it was in your package and heather mcdonalds from the controllers office is here to give a quick summary for you about that report. i do want to thank the city services auditor's staff, heather mcdonalds and my staff for working on this report. it was a lot of information that we provided, we poured over whether to have sufficient funding and whether there were other opportunities. so i'm going to turn this over to heather. >> good morning. congratulations on your election. i'm with the auditors division of the controllers office. as deputy director the controllers office was engaged to conduct the financial analysis to recommend an economic stabilization reserve as well as strategic one time investment in the fund balance in the cyclical nature in the construction industry. our project methodology consist of historic and cyclical revenues, expenditures, staffing hours and defer credits. to support our recommended economic stabilization reserve level, we also perform a bench marking analysis of building inspection agencies across the state given their recent economic decline. lastly our

this is from heather mcdonald at the manhattan institute. go ahead. >> the diverse exclusion, the chance lore's diversity office, the associate vice chancellor for faculty equity, and the assistant vice chancellor by diversity, faculty ceo witty advisers, the staff diversity liaison, undergarage rat liaison, diversity, chief diversity officer, director of development for diversity initiatives, office of equal opportunity, the committee on gender identity and sexual orientation issues. the committee on the status of women. the campus council on climate, culture, and inclusion, the diversity council, the cross-cultural center, the lesbian, bi, sexual, transgender resource center, and the women's center. that is a left wing seminary, not a university. >> that's right, that's right. >> should not these institutions exist? >> not one of them. they have nothing to do with thieving, but ideology. look, this is another tragedy. i was raised in a religious jew, wrote two books on judaism, journalist, and we -- the hebrew root for torah, teacher, and