gee: aye. >> and chair nuru. >> chair m. nuru: aye. call the next item. >> we are coming to you with minor modifications as we get ready to transition into operations, the budget policy keeps our same budget schedule, we would come to you in april with a budget outlook, draft fiscal year budget in may and june but we would layer in, january each year, our preliminary operating budget projection. this allows us to meet the schedules in the a.c. transit leasing use agreement as well as the draft lease agreement with s.f.m.t.a. which requires us to give transit operators that information in the fall, so they can go through their own budgeting processes. the investment policy has very minor modifications. the reserve policy, we are proposing to put in a target for the o & m reserve. we took a look at what other agencies have as a target. the o & m reserve is already a reserve in our reserve policy, but we would suggest having a target of 25% of the annual expenses of the transit center. of course it would only be funded as money was availa