. >> this is cynthia fong. >> good morning, commissioners. yes or the deputy director of finance and administration. why have before you starts with the fiscal year annual budget. this budget was brought to you at the preliminary stage for the information in. they have not received any changes from last month, and i have a short power. presentation for you to recap what we saw in the budget. as you may recall, the budget includes six different pieces. we have the tax revenue and a federal state and regional revenue, the capital expenditures operating with the service costs. this package includes four components, and the first attachment is the high-level executive version with the rigid with the comparison to fiscal year 1011. you have the annual work plan, and this breaks down into each of the five sections that the authority will indicate what we plan on working on next year. you have a line item detail, listing all the different federal and state and regional type revenues, and this shows what we will be spending for the fiscal year. you a