effective tax rate out of the whole world. i mean, that's what we're looking at. the oecd average, i think, is 23%. the e.u., 21%. asia, including china, 19. it'll cause companies to flee to tax savings like ireland. the business round table, some $2 2.5 trillion in income earned across

st in terms of areas that are being monitored.om commissioners in terms cowe have 476 that are cbo andis shows the areas that we are currently monitoring through the bocc. slide please. just drilling down more the metric and the monitoring report. metric are developed for by type of on the right side, this is a screen shot of 23/24 and so for behavioral health servand older adult, if you click on the link and i got a the next slide, set of metric for each of these areas. for behavioral health programs, they are required a set of metric. they can create exception rules that on the next slide, but also-discretion to create individual metrics as ll and think in the case in certain cases the program they can also choose to have similar but individualized metric area and regulatory requirements. ta submissions happens throughout the the for claiming and billing where we receive a of output--volume more consistently. i will also note, during the collect the data, but we held off on scoring and providing a the challenges cbo use and 21-22, 22-23 particularly around [indiscernible] deployed at

diminishing and identify the, the presence of no on military you know, um vessels, whether it be a bone or c cbo on is going to anyway, really extensions is going to lead unfortunately, to a situation where military accidents become all possible and that's how i choose these new stories are shifting up for now. i'll be back in 30 with more. do hope you've enjoyed me. and this is part of the the keys to cook, the lady and you see wouldn't go to the patient. i have a little video to help people, unexcused familial g ma mazda with marshall approach us the video we're putting a couple of them we would be which is supposed to be, is that it is from the courts to put in is cook with what was the the sleepless news. that's good to know what's going on with the federal study besides that, we can take the, the keywords equal, you know, put the, it was, you should good with each skid suit, get some, see, be it. so we can pull up the custodian, we send the message signal, the fax, and the color scheme use each. they keep it in the state. you make me appointment from you. and there's a couple of music on th

and also as a cbo provider, i just want to echo yo terms of the equity pay equity issues.ve talked committee before. it is hard work. and just figuring out how do we retain folks. and just my last little piece, i just want to repeat, in terms of in terms of client experience data, i don't know if we can kind of loop that into the point in time count conversation or if that's like part of our community engagement n just want to repeat, like wanting to hear more from clients andrs, front line providers, whether that's through listening sessions, key informant some of that can be challenging to do with the population, but just want and yeah, with that colleagues, i think i need to move us along because we are at that time. and ju you so much for your presentation. i am going to table item six bec about that in our work plan conversation. sot i'm looking at laura, i know we do have public comment. i was getting go to public comment? members of the public who wish to providease line up at the podium. now, members of the public who wish to provide public comment over the phone,

and the cbo baseline shows two trillion dollar deficits as far as the eye can see with publicly-heldt rising to 120% of gdp, how about that? miss harris utters not one peep about this insane federal spending that really is the root cause of this particular unfortunate cycle of inflation, not a peep, and you won't hear about it in her speech on friday either. the bidens regulatory attack on business, their constant war against fossil fuels, along with their repeated efforts to raise taxes, all of that has muzzled the productive supply side of the economy that creates goods and services. but while they're throwing a wet blanket over production and work incentives, they continue to increase demand through government spending and deficits. these, they main line the money right into your checking accounts, you know? regretly the jay powell fed has been a handmaiden to biden-harris profligacy. too much money, producing too few goods breeds more inflation. the cpi has slowed to 2.9% for all items. excluding food and energy, 3.2%. that disinflation will not last long as democrats continue th

always say you can buy the whole cbo need edge of as a family friendly event for everybody. it's not just for the kids. come out. have a good time. >> alright in case you're interested are to that event at new. >> also happening tomorrow, the world dog surfing competition is returning to pacifica. this is video from last year. dog surfers from all across the united states descend upon linda mar beach to raise money for local charities. saturday's event also features a dog beach fashion contest and dog adoptions as well. everything kicks off at 09:00am tomorrow for all the seeds are rough. yeah. contra costa county library offering some free clipper cards for use with discovering go areas, local museums. this promotion is a partnership between the 5, 1, one contra costa transportation program in the library. it's meant to encourage using public transportation to visit things like museums. attractions include the bay area discovery museum, the richmond museum of history and the san jose museum of art and a whole lot more. well, 151 years ago today, people took a cable car ride

but then when he went donald trump comes out with something we demand to see a cbo score that time will come and i'm sure the campaign will put more thought and more information behind that. he announced it yesterday, and we've got some time to work that out and then get with members of the house and senate to get this through once he gets an office. >> just to be clear, the cbo score was on the bill in the senate. i just want to be clear what they were asking for. >> bakari, i'm curious to get your response to what mark said about harris on having a policy page on her website, it's a refrain that we've heard repeatedly from republicans. how do you respond? >> yeah. i mean, if i was being petty, petty, and fickle, i would be like google is free, but he's since we're on national tv, i'll talk about the fact that she doesn't want to raise taxes over individuals who make more than $400,000. she talks about expanding the child tax credit. she talks about making sure that individuals have a tax credit for the $25,000 down payment on their first home. she actually talks about tax credit for t

the cbo has come out and said that this it would add to the deficit significantly. my colleague said, oh, well, that doesn't account for the cuts. my next question is, what cuts do you plan to make to make up for that amount of addition to the deficit and the answer is simple. they want to cut things like food stamps, snap benefits we're talking about $6 a day for working families and people who need the relief we're talking about things like social security, medicare, medicaid. there are republicans like my senator rick scott, who have said we need to be looking at sunsetting these programs every five years. and so it's complete apocryphally when it comes to democrats, they want to level the national deficit as an attack on us for campaigning purposes. but when it comes to bear candidate, they don't want to do the same. >> let me just follow up with you though because when you look at the majority of the polls of voters, look at trump as someone who could handle the economy better than vice president harris, right? i mean, these are voters who are responding wantin

our last hearing was with cbo director fuego. he was welcome. a very welcoming event at this committee. and unfortunately a rare opportunity for this committee to focus on critical broken budget process. it gives us a chance to talk to somebody that knows that that pr. and a primary responsibility of this committee. in exchange for holding a cbo hearing at my request, i agreed to senator graham working with chairman whitehouse to put together today's hearing. we will be discussing electric vehicles and barriers to the electrification of america's light-duty fleet. the biden/harris administration 's unobtainable goal of 50% new ev sales by 2030 has been on full display over the last four years. from the imposing, expensive epa regulations to doing -- doling out billions in ev subsidies for the rich, the economic detriment to the ev policy, to america's ev policy, is quite evident. now, i don't want to give the wrong impression. ev technology is impressive and works well for some. but iowans know there are more challenges to ev adoption than many

identify the, the presence of no on military and uh, you know, um vessels, whether it be a bone or see a cbo on is going to anyway, relax 10 films is going to lead unfortunately, to a situation where no tree accidents become all possible and they have shopped into spiraling japan. this financial law case has been followed by a much needed we found the new k index, which witnessed as big as william de drops in 1987 on monday of bounce back by around 10 percent of the asian markets. also recovering to a degree, americans just took a b think as well, losing almost 2 trillion dollars in the 1st 15 minutes. but the weeks trading, all these kind of open reports on how the global cell of spots was the spot spot us with sessions this, it was started in japan with a 12 percent drop. that's the largest drop since 1987. after that, we saw a taiwan, which had its stock exchange. go down by 8.35 percent south korea was down by 8.8 percent is stumbles. all their stocks ball by 6.72 percent. now it's important to note moscow saw a significantly lower drop on the russian stock market. we saw only 2 points d

this funding, it is pretty open or can be, anrecommend two cbo's to start with thatabout, but i'm notthings i would recommend the senior disability action network and i uldalso recommend, ilrcsf. i don't know much about [indiscernible], but it would be a ally i'm certain. i think that other d orgs could get the funding and or fema related funding, possibly dhs funding state and federal, but i don' know all the iand and buts about all those things so i guess studying would have ne, but i would recommend that. i want to actually add public comment at the end of everything, because i agree webex is not accessible. that is for anmeetg. that's all for now. >> thank you for your comment. e there any public comment at this time? >> there is another caller. control, please unmute mrs. lee. >> hi. are you all able to hear me okay? >> s, we can. >> great. my name is allisoand working for department of aging and adult services and very fascinated with this topic here. i am attending as e in the presentation it was menon that there are three agencies that were interested in implementing the imple

we're going to with the identify churches, cbos in these targeted cities. stations like kpo that's freesas. and because we have a year, we're just going to phase it out. try and do everything at once. we're going to target a state city. we're just going a plan so we can kind of do out the whole try to, you know, just reach each city, reach the cbos, radio stations to do one big push in the beginning. so we are going everyone listens to cable. we're going to do we're facebook across the nation. we're going to do cable we're going to initially just to kind of see just to kind of just get that out of the getting a lot of connections. people start reaching out, we start getting us. so i'm going to conclude there, we did speak about it in, in, in sal you all have. there's a lot to talk about, but i you a taste of, of how we're going to just really create efficient. but robust marketing campaign to really try to reach people. the last thing, the one the marketing is, is those people that's that's not no information. we've gotten some of those people some of the p

always say you can the whole cbo need edge of as a family friendly event for everybody. it's not just for the kids. come out. have a good time. >> don't the golden state warriors have one of these things too. they get like a big yesterday truck right? doors open at noon. there's another special feature trackside that begins at 12 15. the main event is at 1 o'clock those pictures of them. they look like little toy cars, but i know that they're not. but >> that might have like, i don't cars that look like, okay. okay. trucks there. so we buy but we've got we've got plenty of that like are those actual cars? they look so tiny. i don't think they we have a way to channel. all right. that's gonna wrap things up for us here at 10 11. but first sports we've got ben ross where they toys. i think what right like a new car sequel, i don't know. i think maybe you can buy some of those. when you go hole, i don't know. you guys know that. we've got a special edition of sports night special night. >> in cincinnati, the giants and the reds opening a three-game series. >> blake snell, s

. >> reporter: the prediction from the cbo the tax like like this would reduce the deficit is only ifn the debt and tax revenue they would get from this wouldn't pay for other things they want to do. stuart: precisely. i have a question. why on earth would you raise tax on businesses when the economy is slowing? >> kamala harris and democrats only care about the economy of the federal government and don't care about the economy for 350 million americans. i think it is that simple and that's the argument the trump campaign is going to make and what's good for them is that's what people feel in their pocketbooks. we when they should be caring about growth, not distribution. >> you want to know why there were 800,000 fewer jobs created, because of tax burdens. if she only wants to make them worse. stuart: donald trump was the only president i can remember who actually raised the income of the lowest 20% and moved it up relative to everybody else. he closed the gap, nobody else is done that, nobody. i want to thank you for joining us. come and see us soon. still had, john levine on pro-pa

soaring past 35 trillion dollars for the first time ever to surpass 56 trillion by 2034 according to cbo proposals. >> in post on truth social you said seniors circulate not pay tax on social security big news committee for responsible budget said will increase deflths by 1.6 to 1.8 trillion dollars. >> we can cut other costs so much waste. >> where do you get revenue to offset that because it is also apparently going to advance insolvency date of social security retirement trust fund over a year. >> one thing good about that people will make a deal you know that we're going to take sear of social security not doing anything to hurt seniors there is so much cutting so much waste in this government there is so much fat in this government i have no tax on tips, that is big deal. maria: what about the debt i mean with o with no taxes on social security, no taxes on tips when does 35 trillion-dollar in debt become -- >> we were doing so well prior to covid just prior to covid going to start reducing debt taxes still further very interesting, we took in more revenue with a smaller percentage

always say you can buy whole cbo need edge of as a family friendly event for everybody.t. have a good time. >> doors open at noon. there is a another special feature trackside that starts at 12, 15. the main event begins at one. coming up on the kron 4 morning news. a look at new video of the latest numbers on that park fire burning up in butte county. >> and a dog owner asking questions after her pup was mauled to death at a san francisco park. >> well, here's a look at high temperatures for today. upper 90's you can see in the far east bay for today and pretty toasty even up in the north and some pockets there. a little bit of relief cooking for you as we get into tomorrow. but warming back up again by tuesday. going to take a look at longer range forecast while we're at it too. the kron 4 morning news continues. >> new video this morning of california's 4th largest wildfire in history now inching closer to 400,000 acres burned. it is just 25% contained as crews from across the nation work to put out the flames. this is happening across 4 different counties in the nort

when you look at the growth forecast for cbo or the blue chip, it's slow growth into the future.n is on existing administration, biden, harris, to say what would they do differently. it looks to me like they want to keep building the size of government, bigger and bigger wash a ton. washington. it's already dominant within the u.s. economy, it's the richest part of the country. how do you break out of that? it's going to be really hard. president trump if reelected has to implement in a very difficult environment in d.c. but that's what you have to start doing. you start today and push and push and a push in order to get change done at the federal reserve, in the government regulatory bureaucracy, in the giant overspending that's coming out of washington. it can be done. and the world actually is looking for this. maria: look, do you think this market is down on expectations of a slowing economy, potential recession or is it just valuation? i know you're not a stock picker, david. not trying to make you unone. we're talking about the nasdaq down 4% in a month and-a-half. what's b

bring in two season traders and joining me live from the vicks pit at cbo. scott bower and sarge. scott, you saw 181% and biggest on record and closed at 65 and down to 25 now. explain whwhere all that fear ad hysteria went. >> yeah, you know, you had especially with the vicks, you have so much short covering from people that were long equities or long part of the carry trade just clam moraying and absolutely clambering, liz, because -- c clamerring and eve- japan fell apart and big out of the money calls and everybody was clambering for them. today, it's a different story. it's not as busy today. yesterday was unbelievable. it was like 2.5 times average daily volume. today what we are seeing is retail and much more severe today and by no means is this volatility over. but the market can handle the vicks in the low 20s or mid 20s here. this is much more normal. yes, it's elevated but this is much more normal. this is something the market likes to see. liz: they like to see this kind of bounce and you, sarge, have seen this as a trader s. that what's happening here? can you venture

plan that government price control proposal that some economists are actually calling harmful former cbo director doug on deck to react to that coming up next. >> is this is just a ploy because it sounds kind of like it. >> look, if you like it is called good policy if you don't like it you call pandering progress isn't really policy? price gouging? skin. i got cosentyx. feels good to move. feel less joint pain swelling and tenderness back pain and clearer skin and help stop further joint damage with cosentyx. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and a lowered ability to fight them may occur; some were fatal. tell your doctor if you have an infection or symptoms like fevers sweats, chills, muscle aches or cough had a vaccine or plan to, or if inflammatory bowel disease symptoms develop or worsen. serious allergic reactions and severe eczema-like skin reactions may occur. i feel better. check out these moves. ask your rheumatologist about cosentyx. have you tried these new febreze car vent clips? the new i

you can't just do that, and the cbo came out a couple months ago and said the national debt is about $1.8 trillion more than we expected. guys, these are real numbers. this is a real pain people are feeling every single day, and it is relevant because the same government that has lied to you about job creation is now going to cut rates, and kamala harris is going to benefit. she's going to say, wow, look at this booming economy every since i became nominee, even though i never said a word about the economy. >> kayleigh: emily, when you dig down into these details -- i'm looking now, about half of these were in the professional and service industries. it makes you think about no tax on tips. manufacturing down 115,000 that they were off by, and the poor luminary and finalize data doesn't come until february 2025. as after the election. >> emily: you contrast, as kellyanne brought up, the headlines, the small and short talking points by the left, the sound bites they like to tout magnified by the mainstream left-wing media, but the realities are more like what we saw at the rnc, when s

be time with no national emergencies, and economy that is only recently that full employment and the cbo baseline shows the 2 trillion-dollar deficits, as far as the eye can see with publicly held debt rising to 12t that and missus kamala harris does not one peep about this insane federal spending the really is the root cause of this particular unfortunate cycle of inflation, not a peep and you won't hear about it in the speech on friday, undivided regulatory attack on business some of the constant war against also fuels, along with her repeated efforts to raise taxes, all of that is mobile the protective supply side of the economy that creates goods and services. knowing what blanket overproduction, and the work incentives and they continue to increase demand through government spending and deficits and faint mainline the money right into your checking accounts you know. and regrettably, the j powell that has been a and made into the biden harris spending too much money chasing too few goods and breathe more inflation itself year-to-year cvi slow down to 2.9 percent for all items exclud

doug holtz-eakin, former cbo director. thank you, sir. appreciate it.with my last word. at ♪. we do them this way. this way has people who start early. people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right way which is why it's the only way we go. ♪ me and my friends ♪ ♪ life is better with the credit gods are on your side. rewards once available to the few are now accessible to the many. credit one bank. get cash back rewards, and live large. conference today, mr. trump said in all the years of studying politics, never seen anybody get elected by saying we're going to raise -- give you a tax increase. got that right. tax cutters win, tax hikers law enforcement luisa mack donned up next. liz: larry, not even jimmy carter campaigned on tax hikes

always say you can the whole cbo need edge of as a family friendly event for everybody. it's not just for the kids. come out. have a good time. >> and the doors open at noon. there is another special feature trackside that begins at 12, 15. the main event starts at one. and a push to help scam victims get their money back. what zell customers need to know. >> plus, unemployment on the rise as major indexes. take a dip in afternoon trading. we're under stocks on today's for your money next. 3.24. this afternoon and for your money, stocks fell sharply in afternoon training. >> our trading rather with the s and p 500 heading for its worst session in almost 2 years. analysts say s and p 500 fell 100 points. the nasdaq composite lost 417 points and the dow jones lost 610 points. financial markets feeling the impact of a sharp downturn and us hiring hiring fell sharply in the unemployment rate rose for the 4th straight month. july jobs report showing employers added 114,000 jobs in july. 35% fewer than expected. unemployment. now at 4.3%, the highest since october 2021. and th

always say you can buy the whole cbo need edge of as a family friendly event for everybody.it's not just for the kids. come out. have a good time. >> doors open at noon case. you're interested. there's another special feature there. it's called trackside that begins at 12 15 force. the main event kicks off at one and take a look at this 151 years ago today people took a cable car ride for the first time ever on august. second, 18 73 inventor andrew halladay tested out the first-ever cable car on san francisco's clay street. this is archive video taken back in 19. 0, holidays, cable car system survived the great san francisco earthquake. it dominated the city's transit seen through world war 2 and was named a national historic landmark in the 1960's today, many of the original historic cable cars are still up and running. coming up in the next half hour on kron, news at 5. governor newsom announcing a plan to help prosecute suspected criminals in the east bay. we have details. plus. >> we continue to follow the developing news out of the east bay. chevron announcing its movin

always say you can buy the whole cbo need edge of it as a family friendly event for everybody.it's not just for the kids. come out. have a good time. >> the doors open at noon. there is another special feature track slide that event kicks off at 1 o'clock. look at that unit. 1, one, that's fun. well, beloved san jose restaurant is closing its doors rays willow. glen announcing they closed for business on monday on their social media page. the business saying that they are extremely grateful for the public support since they opened in 2017. it did not give a reason as to why they're closing. 4 months after california boosted the minimum wage for fast-food workers. the union representing the employees is asking for another raise. in april, minimum wage went from 16 to $20 an hour according to a memo sent to our sister station in los angeles, the union is asking to raise it up again, up $0.70 by january to, quote, keep up with the rising cost of living. the union is also demanding more stable schedules and investigation into alleged wage theft harassment discrimination and unsafe

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it is the so-called fear gauge cbo index, measure of bonds, or options. it is having one of its biggest moves ever as the market really completely re-prices pretty much everything. our talk of the tape, how aggressive the fed has to get, where do we go, a lot to discuss, so i'll shut up and jump into it. cameron dawson on set and truist keith learner joining us remotely. big day. need a steady voice. cameron, first to you, jobs number wasn't that horrible. it feels like. we brought this up in the noon show. a little bit of a market overreaction. >> 114,000 isn't that bad in the grand scheme of things. it depends on what you think the neutral number of jobs should be. if it's 115,000, 114 isn't bad. closer to 200 to 300,000, the 114 is pretty bad. we can't forget there's a lot of positioning happening here and that positioning unwind is why this move is so magnified. >> because -- i think cameron nailed it, keith, doing this a long time, you know that, and yeah, we missed slight miss on the jobs number and the market does what it's doing. that is not about

second, request for [difficulty hear ing speaker] the board added funding back the cbo bram to restorepdate. now, [indiscernible] has elapsed, [indiscernible] are made until mid-august. at this time we project to collect $61 million in revenue that is $2.3 million short of the and project to [indiscernible] $87 less then budget this result in a operating loss of $26 million or $2.7 mi less of the reserve or fund balance will be used to fill the operating short-fall. next. thank you. the slide shows the revenue--i think revenue budget actuals and projections. we are still in year-end st numbers will still go up or down, but for you we left projections unchanged and will report the final numbers to the commission probably in september. this slide shows actual and projection and same with revenue. we'll report back with final numbers in september. next slide. permit volume and valuation.of is 7 percent higher then last year and the next should read total valuation is 1 percent higher. there is lower there, but it shed should be higher then last year. consistent with the last update. the h

professional serviles for the state pr second, request for [difficulty hear ing speaker] ack to the cboam to restore to fiscal year 24 amount. next slide. this is the regular finance update. now, [indiscernible] has elapsed, [indiscernible] are mid-august. at this time we project to jw million in revenue that isof the budget and project to million, $5 million less then budget this operating loss of $26 million or $2.7 million better then budgeted and means less of the reserve or fund baance will be used to fill the operating short-fall. next. thank you.shows the revenue--i think revenue budget actuals as i mentioned earlier, we are still so these numbers will still go up for you we left projections unchanged and will report the final the commission probably in september. this shows expenditure budget actual and projection and same with revenue. we'll report back with final numbers in september. next slide. permivoluthe total of number of permit is 7 percent gher then layear and the next should read total valuation is 1 percent higher. there is lower there, but it shed should be higher l

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basically folks d functional needs or this funding, it is pretty open or be, and i recommend two cbo'sto start with that i know not well versed in all things san francisco. i would recommend the action network and i also recommend, ilrcsf. i don't know much about [indiscernible], but it would be a ally i think that other agencies and orgs could get the funding and fema related possibly dhs funding state and federal, but i don't know all the if, those things so i guess studying would have to be done,would i want to comment at the end of everything, because i is not accessible. that is for another meet that's all for now. >> thank you for your comment. are this time? >> there is control, please unmute mrs. allison lehear me okay? >> yes, we can. >> great. my name is allison working for department of aging and adult services this topic here. i am attending as a guestthe presentation it was mentioned there are three agencies interested in implementing the implementation, which was municipal cisco public library. i am curious, have any of encies started next steps or planning or this implem

so as expected, it's critical to select produce that's relevant to the audiences and our cbo partnersnment. now team engaged with diverse community memrscip8 community events and engaged approximately 3000 residents through those events. so all engagementas conducted in four languages in english, sph,d manr mayor even picked up a few of our tips and tricks at a community en. there are a few key learnings that can be applied to future campaigns. the combinationonne and offline media with on the ground engagement proved to effective strategy for this campaign, given the complementary strengths of each of those, and by focusingspifice able to geotarget ouressaging and work with community partners who serve those. those communities. while ilding the partnerships with local small businesses to participate in the campaign was a time consuming t good way for us to build relationships with those businesses and to support local businesses andeach residents at the point of sale. our traditional media channels, through our contractor, didn't have the agreements with thosent they did with larger

inservices, oes ha a program called, [indiscernible] that's the spanish word for ready, and they orwith cbo's funding, it is pretty open or can be, and i recommd with that i k not well versed in all things san francisco. i would recommend the senior disability action network and i would also recommend, ilrcsf. i don't know much about [indiscernible], but it would be a i'm certain. i think that other agencies and orgs could get thor fema lated funding, possibly dhs funding state and federal, but i don't know the if, and and buts about all those things so i guess studying would have to be done, but i would recommend that. i want to actually add public comment at the end of everything, because i agree webex is not accessible. that is for another meeting. that's all for now. ■ >> thank you nt. are there any public comment at this time? ere is another caller. control, please unmute mrs. allison lee. >> hi. are you all able to hear me okay? >> yes, we can. >> great.and working for department of aging and adult services and very fascinated with this topic here. i am attending as a guest. in on it wa

so as expected, it's that's relevant to the audiences and our cbo partners and our environment members they participated and eesidents through those events. so all engagement was conducted in four languages in english, spanish, cantonese . and our mayor even picked up a few of our tips and tricks at a community event. there are learnings that can be applied to of online and offl media with on the ground engagement proved to be an effective strategy for this campaignngths of each of those, and by focusing on specific neighborhoods, we were able to geotarget our messaging an partners who serve those. those while building the partnerships with local small businesses toin the campaign was a time consuming task, it was a to build relationships with those businesses ando support local businesses and reach residents at. our traditional media channels through our agreements with those small businesses in the larger grocery chains, chains. so it was necessary for our team to step in there. and the combination of images, videos and messaging with working with language media, in language media ou

for instance, a raise in the corporate tax rate to 28%, according to the cbo, would hurt profits by $10so, that's something to think about if they get both houses. anyway, we're going to talk about it. >> less than a quarter for apple. >> yeah. it has an effect. >> it's like a month. >> yeah, but look, i mean, wages come from earnings, right? and we want to keep wages going. >> no doubt. >> we're going to take a quick break here as we count you down to the opening bell ahead of fed chair jay powell's jackson hole speech. reking another look at futures he, pointed to a higher open with dow futures up 200. this summer, there's no better time to experience the latest mercedes-benz has to offer. make your dreams come true. but the choice won't be easy with exceptional offers on the e-class sedan, c-class sedan, cle cabriolet and cle coupe. hurry, these dream offers won't last forever. come in now through september 3rd. (man 1) we're standing up for our right to be lazy. (woman 1) by sitting down. (man 2) and reclining back. (woman 2) we work full-time and parent full-time. (man 3) we will b

hsh the office of development and cbo partners including goodwi centers and episcopal ont tenants and scattered housing.skills and access to employment barrier removal resources clothing and transportation for potential interviews. and then for csh is hosting of housing uding supervision in june and coming up ust deescalation.year 23-24, tay housing highlights as shared with the transition age supporing providers supported 46 young adults to move from permanent into stable housing placement with services. young adult documentary called just free systems impacted youth francisco in collaboration incloffice of public attorney. for tenants to receive first-aid cert on february 2024, hsh released a nofa, notice ty for the elevator modernization project that made dollars available for elevator modernization.are eligible for occupancy hotels that are master leased owned by private landlord. the funding waleased on february 15, 2024 and 13 application 13 applicants received ten tiff awards first, 2024 and that includes three housing providers with total of 1431 units.the applicant elected to

. >> yeah, and i -- you know, one more time, will come on to this show, as a former cbo director and it's great fun to talk about taxing somebody else. but the reality is, we do have a spending problem. and it's a spending problem that both candidates have said they're unwilling to address. that's social security and medicare. those programs are $36 trillion over the next ten years, well more than anything else you can imagine, total annual proportion will be 21. that is the money. and they grow faster than everything else. they're going to grow at 5.5, social security, 7%, medicare. that's faster than revenue will grow. unless you deal with getting the growth rates in those programs down, you'll never solve the problem by just raising revenue. you'll raise revenue, the gap will be a little bit close, and it will widen back out. we'll be back where we started. deal with the spending problem. yes, you might want to raise some more revenue in the process, but you can't just start with revenue. that won't work. >> it must be incredibly frustrating for you and really for -- no, for all a