. >> and finally our quarter by financial will be presented by craig borey. >> this is for the quarter ending june, 30, 2014, which is also the fiscal year end period and the year end and the preparing in the financial statement and the auditors will be in the field for october and so it will be five report and the first is the budget actual report and compared to the actual expenses to the board approved budget. >> and for the capitol revenue and expenses, where we are at 76 percent of budget and for operating revenue and expenses we are at 88 percent, of budget and the second report is the contract status report and this report presents amounts that are authorized and present for tjpa contract and it also presents dd activity through the likes of the program highlighting the contractors who have exceeded their goals, through june 30, 2014, tjpa has distributed 242 million, in payment and this report also shows the upcoming bid in the ward activity for the contracts and there is a substantial portion happening through the remainder of the calendar year. and the third report is the inv