. >> so the staff presenting will be myong lee, and he'll be joined by reeta marva. >> we love our peanut gallery colleagues, so we're going to try to spice it up for them. thank you, commissioners. we know you had a lot of presentations and a long meeting, but we did see this as an important topic to cover night. our chief facilities officer and i are going to try to team up. >> financial. >> sorry. chief financial officer. my mistake. so she will take the first half of the presentation, and then, i will finish up, and the topics we are going to cover are a little background about our revenue sources, we're going to talk about allocation of property taxes, the educational revenue augment fund or eraf, and then a little bit about what basic aid districts are. so with that, miss maravan. [inaudible] >> one more time. okay. you missed my humor, but that's all right. okay. so as myong mentioned, just to set the context and framing for our discussion and understanding of what eraf is, we just wanted to go through very briefly, for those commissioners who have been around for more than five ye