in march we saw the highest fare month of the fiscal year. we also saw the highest parking and fee month for the fiscal year. so we started adjusting slightly the revenue estimates up. what that means is that also means that we anticipate using less of the federal relief this fiscal year. and it points to more positive signs. i think we're optimistic that fare and fee revenue have increased recently. and you'll have to see data, but that is on the next slide. just in terms of the more recent trends. >> so here we wanted to show a deeper drive into the fare revenues. the march data surprised us. on the ridership and the fare revenues, cash fares were up just over -- i want to that i they were up about 20%, which kind of surprised us. that could be due to the warm weather. it could be due to a lot more people getting vaccinated and moving around the city, about you this is a very positive trend for us. -- but this is a positive tend for us. this amount beat our last peak month. you recall when we said peak month, that's the maximum amount of rev

covered us in the first quarter of the fiscal year. h.r. 133 will cover us on the back end of the fiscal year and close that deficit. we did start to decline further. our fare revenue for transit, what we were doing is after the period of announcing that we would essentially be looking towards fare compliance around the end of 2020, we wanted to give it a little bit of a period of time before making a change further to transit fare revenues. in this month, we really want to make sure we right size everything, and during the presentation on central subway, we want to talk about fiscal year 22 with a clean slate. we want to make sure all of our obligations and our costs and losses are accounted for in fiscal year 21, so we can talk about how we restore programs and services in 2022. so after looking at our financials, we don't think we're going to do better in transit fare revenue than 1.5 million. it has been flat for several months. julie has noted that ridership has been increasing, but we believe that's people that are absolutely tran

the hardest thing to do. however, as we begin crafting fiscal year 2022 legislative branch bill, we must do so in light of the unprecedented fiscal situation in which we find ourselves. in the short time since i have been here, true challenge of covid, structural, trillion dollar deference that we contend with every year that are soon to become one point $5 trillion, have to be kept in perspective. unsustainable debt levels, interest payments and spending habits have negative effects across the entire government. they crowd out critical investments and priority areas for all members. coming from a school board and state government but mostly running a business for 37 years, we have got to start keeping in mind for future generations, because this is the federal government and we don't have a balanced budget amendment, that we have got be a better steward of our country's resources. because it would be derelict not to do so for future generations. as appropriators, we have a duty to make responsible investments that take those considerations into account. chairman read and i will work together in the long-stan

we are able to apply to the cost for next fiscal year, so that reduced our expected costs to respond to covid in the next fiscal year. as i mentioned previously, our employee pension fund has been performing exceptionally well and better than expected, and as a result we're able to annualize those returns and reduce our employer costs to employee pension. >> you're welcome. >> as a result of this large one-time funding from the federal stimulus, we were able to make some reductions to our assumed use of reserves in fiscal 23. we had previously assumed that we would use about $188 million of reserves in the second year of this upcoming budget, and so we have been able to pull that back, and then there were just a number of other miscellaneous revenue and expenditure changes that went into the update. so this is an update of that big table i showed you earlier. it looks a lot different. as you can see, we had -- as a result of all of those changes i walked you through about a $630 million improvement compared to where we expected to be in december, so our projected shortfall for the up

though those might be assessed in the new year, they won't be collected until the end of the fiscal year. it's also important to note and we just heard an agenda item about venue recovery that the legislation knowledges that performing artists and artists, arts and culture folks are very much part of our economy and has a role to play in economic and social and psychological recovery that we're all going to be embarking on here. a lot of the provisions for the music permit which were created during covid shared spaces will be carried forward. we're also going to allow for among a short-term temporary basis arts culture and entertainment activities to become a primary use rather than just accessory to some other commercial activity like dining or retail. so we also know that as our economy picks back up, stores and restaurants re-open. there are more people moving about in our city of hopefully. transit service that was suspended during covid will revise. this means the function of our streets and the demands on our streets will continue to evolve and increase. so this also looks like reb

they're advancing it to the current fiscal year. fiscal year 2021. this additional funds allows us to support the work plan, move it forward, accelerate it and achieve the new start for august 2023. the sfmta board approved the advanced allocation at their board meetings march 9 and then again march 23rd. so we bring this request to you to advance the funding to provide in the budget so we can move the project forward. i'll take any questions if you have them. >> chair gee: thank you. looks like director shaw? >> d. shaw: thank you. i may have missed this -- thank you. i may have missed this. my only question is, i know this is speed up because we changed the schedule. just my general question is, does the overall funding stay the same and the budget stay the same, so it's just a matter of moving money from one phase to another? >> the allocation was 11 million and it spanned three conviction years, 20, 21, and 22. so the overall allocation stays the same. it takes dollars from 22 and moves it into 21 so we can work sooner. >> and i just didn't -- cou

. >> presentation from the city services auditor regarding the whistle blower program. fiscal year 2021, quarter 2 report. liaison report on the program and possible action by the committee response to such presentation and report. whom shall i make presenter? >> i'll take them. >> mark de la rosa again. i am joined by dave jensen, our lead manager for whistleblower program. we'll provide a quick overview of some of the activities and initiatives that we have been working on highlighting some of the new information since we last reported before the committee in december 2020. >> thank you for this opportunity to present before you. here today to give you a quick update on some of the program's recent activities and initiatives. we'll go on to the next slide please. the authority to derive from city and state law. i think most of you have seen this. we'll move on to the next slide. the whistleblower program is aprized under the city and county law and state law, excuse me, to investigate or attempt to resolve complaints concerning the misuse of city funds, allegation of -- and waste

by the end of the next fiscal year. 63,500 is meant to be a down payment on that. and he will absolutely be putting out a cap, an increased cap over the course in advance of may 15. he would absolutely like to get to that goal and reach that objective. but we also want to assess. that's what we are doing now. what is possible given the fact that the office of refugee resettlement has been hollowed out and given the fact the system has been in worse shape. we are taking the time to do that. that goal is always aspirational. it was always a huge goal. 10 times what the trump administration had welcomed in terms of refugees. we are going to put out a number. he will put out a number in advance of may 15. reporter: you say aspirational. clearly you thought it was possible given the straight told congress about it. the -- discriminate -- secretary of state told congress about it. it gives people false hope you are going to give in 62,500 refugees by the end of september. jen: it's important for people to understand. the challenge is not the cap. the challenge is the abil

they're advancing it to the current fiscal year. fiscal year 2021. this additional funds allows us to support the work plan, move it forward, accelerate it and achieve the new start for august 2023. the sfmta board approved the advanced allocation at their board meetings march 9 and then again march 23rd. so we bring this request to you to advance the funding to provide in the budget so we can move the project forward. i'll take any questions if you have them. >> chair gee: thank you. looks like director shaw? >> d. shaw: thank you. i may have missed this -- thank you. i may have missed this. my only question is, i know this is speed up because we changed the schedule. just my general question is, does the overall funding stay the same and the budget stay the same, so it's just a matter of moving money from one phase to another? >> the allocation was 11 million and it spanned three conviction years, 20, 21, and 22. so the overall allocation stays the same. it takes dollars from 22 and moves it into 21 so we can work sooner. >> and i just didn't -- cou

released late last week was what you called the discretionary spending request for 2022, the upcoming fiscal year that begins on october 1st. discretionary spending only makes up about a third of the total federal budget. this is funding for all of the federal agencies, non-defense programs, in addition to the pentagon. this does not encompass the full federal budget. it's about $1.5 trillion, this spending request. in addition, you have mandatory spending on things like medicare and social security. tax proposals. all of that is forthcoming. but right now, the white house released this so that congressional appropriators can get working on it. >> when was the last time domestic spending has been increased on this level? or has it been in the past? >> this is a huge increase. the president's budget is essentially a proposal, it's what the white house wants to see. and in a lot of ways, it's a messaging document. people call it a wish list, and there's this phrase, the president proposes and congress disposes. but president biden is saying he wants major increases to non-defense programs. health,

the epa received 9.34 billion in roughly the last year for the standard fiscal year appropriations asell as the supplemental funding. included in the supplemental funding 100 million appropriated to the epa under the recent budget reconciliation bill of the money appropriated to the epa through the reconciliation. are you able to tell us today that that hundred million dollars has been spent and if so, what about the funds? >> i know that request came in and i haven't been briefed on that yet, but we can get you those details. >> okay. thank you. i also want to switch gears a little bit on a matter that's important in my home state of washington. and that's cleaning up. i want to raise this issue with you this morning, administrator regan. i think we all agree that generally speaking it is better to limit pollution at the source, rather than continuing to try to clean up efforts post pollution. and i think that we agree the deployment, i hope that we would agree that carbon free renewable, reliable electric generation like hydropower is very important. we continue to have a lot of wor

though those might be assessed in the new year, they won't be collected until the end of the fiscal year's also important to note and we just heard an agenda item about venue recovery that the legislation knowledges that performing artists and artists, arts and culture folks are very much part of our economy and has a role to play in economic and social and psychological recovery that we're all going to be embarking on here. a lot of the provisions for the music permit which were created during covid shared spaces will be carried forward. we're also going to allow for among a short-term temporary basis arts culture and entertainment activities to become a primary use rather than just accessory to some other commercial activity like dining or retail. so we also know that as our economy picks back up, stores and restaurants re-open. there are more people moving about in our city of hopefully. transit service that was suspended during covid will revise. this means the function of our streets and the demands on our streets will continue to evolve and increase. so this also looks like rebalan

feel like a broken record, my apologies, but i plan to commit staff time to do it in the first quarter of next fiscal year. and i feel confident that we'll have it under way during the first half of the next fiscal year. and i'll work with your liaison on the scope, schedule, and budget for that. and then, finally, liaison assignments, i'll pause there because chair mccue has been in contact with your new members on this subject, and she has a more recent update than i would. >> i have reached out to some members individually, but i want to circle the whole group to see if anyone is interested in changing any of their reports or taking on additional or becoming co-liaison with anyone else if you find any of these interesting after you took your original post. but judy -- welcome, judy -- has offered to take capital plan and help and homelessness, and jane has offered to temporarily take the 2019 housing bond, since that goes with her other liaison assignments. jane, do you think that needs a co-liaison? is there anyone else interested in that as well? >> i don't think it hurts to have a co-liaison this be

and we are really looking forward to hearing your thoughts on the fiscal year 2022 budget request for the department of interior and initiatives the president introduced. i want to mention that joining the secretary is rachel taylor, principle deputy assistant of mant and budget. just to note, she was the senate appropriations clerk for the interior sub committee and. we think it was an excellent move that interior appointed her to this important position. thank you so much and welcome, rachel. today's hearing will focus on the president's fiscal year 2022 budget request for the president of the interior. as we all know, the administration is still developing the full request. this budget blueprint makes it clear that president biden is committed to a long overdue investment in being good stewards of our planet and fighting the climate crisis. i'm very encouraged about what's outlined. specifically the return of science as the foundation for decision making, the focus on climate change, and maintaining healthy eco systems through the lens of environmental justice. i'm also heartened b

a 242% increase in this particular sector at this point in the fiscal year compared to the last fiscalf course, the last fiscal year did also include the beginning of the covid-19 pandemic. also as part of this, and you mentioned this, you've got a 20-year high in unaccompanied minor if apprehensions, 19,000 in march alone. texas officials say that they are now dealing with accusations and complaints of possible sexual assault. department of health and human services is now commenting on this. they're running a lot of these facilities. hhs says, quote: hhs has a zero tolerance policy for all forms of sexual abuse, sexual harassment and inappropriate sexual behavior at all uc care provider facilities. we will continue investigating any incidents affecting children's health, well-being and safety and will take the proper measures. all of this while you've had several congressional delegations, lawmakers coming down here touring the border, looking at these facilities. and on top of that now, a number of republicans are saying that these issues need to be resolved. >> there is an emergenc

recommend acceptance of the audit report for the fiscal year ended june 30, 2020. this is an action item. >> thank you. i will turn it over to carmen and cynthia. >> good morning, commissioner. transportation authority. the financial records to be audited annually by the certified public accounting firm. it is a clean audit with no finding or recommendation for improvement. it was in according with generally accepted audat this timing standards. applicable to financial audit in the government standards. it did not exceed the amount in the budget and any unspent budget will be in the amendment presented for approval next month. i am happy to take any questions. >> thank you. i had one question. on page 8 the chart shows acrevenue $1.3 million lower than expected. can you elaborate on that? >> so there is a -- let me see. rachel, do you mind helping me out on that project? i believe we delayed to the policy adoption. there is an expenditure we expect to catch up when it is approved by the board. >> you are muted, rachel. >> rachel hyatt. >> if turndown your volume. >>

the 2021 congressional "pig book" has 281 earmarks an increase of or% from 2020 and cause 16.80 yen dollars for 5.7% more than a $15.9 billion in fiscal year 2020. the cost of fiscal year 2021 earmarks is higher than the $16.5 billion in year 2020 -- 2010 excuse me the last report we earmarks moratorium would set. the house appropriations committee chair said to patrick leahy we reach their agreement citizens against government waste made them both -- for march 2021. while they have agreed to go along with this plan senate republicans have yet to undo their ban on earmarks. .. and each member may request up to ten earmarks but they may not get them all which is no surprise. the projects must be on an online database. they cannot go to for-profit entities. and members must certified neither they, their family nor anyone else has a financial interest in the process. there is no unmaking the contribution exchange for earmarks. chair ate it clear only a handful of the members request will be granted. that means once again most of the earmarks will go to the members of the appropriations committee and congressional leadership. in fiscal years 2

if we are at 7.4, we maintain that and we maintain 21.8% return for the complete fiscal year we would be 104% funded on market value which would meet the first hurdle for pre-96 folks for supplemental cola. if the board approved 7.4, based on 21.8% fiscal year return, the fund would still be pat 101% funded market value again triggering opening the door for supplemental cola to the pre-1996 folks as long as we had excess earnings to pay the supplemental cola benefits. >> we did not hear a figure for 7.3? >> no, i did not. >> it must be between 101 and 104%, i would assume. >> it is 102. the only thing i want to clarify. those are still projections. all we have done is plug in the return and there are cash flows in and out we are using assumed cash flows and the assumed changes in the liability. those normally don't affect things significantly, but these numbers are still a projection, not absolutely precise. >> commissioner, have you completed your questions? >> yes, at this time. i might have a couple more in follow-up. >> commissioner stansberry. >> i want to talk about those people

if we are at 7.4, we maintain that and we maintain 21.8% return for the complete fiscal year we would be 104% funded on market value which would meet the first hurdle for pre-96 folks for supplemental cola. if the board approved 7.4, based on 21.8% fiscal year return, the fund would still be pat 101% funded market value again triggering opening the door for supplemental cola to the pre-1996 folks as long as we had excess earnings to pay the supplemental cola benefits. >> we did not hear a figure for 7.3? >> no, i did not. >> it must be between 101 and 104%, i would assume. >> it is 102. the only thing i want to clarify. those are still projections. all we have done is plug in the return and there are cash flows in and out we are using assumed cash flows and the assumed changes in the liability. those normally don't affect things significantly, but these numbers are still a projection, not absolutely precise. >> commissioner, have you completed your questions? >> yes, at this time. i might have a couple more in follow-up. >> commissioner stansberry. >> i want to talk about those people

the interest on the public debt this year we know will be over 90 billion and unless we change the proposed spending for the fiscal year beginning october 1st. we'll add another almost 80 billion dollars to the debt. adding to our troubles is a mass of regulations imposed on the shopkeeper the farmer the craftsman professionals and major industry that is estimated to add 100 billion dollars to the price of the things we buy. and it reduces our ability to produce. the rate of increase in american productivity once one of the highest in the world is among the lowest of all major industrial nations indeed. it is actually declined in the last three years. now i've painted a pretty grim picture, but i think painted it accurately. it is within our power to change this picture and we can act with hope. there's nothing wrong with our internal strengths. there has been no breakdown of the human technological and natural resources upon which the economy is built. based on this confidence in a system which has never failed us. but which we have failed through a lack of confidence and sometimes through a belief that we could

year. that's what i was referring to not the current fiscal year we were making the existing programs whole but more the upcoming fiscal year monies we added in addition to that. that's what i was more focussed on and wanted to put that out there to work with your office specifically. >> we'll continue to work to make sure year all understanding from the same place. my understanding is there's money to set aside for next year to shore up any additional potential revenue losses. but nothing we expect to be be above and beyond the existing is it -- $12 million. in addition, if revenues come in less strong the question is will there be appetite to back fill? we have a few pieces to iron out but understand your intent to make sure we support our arts organization. 3-1-1 has had a high volume of calls especially around covid. so many questions have come in around health and there's a lot of conversation how it is 3-1-1 can help augment and help with non-mortgage -- non-emergency calls and there's talk how to have a high pick up rate when people call in. your question on how items have been close

year. that's what i was referring to not the current fiscal year we were making the existing programs whole but more the upcoming fiscal year monies we added in addition to that. that's what i was more focussed on and wanted to put that out there to work with your office specifically. >> we'll continue to work to make sure year all understanding from the same place. my understanding is there's money to set aside for next year to shore up any additional potential revenue losses. but nothing we expect to be be above and beyond the existing is it -- $12 million. in addition, if revenues come in less strong the question is will there be appetite to back fill? we have a few pieces to iron out but understand your intent to make sure we support our arts organization. 3-1-1 has had a high volume of calls especially around covid. so many questions have come in around health and there's a lot of conversation how it is 3-1-1 can help augment and help with non-mortgage -- non-emergency calls and there's talk how to have a high pick up rate when people call in. your question on how items have been close

with respect to the fiscal year 2022 budget. we would expect that the full budget request, when it's delivered by the president would include the detailed information on projects and where they will be. and then, at that point we're happy to engage the subcommittee and have further discussions on how they'll go-- will be implemented as part of the full year. >> well, thank you. i appreciate that response. as you know, a lot of people look at the great american outdoors act as just funding lwcf on a full funding of it. one of the important aspects of it to me is addressing the backlog that we had in our national parks. everybody that's been to our national parks knows that we love them to death and they're facing backlog of maintenance in these national parks and we need to do a better job as this pandemic has hit more and more people are discovering america, where they're not travelling abroad, so forth. i think you're going to see vast increases in the numbers that go to our national parks. as i understand it, rv's are the numbe

rolling in and you look back and say wait a minute they generated over $3 billion in cash in the fiscal yeard expected to generate more than $3 billion this fiscal year and the numbers begin to multiply again quickly as much as $15 billion in free cash flow and then you look at the stock and say that more than 45% since they took over, speaking of the market of ten points. and i think you say it's pretty darn good first year report card for financial stress test. >> i'm wondering what does disney have over netflix it seems like natural competitors at this point. >> a hundred million subscribers in disney+ streaming in a year end a half it took netflix a decade to reach that number. these companies are on a collision course in terms of number of subscribers disney won't say that we think our success in absolute terms not relative terms but by my math sometime over the next few years disney will have more streaming subscribers than netflix. the key here netflix, i don't have netflix kids toothpaste in the upstairs bathroom, disney has an ability to take his property and spread over businesses

we are able to apply to the cost for next fiscal year, so that reduced our expected costs to respond to covid in the next fiscal year. as i mentioned previously, our employee pension fund has been performing exceptionally well and better than expected, and as a result we're able to annualize those returns and reduce our employer costs to employee pension. >> you're welcome. >> as a result of this large one-time funding from the federal stimulus, we were able to make some reductions to our assumed use of reserves in fiscal 23. we had previously assumed that we would use about $188 million of reserves in the second year of this upcoming budget, and so we have been able to pull that back, and then there were just a number of other miscellaneous revenue and expenditure changes that went into the update. so this is an update of that big table i showed you earlier. it looks a lot different. as you can see, we had -- as a result of all of those changes i walked you through about a $630 million improvement compared to where we expected to be in december, so our projected shortfall for the up

year . the president announced that and he announced we want a down payment on that. 62.5 thousand by the end of this fiscal year. a couple things have happened in the last several weeks and some of that was happening deep in the policy wells and sometimes it takes time for that to be communicated more broadly within the administration including the fact that the impact on rr, office of refugee resettlement having a course delivering on a decision the president made to treat children as they come across the border humanely and ensure they are treated in a safe manner as a way on the system including the office of refugee resettlement, including personnel and includingfunding . that is a factor but some of that decision-making is happening and people at the office of refugee resettlement in ways that maybe i wasn't communicated to about it at that time it happened over the last couple of weeks. in that time i should say this month so just this month so since i made those comments, hhs transferred 850 million from the public health and social services emergency fund and 287 million from other departmental acc

this is the portion they'll be getting in the upcoming fiscal year. shipyard phase 2, we have leases with the navy that we have leases with the artist who has existed on this property since the '70s. we paid them out to the navy. that's the category of asset management. we have two very old grants that are being used for building improvements now. building 101 is up in the shipyard. that building is very old. it needs lot of improvements. we have contracted out with public works to manage several of these improvements. finally, we tend to contract out to park managers to manage shipyard phase 1. unlike the other projects, our project is the primary source of funds. we don't have lot of tax increment. we haven't gone out to bonds for phase 2. the majority of the work that staff does as well as contractors are reimbursed through the developer. this consist of staff, legal services as well as the infrastructure. those are largely the city agencies we work with to approve infrastructure. the other professional services consist of consultants that we have t

the fuel break and invest an historic amount of money in preparation of this year's fire season. >> the state can start spending the money now with his signature instead of waiting to the start of the fiscal year in july. >>> we had a dry winter and april we are not doing much better. >> we had that abnormally dry rainy season and april and early may are the transition between the rainy season and the complete dry season. we might pick up some much needed rainfall in april but hasn't happened this year with zero rainfall in downtown san francisco. i picked san francisco because it has the longest record of data dating back to the 1850s. only three times and this is the third if we get through the rest of april without any rain has april been completely dry. a trace of rainfall is not measurable but a little bit fell in 1949. i will put an asterisk by 2021 because we are only 13 days into april. but 6-10 day outlook shows a significant chance of below average precipitation for much of the western united states. we are at that time of the year when below average essentially means zero. the same in the a- 14 day outlook which will take us all the way through the end of april. some long race

with respect to the fiscal year 2022 project, we would expect of the fiscal request delivered by the president would include detailed information on the project and where they will be. at that point, we are happy to engage the subcommittee. and have further discussions on how the bill will be implemented as part of fiscal year 22 appropriations process. thank you. >> thank you. i appreciate that response. as you know, a lot of people look at the great american outdoors act as just funding lwcf on a funding basis but one of the -- -- the backlog that we have in our international parks. everyone who goes to our national parks knows that we love them to death and they are facing some backlog in maintenance, we need to do a better job, as this pandemic has hit more and more people are discovering america, where they're not traveling abroad and so forth and i think that you are going to see vast increases of people that go to our national parks. as i understand, -- our number one selling item in terms of vehicles be because people have decided that they want to see america again. that wil

for there to be reconciliation now, it would have to be by the end of the fiscal year. considering what you said, the only redline is inaction, so is there going to be a deadline for congress to move on the job's plan, would you like to see a by the end of the calendar year or fiscal year? ms. psaki: he would like to see progress by may and a package through by the summer. reporter: and on afghanistan, we are getting close to the main 1 -- may 1 deadline to bring home troops. it does not look like they are going to reset the deadline. at this point, should the american people have confidence in your ability to finally end this war? ms. psaki: it was not a deadline that we set, but the president, this president, has conveyed it would be difficult to meet the timeline operationally, of getting all those troops out by may 1. he has consistently over the last decade spoken out about his concerns about the war, and that has been his view consistently, even when he was vice president, so that should give people confidence about his commitments. but it is also an important deci