mr. rose just handed out revised budget reports for those. >> good morning, supervisors. ben rosenfield, controller. as you've requested, mr. chair, we've got a very brief walk through of our proposed budget for the next two years and i'll start off by saying that we have come to agreement with mr. rose with his revised report which he'll speak to following the presentation. at a very high level, as you've requested, the controller's office budget for the next two years are all funds growing to 55.8 million at the second year of the two-year budget. and as i'll talk about in a moment, almost the entirety of the increase you're seeing here is related to very exciting and large project that we're undertaking to replace the city's financial system and i'll talk through that in a moment. similarly, you see growth in ftes in the controller's office being driven by the project as well as we've summarized on this slide. >> mr. rosenfield, real quick, madam clerk, can you call item -- let me get these other items called up. call 7, 8 and 9 while you're up here as well. were you -- mr. rosenfiel

mr. rosenfield? >> so, very briefly, the charter requires the controller's office to comment on the reasonableness of the economic and tax revenue assumptions that's set under the proposed budget and we do that in a report we call the revenue letter which we have issued by 10 days ago. it's available on the website and you have a very briefly -- i'll very briefly talk through some of the highlights from that review ~. generally speaking we found the revenue estimates sitting under the mayor's proposed budget to be reasonable. they generally reflect strong but slow economic impacts revenue growth. i'll touch on a couple of key risk areas that we think we'll need [speaker not understood] in over the next couple of years, but they include generally speaking continuation of the economic recovery, the strength of our local commercial real estate sector, the phase-in of the city's new gross receipts tax. and then lastly state cuts as they relate to the affordable care act. just to give you a sense of what

mr. rosenfield. any questions, colleagues? anybody wish to comment in public comment? seeing none, public comment is closed. [gavel] >> can i have a motion to [speaker not understood]? >> [speaker not understood]. >> [speaker not understood] [gavel]. >> can i have a motion to rescind the motions to continue items 3, 4, 6 and 11? motion to rescind those votes? motion, take that without objection. [gavel] >> and then i'd like to, colleagues, entertain a motion to go into recess and in particular until wednesday morning in particular we're going to just note that we're going to hear items 1, 2, 3, 4, 6 and 11 on wednesday morning. so, can i have a motion to that effect? we can take that without opposition. [gavel] >> we are in recess. thank you. [recess] >> this coffee memory i remember having coffee with any grappled. in the old days myelogram ma get together >> i was six or seven i made a faces a good face. >> when i was younger i know it did something to my body. >> ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> i've been drinking coffee since i was 17 really the only thing i'm good at i was tryi

mr. rosenfield, any other color? >> just very briefly. so, the board does two things when you're approving a position budget. you're authorizing a certain positions for menu the department is authorized to hire. then you're choosing to fund a certain percentage of those. so, for example, the board could authorize 100 positions for a given department. we then view them in the budget acknowledge that given turn over and other changes in the department's operations, they likely won't need funding for all 100 in the year. you may only fund 97 of them. the difference between those two numbers is budgeted attrition saving. attrition saving isn't specifically earmarked for a specific position such that if you may have unexpected vacancies in one unit, you then can meet your attrition saving target and still afford others. i think what the public defender is saying here and what mr. -- disagreement with mr. rose falls is when you compare the public defender's current payroll and say how does that compare with the funded positions for next year, w