nomination for miguel bustos as vice chair. >> i second. >> commissioner rosales seconds the nomination. any other nomination for vice chair? hearing none, the nomination for vice chair is closed. any members of the public who would like to comment on the nomination for vice chair? hearing none, the public comment is closed. any opposition or abstentian? [roll call vote] >> madam chair, four aye. >> elected vice chair of the commission. >> congratulations. >> thank you, commissioner singh. vice chair bustos. thank you, everyone. madam secretary, next item. >> next order of business, agenda item 5c, workshop on the recognized obligation payment schedule for july 1, 2018, through june 30, 2019, discussion, madam deputy director. >> thank you, madam secretary. commissioners, it is that time of year again when we take the steps necessary to submit a recognized obligation payment schedule to the california department of finance. we will be seeking oversight board approval later this month but we would like to give you an overview of what we anticipate our spending to be for fiscal year 18-19