. >> once again, our chief financial officer, reeta matavan. >> thank you, superintendent. the requested action is the board approve the local update to the accounting plan for the san francisco unified school district covering fick will year 18-19 through fiscal year 20-21 subject to annual updates. >> thank you. i don't have speakers on this particular item. any comments from the board or the superintendent? all right. seeing none, roll call vote, please. >> clerk: thank you. [roll call] >> clerk: six ayes. >> thank you. item 9 is the superintendent's proposal 186-12 fp 2 fiscal year 2018-19 recommended budget was moved and seconded on june 12 and heard as a committee of the whole on june 19. a report from the cau meeting was already heard, and the superintendent's representative, reeta matavan is here to read this into the record. >> thank you, president mendoza-mcdonnell. the action is that the superintendent's recommended budget fore the san francisco unified school district and the san francisco county office of education be submitted and the budget for fiscal year 20

. >> reading this into the record will be our chief financial officer, reeta matavan. >> thank you, mr. superintendent. the requested action that the san francisco unified school district and the san francisco county office of education approved the attached substantiation for the need to maintain budget reserves for the 2018-2019 and the two years that are greater than the state required for two years for economic uncertainty. >> thank you. i have one speaker on this item. miss solomon. >> thank you, president m mendoza-mcdonnell. susan solomon, uesf. this is a topic i'm looking forward to have the public forum on because when we as a union are in negotiation with the district, one of the things that becomes a difficult point at the bargaining table is why the reserves are typically higher than the mandated reserve because what we often see, unfortunately, is a crisis such as the affordability crisis and the housing crisis, and it makes us wonder when we're at the bargaining table what the money is being held in reserve for when it seems like an emergency. it sounds like that -- this