. >> howard wong, a lifelong resident of north beach. the central subway funding, even if you build the system, will reduce 7000 hours of service buses on the stockton and columbus corridors. that is stated in the eir. so the fta is going to look at that. it was concealed well. but the funding problems that muni has is long-term. december 2009, service cutbacks, six lines discontinued, others shortened. may 2010, 10% service cuts. no funds to restore service. current fiscal year, $24 million midyear fiscal crisis. right now coming up in a few months. state cutbacks and transportation funds, $400 million deficit, plus multi-year budget deficits in the coming years. that is a known. muni will be hammered in the coming years. riders will be affected. meltdown's are continuing often, and why? aging fleet. $2 billion in deferred investment. $660 million in a structural investment for fleet replacement. the central subway is also considered a high risk project by the mta in their january letter of 2010, and they are saying, the city will not c

. >> howard wong, a lifelong resident of north beach. the central subway funding, even if you build the system, will reduce 7000 hours of service buses on the stockton and columbus corridors. that