>> american samoa revenue estimates were meant to be very conservative. -- those revenue estimates were meant to be very conservative. it makes it easy to pay even with credit cards. it takes into account the projected decrease in parking meter related cetacean revenue, making it easier to pay and having longer time limits. people will pay more at the meter but likely get your parking tickets. the net result is a small net increase in overall parking meter related revenue. chairperson avalos: a follow-up question. generally, we are major failings. the revenue that comes from that location or generally across the city -- more from the citations or from the coins or cards that get deposited in those meters? >> very roughly, the citywide average is approximately $1,600 per meter per year in corn and card revenue and approximately $500 a year in citation related revenue. supervisor mirkarimi: per major? >> per meter. chairperson avalos: $500 a year? >> that is correct. supervisor elsbernd: the estimated revenue -- does it assume the extension of parking meter hours or sunday parking meters?

the total project cost estimate is $192 million. certain cost is estimated at $147 million. we are in agreement with the budget analyst recommendations. for corporations. major milestones of the project. we total lies the construction bid last june. we expect it due on august 12. we extended the bid psycho because of the complexity of the projects. we hope we can achieve the award in september and begin in october. in total, this will be about 36 months at a totatotal construct. construction would be finished a bit earlier in october 2013. >> how many proposals have you received so far? >> we have not closed the bid to get, so we do not know. i will be happy to answer any questions. >> thank you. let's hear from the budget analyst report >>. >> inadvertently, the commission requested a release of the fund unreserve for construction costs. normally, as the department indicated, construction bids are just around the corner. normally, i would have recommended to continue this item until you get the construction did, however, the department pointed out that that would delay the

it is a long-term estimate provided by the independent firm. supervisor chu: the 30% contribution rate, in 2010, it was 9.49%. there is no disputing those facts. the estimates going forward about 2015 being 30%, what are the underlying assumptions there? is that realistic? what are we assuming in our numbers if we're going forward? >> it is the report of the independent actuarial firm. the numbers that the grand jury reported to you or numbers that we reflected from the report. they do base it on assumptions. assumptions can change over time, but that is basically all any pension system has to go on. >> i was going to mention that the underlying assumptions were assuming that we return 7.75%. we returned in excess of 12%. >> if i am reading this response from the department, that is different from what you're saying. it says that the employee contribution rate referred to is actually a worst-case scenario where the trust would be 4.5% returns? >> they must have showed them that chart. in fact, we got a 12.5% return in the first year following t

do you agree with that estimate? >> i think you are referring to a 10-year cost estimate that has been provided. i am just reading the notes. the note that applies for epistemic heart disease of $1.6 billion read that multiplied the total administration costs of 1,880,005 unde $74 by 8%. i think we have a calculation error. i do not know how that becomes $1.6 billion. >> if these figures are correct, i would expect to try to reduce the administrative overhead. >> thank you. >> i really appreciate your being here today and with this panel. i believe there is much of value added of through transparent in discourse. -- value added through transparent discourse. i want to thank this panel very much for your responses. thank you. >> thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> robert gates spoke to reporters today. he says we are making progress in afghanistan. his speech is next. later, president obama addresses the united nations general a

>> well, estimates were based on 2007 numbers, so the value of the land has decreased. however, like i mentioned, the extension of the project will allow for the market to recover. tjp was looking at multiple other sources to make up for that gap. i think i am going to have somebody from tjp -- we don't know what the gap is. it's a moving target, and they are more aware of where things are. commissioner campos: thank you. >> for the $429 million projected in phase 1, first i think it is important to note that doesn't represent all of the land the city is receiving from the state of california, there are some parcels whose revenue was earmarked for phase 2, so there is potential to sell those earlier to help offset shortages and revenue in phase 1. the second issue is that we saw a significant funding damp on phase 2, and lewis said we would continue to pursue additional funding from the federal government under high speed rail or other programs to close phase 2, and where possible we may be able to swap out funding, moving landfills on time to allow greater opportunity

they estimate reviews over 10 years cost at least $350 million.any aren't worked the cost and no longer convey valuable information, he says, as a person who spends time looking at reports he's got a good point. fewer, shorter reports would be taken more seriously and save trees. a bigger problem is the government's ingrained use it or lose it culture when it comes to budgets, unless you spend it you won't get more next year and everyone wants more next year whether they need it or not. services sometimes rush ahead with programs that aren't well thought through, as was recently the case with the ground combat vehicle in the army. changing the wasteful habit will be the biggest challenge and where a vast savings can be reached. thanks for joining us for "this week in defense news." i'm vago muradian. a very happy 63rd birthday to the united states air force. you can watch this program online or you can e-mail me. i'm be back next week at the same time. until then, have

they've beaten the estimates over the last four quarters rather handily. the investors are looking for a yield. it is a 3.5% yielder as well. again, double-digit earnings growth this year. again, fast growers, good yields, good dividend growth, and good value. >> tom: and disclosures for these stocks here, chuck? >> we own all of them. i personally own all of them as well. >> tom: we appreciate the ideas. chuck carlson, c.e.o. at horizon investment services. >> susie: finally, a different take on employment. some people looking for work are finding jobs at not-for-profits. johns hopkins university says employment at non-profits grew about 2.5% during the worst part of the recession, while it fell more than 3% at for-profits. as diane eastabrook reports, many non-profits are attracting professionals who felt burned by corporate america or who are just plain burned out. >> did you ever think you'd be back at fenwick working here? >> only in my nightmares. >> reporter: greg pritz walks the halls of fenwick high school as he did 35 years ago. back then, he was

. >> the revenue estimates were conservative and based on our previous experience with small- scale pilots of parking meters that accept credit card revenue. when we accept credit cards, that alone increases revenues significantly. supervisor mirkarimi: just along that thread of questioning, those meters themselves -- are they also watched by the meter maids so they can zoom in on them? >> as part of the sfpark program, it is not just new meters but a sensor in every spot that tells us whether the space is occupied. that allows us to provide real- time data to drivers by at the web or mobile devices to help people find open space more quickly. that reduces congestion and get people off the road more quickly. we will test providing enforcement officers with the combination of that data so they can improve their efficiency. but overall, by making it easy to pay and having longer term limits, it should be easy for customers to avoid parking tickets. supervisor mirkarimi: i think the assumption of $500 is a little low. how many years back are we looking at that average? >> the average of 500 p

. >> the original estimate came from a nexus study. call my understanding is that the authors wanted to rely on credible, why be accepted, widely used data for of all use. i would agree that there seem to be far more alcohol licenses in san francisco than a difficult city our size. if someone was to show me hard data that says look, on a residential bases there is a lot more of all consumption, i would not be surprised about that. on the other hand, i cannot as an economist second-guess the reliance of credible third-party data sources. i felt that in doing our independent review it was important to consider our large tourism industry. and it's much larger restaurant and bar industry that you see statewide the needs to be accounted for at some time. i do take your point. we do not have a clear sense of what the alcohol consumption is. the i think that the additional level of review that we provided, if you like a more cautious estimate, we would proceed on that basis. >> what about an unintended consequence between mom-and-pop against

the green line is the 2010 estimates from the trustees report. medicare costs per beneficiary will fall dramatically, supposedly. that is assuming that we will actually be able to get providers to provide medicare services to medicare beneficiaries at these vastly reduced payments. that is what this is about. this is in effect a reduction in medicare benefits as presumed by the bill . but they are starting off at about $12,000 and within a decade, they will fall more than 20%. these are actual dollar amounts, $2,010, they will fall dramatically. we will be paying for medicare beneficiaries less on the cost of providing the services. if that is true, two things can happen. providers would like to change the composition of their clientele. they would like to move it away from medicare and for regular paying customers. how can they do that? the demographics are working against them. some people may be able to do that. everybody cannot do that because the population demographics are that the share of their clientele with medicare will grow over time.

aeropostale had weak results and missed target estimates. tom will have more on the retailers coming up in tonight's "market focus." there's been another oil rig explosion in the gulf of mexico. 13 workers were forced overboard, all of them were rescued. and the fire on the mariner energy platform has been put out. the company says no oil or gas was spilled. >> susie: still ahead, does age matter when you're a c.e.o.? we'll look at why experienced leaders like warren buffett are still in demand. >> tom: the bidding battle for 3par, the maker of cloud- computing equipment, is over. hewlett-packard won the deal with a $33-a-share, $2.4 billion offer. that was apparently too rich for dell, 3par's other suitor. it dropped out bidding. but dell already has business ties with another firm in the cloud-computing sector, e.m.c. analyst benjamin woo expects those two companies to forge a closer working relationship in the wake of dell's failure to buy 3par. >> 3par was the last of the independent companies that wouldn't require a very massive acquisi

there was no actuarial valuation to estimate the resulting pension liability for the city.resulted in a substantial increase of payment to the city without vor approval. then there is a number of responses that partially disagree, and one that is not stated. ms. callahan? >> thank you, mr. chair. i can only agree with one of finding and that is there was no actuarial evaluation of the specific proposal. it is important to correct a mistake in the grand jury report. the date of what we would call the swap, the point at which our largest union would resume payment of their own employee pension contributions, 7.5%, is july 1, 2011. that is significant. we cannot agree to have this. we did not agree to do so because we were anticipating a large number of retirements and we did not want to give people an incentive to stick around to draw an increased pension after a race. -- after a raise. we did have about double the number of retirements that we normally have in any year, largely because the expirationÑi of the sick leave at cash out program and a large number of people choosi

norget of the -- north of the beltway, estimated visibility of a half a mile. south of 70, i know it is not technically our viewing area but a lot of you watch us up there, that's a quarter mile of availability, that is estimated availability. so do jape anticipate some fog to start our day. now let's look at the almanac data. i think we'll break that, maybe tie it, but likely break it. 90 was the high yesterday. the average high temperature is p 77. the record hyatt dulles is -- the record high at dulles is 92. i think we'll break that. clouds and a few showers off to our north along the warm front. heavier clouds in along this cold front in the mid section of the country. ap area of -- an area of low pressure. you can see those clouds associated with this front. another day of hot conditions, hot and humid. this cold front will have a big impact on our weather late tonight and early torning morning. first thing tomorrow morning you will notice the drop in humidity level, and by saturday you will notice the change in temperatures. we should have a big dip in o

they estimated it is 10-20 a.. and it is a barboni branch it was previously a functioning dairy ranch. however, it is not anymore. the fire station came from around that road and try to fight this fire. they have managed to designate a line at that is burning grass. and this should be out by this time the sun goes down tonight. also it is right next to this cheese factory. and if you want smokey tasting cheese? [laughter] >> in jonathan blum. >> now, to our developing story on the san bruno gas explosion. for the first time since the burial we are hearing from one man lost two of his loved ones in that blast. the father, had told his kron 4 with his family went through moments after hearing of the explosion. (voice of translator) >> a our daughter's h wa one of the first to go down and it was hours and hours of anguish, hope. that that moment never came until the next day when they told us that they had found some victims from that disaster. we do not wish this on anybody. it is very painful. too much. too much. so

. >> and perhaps what would be an estimate of a time line? in fairness to our agency, this is an issue that we got your correspondence relatively recently, but at the same time we understand this is something affecting ongoing families on an ongoing basis. so for the benefit of our guest here what would a time frame for that be? >> i would estimate two months, about 60 days. at least two meetings. one to provide you information on the particular issue and give you kind of the environment and the parameters. and then after that to have the discussion in terms of a policy decision. >> and we certainly have her address. >> yes. >> so we'll keep you advised of those things as they're happening so you can attend if you like. chairman nolan: very good. thank you. >> herbert whiner followed by shawn. >> herbert whiner. first of all, i came in late, but, first of all, i want to welcome ms. brinkman to this board. i hope you are a diligent watch dog of the m.t.a. well, you know, i came in late so i didn't hear the report about the restoration of servi

i emphasize, however, that these are estimates.hey are subject to ranges of errors, margins of error and we make that clear in our report. host: caroline is joining us on the independent line in caldwell, texas. caller: how can you say there are fewer illegals? you cannot prove it in my neighborhood, because there are more and more daily. we live out int h the country on small lakes. they're here everywhere. more and more daily. and they respect nothing, you know. no laws of any kind. we have to help pull drunk illegals, who cannot speak english, tearing up your hard, driving off. they are putting illegal septic tanks in. we paid a fortune to have hours put in. host: where is caldwell? texas a &m,twest of college station. host: do you assume that they're illegal? how do you know this? nobody: well, let's see, speaks english, number one. number two, is when a policeman comes around, they are like a bunch of roaches that run and hide. perception. guest: as of 2009, there were 11.1 authorize immigrants in this country. if you go back

they have a rough estimate now i tempted millions of dollars created in san bruno, ken pritchett, ktvu channel 2 news. >> jacqueline greig and her 13- year-old daughter will be remembered at 7:00 tomorrow night at saint cecilia's catholic church in san francisco. at the funeral mass is scheduled to take place on friday morning. janessa was an eighth-grader where she was president of the student body and jacqueline greig worked for the state's public utility commission for more than 20 years pre-we have continuing coverage of the san bruno fire and explosion, click the tab on our homepage at ktvu.com. >>> not to san francisco where police are investigating a suspicious death. they found a woman in her 20s near mission street at about 11:30 p.m. a man called to report the death but when officers arrived that man was gone and investigators say the man called back in the night to supposedly surrender but never came to the police station. >>> also in san francisco police say they have arrested two people following the shooting that left one man dead and another in serious condition. shots r

if we stopped everything today, it's estimated there's another half degree and full degree of warming in the system because the earth is not in a balance. that's why we're warming up. we are gaining more heat from solar radiation than infrared, the reason is it's being intercepted by the ozone and others and it's a little more than a watt per square meter right now. but in the sort of mid range scenario we are out of balance by about two to three watts per square meter which is doing to cause all this problem. so if you had a 60 watt bulb and shined it offer the meter of the earth you'd have a big big problem. we're talking a 360th of a 60 watt bulb. that's the magnitude of our problem. the other thing to say here is on sea level rise, just because we sort of some of you watch this program called monk about this detective that's a sort of obsessive guy hung up on numbers but we're hung up on 2100. it doesn't mean the sea level will stop rising at 2100. there was a debate on how much we should invest and so forth. as long as the earth is at a radiated balance it's going to rise and we

with the stimulus that we used, can you estimate -- or have you the ability to estimate when we are going to see 7.7% or pre- recession 5% unemployment rate? can you give me an idea? >> well, we do make projections, and you understand the uncertainty. >> i understand the uncertainty. i have been here for 12 years and have looked at all the projections. >> our current projection is that under current law, the unemployment rate would fall back to the 7.7% you had in mind in 2012 at some point. >> 2012. are you telling me that the 15 million part-time or totally unemployed people will be back to work? ofwell, there is a lot churning in the labor force, so that many of the people in the labor force with jobs will lose jobs and those in -- and others working jobs. there is a significant and growing literature on the pact of longer-term debt text of financial crises. in addition to the recessions that follow immediately, the letter shows clearly that economic growth can be week for many years to come. the question about the 5% unemployment rate that erase, we projected going back down to 5%, bu

give the this aerial view to give you a sense of how quickly and how vc2much this devastation is estimated. the fact that the gas was going through the distribution lines which led directly into the homes. the fire was intense and the homes burned quickly. we now have christine standing by. >> we just got into a vantage point and we moved here so we can actually show you one of the burned out homes. were going to go ahead and hand in on it here this is really the closest that we've been able to see any of the damage. basically this home that we see here we can just see the frame of the house and that said. there's a lot of crime tape around the home this entire neighborhood that surrounding it about two blocks away from the center of the fire, that neighborhood people are still not allowed inside. it looks like a ghost town in the neighborhood right now the only people i've seen in the street just police officers that sitka, carried a lot oftvú people tryig to come here to see if they can get inside their homes to possibly get medication jury this is the closest we've been able to get to s

according to one estimate, between 2005 and 2008, there were an estimated 400,000 concussions in high school athletes. >>> and a big day for one veteran of hollywood, actor mickey rooney celebrates his 90th birthday. >>> all day long, you can stay on top of the very latest developments in those stories and others as they break on msnbc. and tonight be sure to watch brian williams with nbc "nightly news." >>> and, finally, here's a look at what's coming up later this morning on the "today" show. >>> nbc's tom brokaw offers his take on the state of the nation. >>> and the one and only tina fey has a sneak peek at "30 rock"'s brand new season. >>> now keep it on this channel for continuing local news, weather, sports and more. i'm amara sohn. thanks for watching "early today," just your first stop of the day today on your nbc station. the day today on your nbc station. have a good one. -- captions by vitac -- www.vitac.com [ female announcer ] it starts with you falling in love with the most personalized most customized piece of furniture you will ever own. ♪ get that one piece right and

whaa the board is doing. >> repprter: there are often -rotests before the board of estimates from thoseoffice %-spend.s want more latitude to we're not eliminating accountabiiity, we're not eliminattng the checks and balances. we're just raising the threshold format tearr that nee!!for, mate the board. >> reporter: for now the sameú %-glimpse of tte office thht thy nevvrrknew they purchased. those taxpayers have another spending deciiion to make inú november. jeff ables, fox 45 morning news. >>> a year afttr ttat office was upgraded, david scott resigned from the department of public works. he was hired by former mayor sheila dixon. ú%> coming up later on fox 45 morning news, theerisks that come with having a heart bypass. normal life now because of the stroke.ú >> how chhosing tte right surgeon can make all the difference. >>> next, the ravens say goodbye >>> next, the ravens say goodbye foo now to one >>> next, the ravens say goodbye foo now to one activia is better than ever! hey, you guys. want to try activia's great new taste? isn't this the yogurt that, you know... helps regulate

there's probably an estimate, i couldn't find it. but out of that i think there is a crucial missing overarching mitigation for the whole project that really needs to be stated as mitigation and it's an important one to guide its long-term development over the next 20 to 30 years which is that the project should minimize the necessaryity for residents to travel off island, for their everyday needs and lives. we have to, in other words, include on the island as much of the facilities and services as feasible that residents routinely need. because otherwise they will have to go to -- on to the bridge or ferry or something to come to the mainland. i'm using an example noted in the document but not quantified is childcare. all working parents are going to have to have arrangements for childcare. if it's not on the island, they are going to have to go off the island to do that. and it will almost certainly drive a car to do that. that's an obvious example of something that we have to be sure that there is the most adequate childcare you h

margins were better, as it easily beat earnings estimates even while sales fell. talbots raised its earnings guidance, but it lowered its sales growth forecast. and that was the disappointing feature. shares fell just over 1%, but traded lower earlier in the day. volume was five times what it normally is. shares have lost a third of their value since that high in april. truck maker navistar is at its lowest price since march, falling 7% today. shares are down almost 30% since hitting a high in june. it easily beat estimates as profit margins widened. normally, a good combination. still, revenue growth wasn't as much as expected, and it dropped its sales forecast for the year. some military truck sales have been pushed out to its next fiscal year. while we're talking about things with motors, the outlooks for several auto part makers were cut by analysts at j.p. morgan. the auto suppliers think inventories will grow as auto sales growth slows. among those hit, tenneco fell 4.5%. the canadian-based magna dropped almost 4%. and dana was off more than 3.5%. volume was

i would urge that you not take these estimates very seriously. there are a huge number of caveats that i did not put down here. what we were truly trying to develop was the question of whether there would be enough space at each middle school for incoming fifth graders who would be assigned to it according to the elementary that they attend. the answer is yes. the thing is that these are rough estimates are based on the rate at which children have moved from fifth to sixth grade in the district over the last four years. this is called a great progression rates. we measured grade progressions for each of the elementary attendance areas over the last four years. we compared the number of fifth graders with the number of -- we identified all of the fifth graders who did and did not enroll in six grade in the district. we found a great progression rates do very geographically across the district. what these numbers in the rough estimate column really mean is what enrollments would be at the middle schools given everything that we can take into accoun

the nonpartisan congressional budget office, cea's own estimates, and estimates for range of respected private sector analysis suggests that the act has already raised employment by approximately 3 million jobs relative to what it what it already been. what the act has not done is prevent unemployment from going above 8%, something else that jared and i projected it would do. the reason that that prediction was so far off is implicit in much of what i have just been saying this afternoon. an estimate of what the economy will look like if the policies adopted contains two components, forecast of what would happen in the absence of the policy and an estimate of the effect of the policy. as i've described, our estimates of the impact of the recovery act have proven to be quite accurate. but we like virtually every other forecaster failed to anticipate just how violent the recession would be in the absence of policy and the degree to which the usual relationship between gdp and unemployment would break down. the report was very clear that there was a great deal of uncertainty about the no

in fact, the same study by the transportation research groou estimates baltimore motorists are spending an extra $603 a year n repairs because of broken roadways. >> it ccst me to do repairs. repaars now a days, if you are not going to a back alley mechanic, you are going to a reputable dealership they will charge for you parts and labor. >> the study blames the crumblinn roadways on budgee shhrtfalls.3 and until the economy is jump staated it cculd e a rough road ahead. jeff abell, fox 45 news "late edition".3 >> well tonighh a spokesperson3 for the baltimore city transportation department is ttking issue with the survey. saying that it covers the entire

the budget analysts i'm sure you'll hear from them in a second estimates over the nine-year contract this could save versus the existing contract over $2.3 million. to the department. >> supervisor maxwell? >> could you give me an example in numbers on what the incentive would look live, the 25 -- the annual net operating cost? an example in numbers what that would look like. >> yes. one second, supervisor. okay. so for -- essentially for the harding course, the harding course budget we have two pots of money. we have a pot of money that is the -- that is the entire course budget, that includes the course maintenance as well as -- the course maintenance performed by city workers and the pot of money that is expended by the tpc or currently kemper but hopefully in the future tpc on the city's behalf. so we have tied incentives to both of those pots of money. on the first case for the pot of money that's expended on the city's behalf by kemper if we were to budget -- i'm sorryry, currently by kemper, under the proposed contract by tpc, if they -- that current budget for fiscal year 10-