city. finally, think about where we should invest. because if we are an investment- friendly city and if we have our priorities straight, guess what, a lot of people with a lot of money will invest in our city as well. not government, because i told you that story, but maybe these other companies that if we talk to them the right way, if we suggest to them there are programs that are really important to all of whether to defer our parks, used, are homeless programs, that they are really important, they're going to come up with some dollars to help us with that. that is what makes an investment-friendly city and also reflects the values the city has. thank you for coming out. i appreciate your time and your effort. [applause] >> thank you, mr. mayor. i am going to take two minutes to introduce the men and women to my left and right. as the mayor said, a unit next to as the leadership of many of our city agencies that help to manage the close to $7 billion and the over 50 debarment we have in the city. starting on my right, mayor lee introduced supervisor carmen chu, who heads

i've been working really hard with the supervisors to create an investment-friendly city, a city that welcomes job creation. jobs for everybody, not just for downtown folks. i'm not here in the neighborhoods, also, and making sure that our board and i care about the neighborhood corridors. we're out here on events like sunday street's premier out here for all kinds of different reasons, because we care about every single neighborhood in the city. we want all of you to feel the richness of the city. it is not just for downtown. it never has been. i want you to know that and what you to know we listened very carefully. we are getting better. guess what? we still got a deficit. we have a two-year budget process. we are challenging ourselves a little bit more. about $170 million deficit for 2013. having said that, the $170 million is better than what it was six months ago. as our economy has benefited from some good sales revenues, and some of the buildings are occupied, we have a better revenue stream all the time. we knocked it off almost $129 million than what it was a few years ago. i

i want to make sure our city as a whole is investment friendly, that we create an investor confidencecity. when we do that, as you realize, we are not getting more state funds. it is cutting all the time. governor brown and the state legislature cannot figure their way out to greater revenues except for tax proposals they are proposing. but in the meantime, they have been cutting a lot of programs. it all falls on the city and county, so we have to be an investment-friendly city and have a relationship with private industry to make sure we create jobs and get a better tax base. that is what i am working hard on doing and i hope you will let us know what you think is the most important thing we need to pay attention to in this budget. we will hold these budget meetings and a lot of other meetings and hearings. the board of supervisors will hold a series of meetings. you have a lot of input and we will make sure it reflects the kinds of priorities you suggest for this year. thank you very much for spending this saturday morning in this lovely area of our town. [applause] supervisor chu:

i've been working really hard with the supervisors to create an investment-friendly city, a city that welcomes job creation. jobs for everybody, not just for downtown folks. i'm not here in the neighborhoods, also, and making sure that our board and i care about the neighborhood corridors. we're out here on events like sunday street's premier out here for all kinds of different reasons, because we care about every single neighborhood in the city. we want all of you to feel the richness of the city. it is not just for downtown. it never has been. i want you to know that and what you to know we listened very carefully. we are getting better. guess what? we still got a deficit. we have a two-year budget process.

investment in our city. whether your investment is just yourself, your family, your investment in the small business, or somebody else's business. if we are in investment friendly city, then you are going to want to stay here and grow. that's how i see it. that city that we love of san francisco can only be that way if we all work together, all listen carefully, that we reflect the traditions of a great city that listens to every neighborhood and bounces and makes those hard decisions the best way we can -- balances and makes those hard decisions the best way we can. guess what? we are not going to have state. jerry brown is not coming in offering more money. he is doing the opposite thing. he has to. washington, d.c., guess what? they are not going to give us a whole pot of money. we have to innovate our way to solutions in our city. i cannot think of a better way. if someone tells me they do not have enough money to do something and that i've got a period of time to do it, i'm going to look around for the best minds and the best friends and people who love the city most and say, let's work together to find solutions. how do we pay for those cuts for the aids

-- we have got to make sure that our city continues to be an investor- confident and an investment- friendly city. whether your investment is a family, whether it is a small business, or whether it is investing in someone else's business, no one is going to come to a city where the signal of the mayor with the board of supervisors for the lack of working together signals less than sure confidence that it is a good investment working with your city. that is what is attractive but sen francisco. i will continue making that very strong, and everything i do everyday will be to continue to create jobs in our city. thank you very much. [applause] >> thank you, mayor lee. and to welcome their -- mayor jean quan, ed wasserman, who is very active in this community. [applause] >> i want to join in the welcome to all of you here on this valentine's day, a day for all of us to cherish our loved ones, including our love of our cities, which is what we're talking about this morning. wendell rosen is a law firm founded 103 years ago in oakland at 12 and broadway just across the street. we are still at 12 n. bro

. >> i have often said the key to this is making sure we're an investment-friendly city. and and our investment confident is in direct measurement. >> reporter: the top city officials are scheduled for a round of pay hikes as mandated by the chatter. the mayor says he won't take a raise. >> i am going to ask others to give it back to the general fund. >> if they claim the city is in dire straits, how can they agree to take the money. >> reporter: back out here live again you can see the workers who float out to the streets of city hall. the workers are scheduled to go to a downtown location, that could tie up traffic. we'll bring you a report to let you know what is happening. for now, reporting live in san francisco, david stevenson, ktvu channel 2 action news. >>> and the founder of oaksterdam will step down as he braces for a possible indictment. richard lee is giving up the related businesses, including the training school. they were raided by the dea and irs. they hauled away computers, files and marijuana plants and lee's home was also raided. he says he hopes the sc

. >> the key is making sure we're an investment friendly city. and it's directly measured to our ability to balance that budget. >> reporter: the mayor and other officials are scheduled for pay hikes. the mayor says he won't take a raise. >> i'm going to ask the others, if they don't need it, to give it back to the general fund. >> they claim that the city is such a dire straits. how could they possibly agree to take that money? >> reporter: calling for big business to contribute more tax money to the city. those arrested were charged with failure to stay on the sidewalk and blocking traffic. in san francisco, david stevenson, ktvu, channel 2 news. >>> in oakland, the search is on now to find a gunman who shot and killed a man as he walked down the street, pushing a girl in a toy car. that shooting happened at 3:15 in east oakland. the man was shot in the head, and pronounced dead at the scene. a resident grabbed the girl and ran to safety. the toddler was not hurt. police say the gunman drove away in a car. >>> what started out as a fire respons

. >> the key is making sure we're an investment friendly city. and it's directly measured to our ability to balance that budget. >> reporter: the mayor and other officials are scheduled for pay hikes. the mayor says he won't take a raise. >> i'm going to ask the others, if they don't need it, to give it back to the general fund. >> they claim that the city is such a dire straits. how could they possibly agree to take that money? >> reporter: calling for big business to contribute more tax money to the city. those arrested were charged with failure to stay on the sidewalk and blocking traffic. in san francisco, david stevenson, ktvu, channel 2 news. >>> in oakland, the search is on now to find a gunman who shot and killed a man as he walked down the street, pushing a girl in a toy car. that shooting happened at 3:15 in east oakland. the man was shot in the head, and pronounced dead at the scene. a resident grabbed the girl and ran to safety. the toddler was not hurt. police say the gunman drove away in a car. >>> what started out as a fire respons

and at the end of the day, we want to make sure that our city is investment-friendly. the way out, ladies and gentlemen, budget deficit years is never to depend upon the state that has no good news for us. they never have good news. it is all about how they can fill the abyss of the state deficit. the federal government has signaled they have some funds, this presidential year they are not giving away anything. because they cannot have a good dialogue at the federal level with the presidential election going on. everything is politicized. knowing that, we have to depend upon our own economy and our own recovery. that says that i have to pay attention to good levels of tourism in the city, good levels of health care industry, because they are like our number two employment in our city, and then of course, in fighting technology and biotech and life sciences to establish -- inviting technology and biotech and life sciences to our city. we want returning veterans and people in mid-career is to come as much as possible to san francisco. involvement, innovation, and investm

there are a number of other things we are doing to make the city more investment-friendly. we are going to revitalize the payroll tax. that is on the way. we have the controller coming out with ideas. they have interviewed major industries to find out what we can replace it with. there will be some kind of version of a gross receipts tax that i think will end up being some sort of hybrid of that that comes out to as much agreement as we can. i think the biggest lesson there is we're keeping everyone in the room, from the established chamber of commerce members, technology companies, people who have been here for a long time, to small businesses who want to make sure we are streamlining things as we go and discover a better taxing system. i have mentioned before job training and placement. not only have the tech companies recognized the need for training, but even our u.s. department of labour. they have recognized this industry needs more training for people. if we are going to hit the veterans when they come home, made a career folks to get into the technology, we need tra

reminder that we need to keep moving forward with enforcement, education and the investments to make our city the pedestrian friendly place we know it needs to be. thank you. supervisor farrell: today, have won the submission, a hearing request are on how our city government manages our real estate portfolio. last year, after reading a number of surprising articles in hearing comments from staff, i submitted a request for our budget and legislative management to conduct an audit of a real-estate management practices here at city hall, including inventory of vacant or surplus properties in our portfolio. the results were concerning at best. despite many -- despite no response from many departments, including the port andpuc, analysts identified 20 parcels are not in use and have no plans for future use that are on our books. we currently have a decentralized property management system across our various departments despite having an official real estate division here in city hall. i would like to thank john updike for his help in this matter and his encouragement moving as ford. we have a reporting process mandated o