ben rosenfield, our controller, presenting. thank you, ben, and to your entire team for working tirelessly and countless hours on the health emergency pre-sponemergency responseand ko come. i want twe appreciate all you dr you being here today. mr. rosenfield, the floor is yours. >> thank you, mr. president. and for the kind words. earlier today our office, the boards, budget and legislative analysts and the mayor's budget office issued our updated projections of the current and upcoming current years calling this the joint report. it's available on our website at sfcontroler.org and we provided this to each member of the board is i'm happy to be here to present an overview of it and i know we will be at budget and finance committee tomorrow, talking through more of the details. so very quickly, i will walk through an outline of the presentation and talk through some of the high-level take aways from the report as we see it. generally, today in the presentation i'll talk both about economic impacts, the city is feeling in the c

ben rosenfield, our controller, presenting. thank you, ben, and to your entire team for working tirelessly and countless hours on the health emergency pre-sponemergency responseand ko come. i want twe appreciate all you dr you being here today. mr. rosenfield, the floor is yours. >> thank you, mr. president. and for the kind words. earlier today our office, the boards, budget and legislative analysts and the mayor's budget office issued our updated projections of the current and upcoming current years calling this the joint report. it's available on our website at sfcontroler.org and we provided this to each member of the board is i'm happy to be here to present an overview of it and i know we will be at budget and finance committee tomorrow, talking through more of the details. so very quickly, i will walk through an outline of the presentation and talk through some of the high-level take aways from the report as we see it. generally, today in the presentation i'll talk both about economic impacts, the city is feeling in the c

rosenfield, and then, a comment. i skipped over the $2 trillion package from the feds. do you have a sense of what that means to municipalities? >> i can let you know what i know as of this morning, and obviously, the mayor's office is tracking the senate bill as we speak, and it has not yet been reconciled with the bill at the house. it's something that we will know in the next couple of days as they come together. we are seeing significant relief from what we're talking about here. we do know that in the senate bill, for example, there's $150 billion for state and local government relief to offset the cost of health care response and other expenses that both the state and local governments are going to face in this emergency. we also know that there's very significant new allocations in the small business loans, in the grants in the bill,. $367 billion has been allocated in the bill. again, i think the details in the bill and how that will be administered, we've not seen that yet, but will expect to in the coming days. >> supervisor ronen: thank you. and i'm wondering

rosenfield in this meeting, on this meeting? >> i am. >> president yee: okay. mr. rosenfield? >> supervisor peskin, through the president, i think you're correct, supervisor peskin, in the line of questioning here, and it's a line of questioning we've gone through with the port. as a matter of law, the debt here being issued has no impact to the city. we've gone through our due diligence with the port so we think the likelihood of default is remote, so while it's without any risk, i think we're comfortable with it at this point. >> supervisor peskin: okay. and the city attorney agrees there's no recourse as a matter of law to the general fund of san francisco, madam deputy city attorney through the president? >> i'm sorry. i'm not -- i apologize. it's my understanding that mark blake, bond counsel, was going to be joining the meeting concerning the bonds. let me confirm if he has logged in. hold on one second. i'm going to advise -- or consult with mark before i comment on this call. >> clerk: mr. president, we can see who is on-line or on the call. we invited him, but he is n

ben rosenfield, controller. i think these funds would be drawn from the general fund. whether that would be the general fund or general fund reserves, that would have to be determined or made, but i think whatever other sources after that would be a general fund cost. >> chair fewer: and when will we know what that impact will be to the general fund, either? >> i think it would be sometime as it relates to this portion of the response in part because the fema and cal health reimbursement process are likely to unfold over the coming weeks and months, and it will be directly related to who occupies these rooms, and what percentage of rooms are occupied at a given moment on a given day, and then, how fema's advice evolves through this pandemic, so i think all of us can agree this will be a fluid financial impact for sometime. >> chair fewer: and then, supervisor ronen, in your legislation, i notice that this does not include patients that are at laguna honda, just a hot bed for outbreak across our nation, and that 100% of those residents are vulnerable. so i am wondering,

i would be happy to answer any questions you have and our know our controller, ben rosenfield is happy to answer questions. how about present y president y? >> given me a second here. >> thank you, mr. de elarosa. >> i'm looking at slide six in the date personnel the reimbursable. are these additional costs or are these just, basically, costs in which we're doing our job? >> so one of the reasons why we're capturing in the system, basically, everything that is covid related is so that we have a sense of the level of efforts city-wide and a part of the personnel costs that are not categorized as reimbursables are those that are the costs of furloughing someone, for example, or putting someone on leave and i think that there's other categories that are hitting those personal costs that are now reimbursable, as well, that are not specifically overtime and not specifically related to the response to the covid-19 pandemic. it could be another source to that's not fema reimbursable. >> thank you. >> thank you very much and any other questions or comments for mr. delarosa. i just have one que

so i believe today that we have the mayor's budget office and ben rosenfield, the controller. >> hi, chair fewer, this is kelly fitzpatrick. i have a very brief update. i am just using this time to provide you weekly kind of just new information as it becomes available related to what has been focused on as direct city spending versus the operations. you know, city staffing and supplies needed to meet the direct covid response. as well as any additional information that we have on state or federal resources to help us with covid-related expenses. so i have a very short presentation. i'm going to attempt to share my screen. i did practice, so hopefully this is working. can you see it now? >> supervisor fewer: yes. >> excellent. okay. so the city anticipates over the next month or two to expend about $500 millio $500,000 to $r staffing and operational needs for departments. this doesn't include the large initiatives that we have all been talking about related to alternative housing or largests. this is really the staffing for our d.o.c., sorry, department operation centers and e.o.c.s

with that, ben rosenfield from the controller's office. thank you. >> good morning, thank you for having us here today. this is certainly timely and so we look forward to not only talking through briefly some of the highlights from the six-month report which we published almost exactly a month ago. i'll talk through some of those updates and we'll provide you with updates we're seeing regarding events in the local economy here today and we can start talking here and elsewhere about what the financial implications are to the city. we've got a couple of updates coming just to let folks know what is coming after this. our office is working on tax revenue ranging and updates related to covid in the current fiscal year. we hope to have that complete next week. at least for initial range. and then all three financial offices, our office, the board's budget and legislative office and the mayor's budget office are updating our projections of the next four years. that will be complete tend of the month. flu on the six-month report we publicish each

so i believe today that we have the mayor's budget office and ben rosenfield, the controller. >> hi, chair fewer, this is kelly fitzpatrick. i have a very brief update. i am just using this time to provide you weekly kind of just new information as it becomes available related to what has been focused on as direct city spending versus the operations. you know, city staffing and supplies needed to meet the direct covid response. as well as any additional information that we have on state or federal resources to help us with covid-related expenses. so i have a very short presentation. i'm going to attempt to share my screen. i did practice, so hopefully this is working. can you see it now? >> supervisor fewer: yes. >> excellent. okay. so the city anticipates over the next month or two to expend about $500 millio $500,000 to $r staffing and operational needs for departments. this doesn't include the large initiatives that we have all been talking about related to alternative housing or largests. this is really the staffing for our d.o.c., sorry, department operation centers and e.o.c.s

i would be happy to answer any questions you have and our know our controller, ben rosenfield is happy to answer questions. how about present y president y? >> given me a second here. >> thank you, mr. de elarosa. >> i'm looking at slide six in the date personnel the reimbursable. are these additional costs or are these just, basically, costs in which we're doing our job? >> so one of the reasons why we're capturing in the system, basically, everything that is covid related is so that we have a sense of the level of efforts city-wide and a part of the personnel costs that are not categorized as reimbursables are those that are the costs of furloughing someone, for example, or putting someone on leave and i think that there's other categories that are hitting those personal costs that are now reimbursable, as well, that are not specifically overtime and not specifically related to the response to the covid-19 pandemic. it could be another source to that's not fema reimbursable. >> thank you. >> thank you very much and any other questions or comments for mr. delarosa. i just have one que

rosenfield to review the slides and we have the mayor's budget director to discuss the existing reliever and changing to the process anything she can share regarding the city spending and the covid-19 impact on spending. a couple of things to note prior to the presentation. these are unprecedented times. last year san francisco had the largest budget ever at $12.9 billion with a growing budget and demand and set of challenging decisions. with those decisions were about which new priority the board wanted to invest in. this year unfortunately this will be my last year as you cant chair and supervisor, a hard one to end on. it will be difficult. as a city we will have a hard and perhaps painful decision how to prioritize services and ensure we are providing critical support to residents and small businesses. because of these entirely new circumstances, my office in the next week will release budget principals to guide work and make sure we are all on the same page moving forward. toward the end of today's meeting i would like to hear from you what issues you think the budget and appropriat

rosenfield in this meeting, on this meeting? >> i am. >> president yee: okay. mr. rosenfield? >> supervisor peskin, through the president, i think you're correct, supervisor peskin, in the line of questioning here, and it's a line of questioning we've gone through with the port. as a matter of law, the debt here being issued has no impact to the city. we've gone through our due diligence with the port so we think the likelihood of default is remote, so while it's without any risk, i think we're comfortable with it at this point. >> supervisor peskin: okay. and the city attorney agrees there's no recourse as a matter of law to the general fund of san francisco, madam deputy city attorney through the president? >> i'm sorry. i'm not -- i apologize. it's my understanding that mark blake, bond counsel, was going to be joining the meeting concerning the bonds. let me confirm if he has logged in. hold on one second. i'm going to advise -- or consult with mark before i comment on this call. >> clerk: mr. president, we can see who is on-line or on the call. we invited him, but he is n

rosenfield to review the slides and we have the mayor's budget director to discuss the existing reliever and changing to the process anything she can share regarding the city spending and the covid-19 impact on spending. a couple of things to note prior to the presentation. these are unprecedented times. last year san francisco had the largest budget ever at $12.9 billion with a growing budget and demand and set of challenging decisions. with those decisions were about which new priority the board wanted to invest in. this year unfortunately this will be my last year as you cant chair and supervisor, a hard one to end on. it will be difficult. as a city we will have a hard and perhaps painful decision how to prioritize services and ensure we are providing critical support to residents and small businesses. because of these entirely new circumstances, my office in the next week will release budget principals to guide work and make sure we are all on the same page moving forward. toward the end of today's meeting i would like to hear from you what issues you think the budget and appropriat

rosenfield to review the slides and we have the mayor's budget director to discuss the existing reliever and changing to the process anything she can share regarding the city spending and the covid-19 impact on spending. a couple of things to note prior to the presentation. these are unprecedented times. last year san francisco had the largest budget ever at $12.9 billion with a growing budget and demand and set of challenging decisions. with those decisions were about which new priority the board wanted to invest in. this year unfortunately this will be my last year as you cant chair and supervisor, a hard one to end on. it will be difficult. as a city we will have a hard and perhaps painful decision how to prioritize services and ensure we are providing critical support to residents and small businesses. because of these entirely new circumstances, my office in the next week will release budget principals to guide work and make sure we are all on the same page moving forward. toward the end of today's meeting i would like to hear from you what issues you think the budget and appropriat

so i believe today that we have the mayor's budget office and ben rosenfield, the controller. >> hi,ir fewer, this is kelly fitzpatrick. i have a very brief update. i am just using this time to provide you weekly kind of just new information as it becomes available related to what has been focused on as direct city spending versus the operations. you know, city staffing and supplies needed to meet the direct covid response. as well as any additional information that we have on state or federal resources to help us with covid-related expenses. so i have a very short presentation. i'm going to attempt to share my screen. i did practice, so hopefully this is working. can you see it now? >> supervisor fewer: yes. >> excellent. okay. so the city anticipates over the next month or two to expend about $500 millio $500,000 to $r staffing and operational needs for departments. this doesn't include the large initiatives that we have all been talking about related to alternative housing or largests. this is really the staffing for our d.o.c., sorry, department operation centers and e.o.c.s as w

ben rosenfield, controller. i think these funds would be drawn from the general fund. whether that would be the general fund or general fund reserves, that would have to be determined or made, but i think whatever other sources after that would be a general fund cost. >> chair fewer: and when will we know what that impact will be to the general fund, either? >> i think it would be sometime as it relates to this portion of the response in part because the fema and cal health reimbursement process are likely to unfold over the coming weeks and months, and it will be directly related to who occupies these rooms, and what percentage of rooms are occupied at a given moment on a given day, and then, how fema's advice evolves through this pandemic, so i think all of us can agree this will be a fluid financial impact for sometime. >> chair fewer: and then, supervisor ronen, in your legislation, i notice that this does not include patients that are at laguna honda, just a hot bed for outbreak across our nation, and that 100% of those residents are vulnerable. so i am wondering,

rosenfield to review the slides and we have the mayor's budget director to discuss the existing reliever and changing to the process anything she can share regarding the city spending and the covid-19 impact on spending. a couple of things to note prior to the presentation. these are unprecedented times. last year san francisco had the largest budget ever at $12.9 billion with a growing budget and demand and set of challenging decisions. with those decisions were about which new priority the board wanted to invest in. this year unfortunately this will be my last year as you cant chair and supervisor, a hard one to end on. it will be difficult. as a city we will have a hard and perhaps painful decision how to prioritize services and ensure we are providing critical support to residents and small businesses. because of these entirely new circumstances, my office in the next week will release budget principals to guide work and make sure we are all on the same page moving forward. toward the end of today's meeting i would like to hear from you what issues you think the budget and appropriat

rosenfield to review the slides and we have the mayor's budget director to discuss the existing relieverand changing to the process anything she can share regarding the city spending and the covid-19 impact on spending. a couple of things to note prior to the presentation. these are unprecedented times. last year san francisco had the largest budget ever at $12.9 billion with a growing budget and demand and set of challenging decisions. with those decisions were about which new priority the board wanted to invest in. this year unfortunately this will be my last year as you cant chair and supervisor, a hard one to end on. it will be difficult. as a city we will have a hard and perhaps painful decision how to prioritize services and ensure we are providing critical support to residents and small businesses. because of these entirely new circumstances, my office in the next week will release budget principals to guide work and make sure we are all on the same page moving forward. toward the end of today's meeting i would like to hear from you what issues you think the budget and appropriati