and 36 million to water. i think our cfo said it's a 20, 40 split. so how do those revenues and match up with our costs. that's what you see on slide 5. on the left are our revenues. you can see that the largest portion of our revenues are coming from our enterprise customers. we have general fund customers then our wholesale with modus operandi even though and turlock are open transactions and other income. that is about one hundred and 28 million in resources. we have additional need for expertise and that's where we dip historically into our reserves to fund our overall costs. as you see our operating costs open the right our operating costs and - the wholesale purchases we make and the distribution we procure from pg&e to move our power and other high cost items. you can see how we balanced out that one hundred and 49 million and still have a fund balance at the end of the fiscal year 2014. as the general manager mentioned we've been in an era of having a balanced plan. you adapted in federal bureau febru

to 7.8 million for a new capacity of 6.1 million we shouldn't issue this debt today but that's what coverage suggests we can do. in terms of structure it's thirty years the taxable debt will be a.m. terrorized in the ferries year the structure is proposed to lower the overall cost support. the second supplement of indenture our security guard 80 asked to be approved today and once we've got a negotiated sale we'll come back and report to you. in turn of next steps we'll be meeting with the rating agencies in january and february and will present the ports financial picture. they'll present their rates they'll give the credit recommendation to the committee and we'll receive our rating. we'll be coming back on january 14th all of the estimates projections i was showing you is based on february 28th and we're fine tuning and go through the board of supervisors and post the preempt statement and sell the bonds in march or february if bore lucky. and so i'm and the team is here to answer any questions >> so moved. >> second. second >> any public comment? commissioners any questions? >>

and he is now saying, i would like to take 100 million of that back and it would be 400 million dollars, and in addition, he anticipates over 700 million in auction revenues in the budget year. and so he is proposing a brand new allocation or an appropriation totaling $850 million. of that, $300 is going into rail modernation, and the rail moderization is the new administration phrase to incapsuleate the upgrading the rail system and funding the high speed rail and from money that he is taking from cap and trade, 250 of that will go for a high speed rail, authority to continue to do some of the phase one planning. as well as to undertake right away acquisition in the central valley, for the next component of the initial construction segment. there is funding for sustain able community, projects and in other words, infrastructure that enhances the community, and the sustainable community strategy and that could be a range of activities. and he is providing for 140 million dollars in energy efficiency, activities including clean energy, and although they highlighted and they did not want

the big construction thought of hundred million doesn't hit until 20/20. this is as good as it gets >> right so that's important information at least map out and give us a sense of what's beyond. >> thank you todd. >> well, i think as i stated before now you have a better understanding of some of the challenges. i want to say one of the things i've challenged the a gms we want to try to accomplish no new positions. and i think for the most part we're able to redirect a lot of our priorities but i felt that the week to week in the course was something that was so large we couldn't absorb so some other things as we present that i think we needed give some visibility to because i've also for the last two years ago s am asking people to do more with less. believe me the message as we look at raising rates for a waste waterside the message is clear we have to focus those increases on just making sure the cost of inflation is absorbed and not adding new information but a lot of the increase in the capital. that's the message so you'll see a few things that i sai

that is about one hundred and 28 million in resources. we have additional need for expertise and that's where we dip historically into our reserves to fund our overall costs. as you see our operating costs open the right our operating costs and - the wholesale purchases we make and the distribution we procure from pg&e to move our power and other high cost items. you can see how we balanced out that one hundred and 49 million and still have a fund balance at the end of the fiscal year 2014. as the general manager mentioned we've been in an era of having a balanced plan. you adapted in federal bureau february of 2012 was your - final plan is new revenues about $3 million a year it assumed higher to the general fund which resulted in higher revenues that's the two kent a year over the 4 years that the general manager talked about. we anticipate over the 10 year plan debt financing at 63 million. in order to balance that plan we noted to cut about 3 hundred and - exemplary 3 hundred million was cut in order to come into balance. the largest

they all clear $30 million to $50 million in football. that's just in the last few years because the television rights fees for college football are currently raising at a faster pace than pro football. in the last 10 years, the amount of money that college football programs year has gone from $5 , 40, million a year to $30 year.-- $50 million a host: what do they do with the extra money? guest: they spend it on the athletic department in alabama's case, the $43 million. $4 million went to the school's endowment and the rest was kept by the athletic department. l.s.u. which won the national championship four years ago made a big announcement last summer that from now on they would give 15% of -- 15% of what they cleared to the school's academic endowment. generous, you? host: you have lots of figures in here. how are they collected? guest: that's the department of education who collected the figures. host: what if -- sit u.s. education department? guest: it's in the exact -- one of those long chains of letters and numbers. it's in the are

or $29 million for the five year period. and that is measured against the $191 million cost of the strategic plan scenario. we backed out $20 million because of that amount is already been programmed or spent on the 2009 bicycle plan which predated strategic plan scenario, so that leaves us when all this is said and done with one seventy one million dollars in costs and then we back out the known revenues so we have a short fall of $142 million so it implements a strategic plan scenario in the five year window $142 million would be needed, so on the next slide we have some possible sources to eliminate the bicycle strategy funding sort fall. i want to comment on the recently released mayor's transportation task force which looks at transportation funding for coming decades and identifies a number of sources. all of these sources are also in that plan and in the series of recommendations developed by the task force. they have more than these identified in their recommendations as well and they also identify implementing as a

brian talked about the line item going to $85 million. i think what is telling if you show on slide four this well exceed what is we're asking for in the bond. and this remains the need for the facilities even after the $72 million that was applied in phase one and so we will continue the good work. the next slide i think is very good and that is -- as far as i will get into the presentation but presentation what you see is the green shows the facilities of which six will be addressed completely by phase one including station five and 16 and on turk and webster and on [inaudible]. they're rebuilds. the ones that are shades some work has been completed and 22 has been touched but 16 need significant work and in the dark red those need attention and they're all located throughout various parts of the city so what this program will do if continued to fund the upgrades to our fire houses and make sure that we are able to respond in a timely manner and the other piece i want want to address is the emergency water supply system which we worked

, destroyed and recreated 2.1 million policies this leaves us in a 4 million insurance gap. obamacare was designed -- >> they say another 3 million are kids who were under age 26 who can now stay on their parents' policies. they're saying 2.1 enrolling in the private plan. 3.0, 26 and under. >> the kids are the kids. they have been touting them for years now. they exist. that's real. that doesn't change. how would you like it when they talk about medicaid. you could go from being a paying customer from insurance that rul hs in health care. to go from being that person to a welfare insurance program that doesn't result in actual care and dumps you in the emergency room so you don't get real care but you get medicaid? that's not good. >> we have had people on the show talking about that. chris, thank you. >> you bet. happy new year. >> happy new year. insurers are complaining about serious problems plaguing health care.gov and a backlog of hundreds of thousands of unprocessed insurance regulations. insurance industry insider and a formerer executive of group benefits insurer.

. >> it might be something we can foul with a precise number but over a million dollars. >> a million dollars spent total and 14 percent. >> no, it's commented toward. >> will you residency that. >> we spent an estimated million dollars a l.b. e firms to date. >> great. and then like any fell commissioners into the small business thing is great i'm glad your reaching out to the champs and hopefully, you'll get other ruffles so thank you. well, i'm going to a sound like i'm echo and indict to. thank you for your presentation are i think the whole strategy of reaching out to the small businesses i know you want to make the neighborhood a little bit different so if it's going to look like every other neighborhood it's not going to be special it is to be diverse whether it's small or big but you have to have some characteristics. my other question are you considering pop up to get other folks interested in the site. you're going to tell us more but is it a specific site you're going to be picking for the skwechl >> it's not something that's ripe for parole but that is to sort of draw a vi

and 3 million in the dult plan. and 7 million signed up through the system already.o the administration feels like things are working okay after a very bad start. >> let me stop you for a second. you are counting 4 million on medicaid. were they originally counting 4 million on medicaid. >> no. in the measure that you are usings answer is no. all i am stating sen million people is a fact so far seened up for obama care through the system they have and it is clearly more than we thought it would be at this point. >> la res. >> oh, my goodness. >> sounds like mission accomplish. >> figures lie and liar figure. as long as the administration is involved they are piling up pinochios. and think about this. if as was pointed out by senator johnson sick people sign up. and well people look you want and say thousands for deductibles that i will never reach. i will go and pay the penalty for the first few years and as a result of that, insurance companies will raise premiums and as they do that, fewer people will sign up in the out years and that is a spiral of death for the w

how much is that presidential >> that's about 27 to $28 million so right now we have $20 million in reserve so we're showing that next year and in the two years as well. >> i want to highlight although we're submitting a two year budget it's eating into our reserve so i hope to meet quarterly and if we are looking at, you know, not increasing our revenue it would be prudent to start directing our costs. so instead of waiting for year two and our reserves are down to fumes we need to do corrective actions as soon as we know that we know things we're planning on pursueing. we probably need to really, you know, pursue a lot of those things we're pursuing and get back to you >> i'm looking the bar chart that says in the coming fiscal year year one we're down to 2.7 million. >> that's a good question. that's what we need to use in year one not what we're adopt to. this is not just to balance the budget >> this is the source of fund. >> yeah. and nicole it's saying we don't have to use as much of the reserves in that 14, 15 year but we have to use a lot of them in the subject years. so that's why

>> according to police documents and sources, $1 million for goto. $1 million. >> $1 million for one? >> $1 million for one liver. >> did ucla know who these people were? >> when you see guys with lots of tattoos, missing fingers-- wouldn't it occur to you, like, "oh, this guy is a gangster." i can't believe they didn't know. >> attorney eisenberg says transplant rules require extensive background checks on every patient, yet ucla insisted to federal investigators they had no knowledge that goto or his cronies had ties to japanese organized crime. ucla declined all our requests for interviews. the only thing the medical center will say on the record is that their program has been reviewed and found to be "in total compliance" with liver transplant rules. the hospital told us: >> in my opinion, the medical center has a moral and ethical obligation to determine the source of those funds. >> a moral and ethical obligation, but apparently, no legal obligation? >> well, it's not addressed in the rules specifically. >> because the quality of livers and the eligibility of patients vary wide

melissa, you are comfortable with that million, two million dollar lev. abot is really that what used to be called, fu money. not worrying about ail about future. at is what this notion of true with was. i think simply need more. the notiothat people can retire on a couple hundred thousand dollars for 20r 30 years at the rate prices are rising simply can't happen, we need more. melissa: scott, does the f-u money really exist because you don't worry about what happens? chanceare your assets are not liquid. if the tide turned the way it did in the recession. you may hav$10 million it may evaporate or $100 million a a ton of it may evaporate? >> right. steve cohen had forget you money too and i'm sure he is possibly a little worried about it in a moment. the funny thing, melissa about that survey, i couldn't believe this, four out of fvenvestors surved are taking care of aging parents or adult kids. how about that? melissa: yeah. >> the point about taking care of family? that is ano lot of post-traumatic stress disorder on people bause medicare, medicd, the

nearly 50 million americans, however, were poor in 2012, including 13 million children, 60 million people live below half of the poverty line and large racial disparities in the african-american community were clear and documented. and african-americans have a lower college degree graduate level than white americans. and so the safety net has to be something for all of us, and as i borrow this from my good friend from california, just to show you a line of americans possibly looking for work. we cannot point out and we cannot know at this point which one of these are near the edge of poverty or living in poverty simply because they cannot find work. and so it is important to note that there are elements that many discard, the earned income tax credit, supplemental nutrition program, the huge job training and educational investment that president johnson made on the war on poverty. medicare and medicaid. huge safety nets, not handouts, but safety nets. maybe the word welfare should be changed to something of a transitional living fund. for that is what it is, for people to be able to live.

they say 35 million people who live just above the poverty line will not be covered. >> if 86 millioneople will be covered by insurance, that this means that not much will be changed. the government already covers them with anti-poverty program. this means that so many will be rejected by hospitals. >> reporter: in the new scheme they will have to pay $2.50 a month. this is too much for many people. >> my only business is selling noodles. i get around $15 every day. but then i still have to eat and pay all the bills. so you can count yours, how can i pray for the premium every month? >> reporter: but the government insists that small entrepreneurs will be able to pay. in august more poor indonesias spent more on cigarettes than on insurance premiums. >> you have the right to achieve the highest possible status of health, okay, but there is no right without responsibility. >> reporter: the healthcare scheme will not be fully implemented until 2019 due to lack of doctors, nurses, midwives, especially in remote areas. the government says it has started a nationwide program to increase me

which is just recently this body acted to decrease the pensions of millions of veterans, millions of men and women who have served owngs, who have fought or our nation, bled for our nation and this body decreased their pensions irresponsibly. this defunds obamacare because millions of americans are hurt hurting and uses the savings from defunding obamacare to restore the pensions to the hardworking men and women of the military which never should have been taken away in the first place. this is an opportunity for all 100 senators no to demonstrate we stand together with the working men and women in the military and with all americans who are strublging to make ends -- struggling to make ends meet, struggling to achieve a better life. madam president, i ask unanimous consent that my amendment number 2686 to prohibit funding of the patient protection and affordable care act and to fulfill our nation's promise to our military retirees are called up and agreed to. the presiding officer: is there objection? ms. mikulski: i object. the presiding officer: objection is heard. mr. cruz: madam

the projection of the discrepancies is $30 million. we're looking at that as how can we accomplish that and again 90 in our fiscal situation should we do it in 5 or 10 years. we present a plan to in the course and here's our plan for the remedication of discretion. we need to got rid of and say this is what we're doing and this is why it's reasonable. 15 years is a long time but it's the change we have to deal with on this front. so those are the highlights the operation side is flat and on the negligence and week to week front we have to deal with. i'll turn it over to todd to wrap up. he handles solutions. >> hopefully tie you have volumes and volumes of information. >> yeah. but it simplifies to one slide. i'll recap the slide that we could switch to the morpt. so assistant general manager went through the budget so in the binder they've recapped for the tab one and two it's the budget summary and the operating budget and talked about the highlight of the capital budget. so, now we'll quickly walk to the capital plan if the 10 years

this 3 million cubic metres or 5 million tonne of dumping is the first of a number of proposals to expandorts and allow more dredging and dumping across the reef's water. we'll put pressure on the international companies to try to stop them investing in the work, putting pressure on the government to do its job and protect the reef. and looking at legal options. protesters in thailand are marching through bangkok. pro-government demonstrators cancelled their rally to avoid consultation. wayne hay reports from bangkok. the protesters moves to topple the thailand government have not worked. the party is continuing. it's been three months since they started. at times the numbers looked low, the pressure was enough to see the prime minister call an early election. it was not enough for the protesters vowing to destruct the vote an sunday. >> we could vote against the government. it would not guarantee justice in the next government. in past elections it was clear they bought votes. >> as the days draw to a close many of the protesters settle in for a night on the streets. it's at this time th

-15 and -- 118 million in 15-16. these projections change as we go through the year. they have different reports. we get the results what they're doing in the state and the federal government so they bounce the deficit around this amount. this by the way is a lot lower than what we were looking at several years ago. i remember the days of the 200 million-dollar problems but again a lot of things are that used to balance the budget is gone and you can't use a trick more than once. this deficit doesn't include things about the negotiations with the unions except police and fire and 40 are up for it now. the general drivers are we have improvements in the local tax revenues in both years. there is the loss of the fund balance in 14-15 compared to the budget but projected gains. there are differences in the outlook for public health due to the affordable care act. they basically have to look at rebranding themselves and coming up with providing services differently and because they are general fund most -- a lot of their

>> not 25 million no, not 25 million.es -- >> you think this is going pick up. >> absolutely. >> well, jonathan, we'll seem always good having you. >> good to be here. >> stay tuned. >>> e-mail from someone saying you're getting testy and irritable, eat something. >> push wage hikes for, some get ready for higher prices for everybody? >> we're talking about in wal-mart, 1.1% price increase one time. for mcdonald's, an extra dime for a cheeseburger. >> that was a fellow saying hike the minimum wage to $12 an hour, 1.1% product increase price. he lost me but i'm stupid. but serving up the price of your servers could help with costs but bill johnson says it really never is. that's been the argument for hiking the minimum wage, it's like the gift that keeps giving. >> maybe by simple for three out of employees left working where they're working because somebody is going to lose their job. you combine that with the aca, a knoll once -- >> the affordable care act. >> yes. the whole boston community won't know what is coming at

we are $1 million 149. which would cost $990 million. on page 306 our report. we noted king flyers will purchase buses including 24149 of optional equipment. as supervisor moore has stated in comparison, the mta is requesting 835 per vehicle. that is more than king county. as shown this table four of page 30 of our report without sales tax the cost for vehicle for the sf mta would be $1 million 643. it would be more of a cost. we ask the department to explain that and as you've noted there is an attachment one on page two of our report which identifies each of the additional sf mta items that would be included and the cost for each and the sf mta has represented that the additional optional equipment is required to operate the buses more effectively. on that bases we have recommended that you proof -- approve this.

we are projecting an increase in net assets of 18.6 million. this is 1.5 million less than last months report so that is kind of expected when you do a projection with only a little bit of data you will be bumping around a little bit. the 18.6 consists of 11. 1 million the city plan assets, and working on the recommendation from the disposition of these assets based on the health service policies and they will come back to you next month. we have been talking about this for a while but february is a big month in terms of writing any types of reserves that we need to have or any types -- according to the health service policies. 1.6 in favorable [inaudible] blue shield flex fund and incurred but not reported. we continued to look at the success of the flex fund and we will incorporate that information into the rates and rate settings. 4.7 increase in estimated claims experience in the civil insured dental plan. reduction of a million of hmo insurance revenue after the application of the retiree insurance credit. these are similar items we had on

estimates between 400 and $600 million of sales in 2014 alone.here are about 120,000 medical marijuana users, and the estimation is there will be a half million recreational users in colorado alone, and that is not counting the tourists who will come here to take advantage of the new law. >> paul, thank you very much. >>> the president's health care problem is facing problems from the women he put on the supreme court. she is temporarily blocking the law to provide health care to religious groups. the white house has until friday to respond. >>> but that won't stop coverager from kicking in for the 2.4 million americans who have signed up. the affordable care act now specially making its long awaited pay due. patty culhane reports. >> reporter: it has been a scene repeated across the country. social service agencies working the phones, and the web, trying to get people signed up for health insurance. >> well, i was suspecting you know -- expecting to qualify for some help. >> reporter: they are reaching out to people like jose, a self-employed ca

almost 50 million americans still live in poverty, including over 13 million children. in such an abundant society as ours, there is only one word to describe these stark facts. unconscionable, and we can do better. this congress should make it a priority to help the poor, the economically downtrodden, and jobless. their path to economic opportunity still remains dim. but this congress, the people in this house, can be their light. if we are going to win the war on poverty, there are many battles today that we must win. first, we should start by extending unemployment insurance now and not putting 1.3 million americans out in the cold. second, we need to raise our minimum wage so those working hard and trying to earn a living can actually do so. third, we must fight harsh cuts to snap and head start to make sure everyone has equal opportunity. these are just a few of the small battles that we must win right now in the larger war on poverty. this is no time to turn back or to retreat. this is a time for a surge in our war against poverty. millions of americans, including

making millions and millions of dollars and people love -- >> right. when there is outrage they don't realize by capping their salaries you're ensuring the billionaire owners get more money. focusing on this misunderstanding of where the wealth comes from. how balance the play is -- >> it's not like a real free market because you want tore entertainment value to have everybody relatively even. i don't care if apple makes the best telephone. >> baseball is far more competitive than it used to be. more competitive than the nba. less competitive than football but in baseball you don't have maybe a dynasty like the patriots or dallas cowboys, pittsburgh steelers. we think about the yankees but a lot of smaller teams are doing well. it's not a cure-all and those companies -- those teams trying to make money always find a way around it. >> thank you, j.c. bradbury. >>> what is fair and why aren't we just talking about money? is it fair that he's good-looking. is it fair that he was 6'4". doesn't seem fair to me that i was the shortest in middle school so i g

advertising age reports gun control advocates spent $14.1 million on tv ads compared to $1.9 millionights groups. michael bloomberg was responsible for most of the gun-control side with his mayors against gun violence putting about $12 million toward ads. tim graham of the media research center told us, quote, the media assumed their news blitz and an anti-gun ad blitz would carry the day. they couldn't imagine grass-roots groups like the nra would beat astroturf millions like bloomberg. money batters. but they keep learning that the passion and flyover country for the kaubs tushzal right to bear arms burned down the phone lines and melts the e-mail serves. they're allowed to inspect and copy files from travelerslaptops without warrant. >> the judge rules the searches are rare. it was from a student who had his laptop taken by border agent in 2010 when he was on an amtrak train. he was handcuffed, locked in a cell, and questioned for hours. he got his laptop back 11 days later. the aclu said it's considering an appeal. >> finally, a drug dealer under house arrest in italy begged poli

at that point it was only $6 million and now it's $10 million and it went from $1.6 million in january of last year to over $10 million by the end of the year. and none of that was contemporaneous documents. it's all of them going back now and trying to justify all the lies that they have been telling to the public in the prior years. and i have also got a sunshine order against the city librarian for withholding -- primarily because he didn't want it exposed that he didn't have any idea whether those numbers were presented were valid. >> good afternoon commissioners i'm patrick -- here on my own time as a private citizen. first, i am going to ask mr. renne to recuse himself when you got to my item given the article about mrs. renne's foundation in last month's westside observer. second i would like to know when this commissioner is publicly going to inform members of the public what the delay is with the mayor? removing miss gomez. you have let that matter drag on for a year, four months after your determination and you are letting the mayor just ignore this commissioner entirely. dur

this is a great way to start the new year for millions of families. and yet the far right still doesn't get it. here's what senator shutdown ted cruz tweeted on new year's eve. quote, retweet if you hope 2014 brings a full repeal of obamacare. congressman eric cantor said today that republicans will start 2014 with more house votes taking aim at obamacare. and a right wing group backed by the koch brothers is spending over $2 million in three states on tv attack ads. >> obamacare doesn't work. new hampshire families deserve better. >> tell kay hagen obamacare hurts north carolina. >> obamacare hurts louisiana families. >> it's a new year, but the same old message from republicans. and millions of americans gainigain ing care this week are sick of hearing it. joining me now congressman jim mcdermott and krystal ball. happy new year, first of all, to both of you. >> happy new year. >> same to you. >> let me ask you. more than 300,000 people in your state are covered under obamacare. about 65,000 through private plans. about 230,000 through medicaid expa

when you look at the fact that 11 million people, 11 million have been kept from the ranks of the poor just by the unemployment, emergency unemployment policies and programs. this is extremely important. not only for those people to not fall into the ranks of the poor, but also for our economy, the economic benefits for people to receive unemployment compensation until they are able to find a job. secondly, we need to raise the minimum wage, from $7.25, to $10.10. i believe we need to have, perblingly, a living wage. some parts -- personally, a living wage, some parts of the country that would be $20 to $25 an hour just for people to survive. we need universal preschool, childcare. also, greta, we need to make sure these assaults on the poor are e working poor stopped. when you look at the fact that now the house has a $40 billion cut in food stamps. we have an agenda, i have legislation to cut poverty in half in 10 years, it's been supported by over 50 democrats. we need republicans to commit to at least reducing poverty in half in 10 years. we know how to do that. it's very active. w