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From YouTube: City Treasurer Intern Program 2011 Part 1
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A
I
wander
Brown
and
this
acidic
treasures
to
an
intern
program.
This
is
the
first
day
of
the
program
August,
the
25th.
It's
a
five
year
program
and
I'd
like
to
introduce
you
down
mr.
Marko
tan,
who
is
my
administrative
assistant,
and
he
will
give
us
a
brief
overview
as
to
what
some
of
his
duties
are.
B
Hi,
my
name
is
Marco
10
and
I'm.
The
assistant
to
the
city,
treasurer
of
the
city
of
inglewood,
on
my
main
function
here
or
my
duties
and
responsibilities,
are
financial
analysis.
Reporting
also
do
a
lot
of
compilation
relating
to
investment
traits
as
well
as
a
lot
of
secretarial
works,
relates
to
word
processing,
as
well
as
research
work
that
relates
to
US
economy.
So
I
would
like
to
welcome
everyone.
A
D
F
C
A
Is
my
office?
This
is
why
I
work
as
you
can
see,
have
piles
of
work
on
my
desk
and
primarily
what
I
do
is
I.
Do
all
of
the
investing
on
behalf
of
the
city
I've
over
a
bit,
I've
invested
over
thirty
three
hundred
million
dollars
on
behalf
of
the
city
and
have
generated
more
than
seventy
four
million
dollars
of
those
investment
interest
income
and
have
never
lost
a
single
dollar.
A
So
this
is
the
main
office
here
we
just
came
from
the
from
the
conference
room
and
the
next
office
is
the
copy
room
where
you
all
will
be
copying
for
the
you
know
for
my
uncles
and
I
also
receive
all
of
them.
The
very
effects
is
from
the
from
they
are
various
brokers
that
receive
right
here,
also
as
well
as
on
my
pc,
so
that
this
is
where
I
really
work
is
where
I
am
every
day
and
now
we've
got
to
go
on
up
to
the
knife
floor
and
we're
going
to
have
another
brief
introduction.
K
A
H
J
F
A
All
right
welcome
to
the
city
treasurer
student
intern
program.
This
is
about
the
seven
year
now
we
have
done
this
program
and
I
certainly
want
to
welcome
all
of
us
that
if
students
here
and
they're
going
to
go
around
introduce
themselves
in
just
a
moment
and
I'm
Wanda,
Brown
and
I'm,
the
city
treasurer
of
Inglewood
I've
served
as
treasurer
now
for
24
years.
So
it's
been
a
very
interesting
light
of
work
for
me
and
just
give
you
a
little
bit
of
my
background.
A
My
background
is
primarily
that
an
accounting
so
I
have
a
bachelor's
degree
and
master's
degree
in
accounting,
as
well
as
three
years
towards
a
PhD
all
in
in
the
field
of
accounting
from
the
school
of
you
see,
L
a
ok
when
you're
going
on
UCLA
all
right.
Ok
I
felt
something
good
about
that
guy
when
he
came
into
my
office.
So
anyhow,
so
that's
my
field
and
it's
been
a
very
interesting
field.
I've
done
a
lot
of
things
with
it.
A
I
first
started
out
as
far
as
work
with
a
CPA
firm,
certified
public
accounting,
firm
and
I've
worked
in
that
field
for
several
years
and
after
that,
I
decided
I
wanted
to
do
some
little
difference.
I
went
into
banking,
so
I
worked
in
the
banking
industry
for
a
little
while
and
really
didn't
like
that,
one
that
much,
but
it
was
interesting.
I
learned
a
lot
and
after
that
was
so
where
to
go
to
teaching.
A
So
I
taught
at
the
university
level
for
about
seven
years
in
our
cal
state
university
system
and
also
our
UCLA
UCLA
Extension
system.
I
taught
there
for
about
about
seven
or
eight
years,
and
after
that
you
know
it's
that
one
do
something
different,
so
I
decided
with
the
public
office
and
my
back
was
good
and
if
my
back
was
better
than
the
person
who
currently
held
the
office
some
24
years
ago,
so
I
ran
for
the
office,
not
city
treasurer,
which
of
you,
you
think
my
water
run
for
public
office,
maybe
later
on.
A
Anybody
have
any
interesting
ran
for
public
office
outstanding.
What
office
you
think
you
might
want
to
run
for
it
can
really
thought
in
inglewood,
so
put
what
offi-
counselor
may
be
the
treasurer
on
the
idea.
Ok,
ok,
here's!
My
opposition
right
here
in
Michael
I,
said
I'm
that
I'm
training,
ok
well,
I
do
need
a
replacement,
so
you
look
like
you
can
be
as
good
as
any
and
so
keep
that
in
mind.
A
You
know
you
want
to
have
you
know
pretty
good
financial
background
and-
and
that
would
be
very
helpful
and
also
be
your
take
some
good
classes
in
accounting,
which
is
would
be
very
helpful
and
understand
financial
matters.
So
that's
proper
8
in
my
background,
and
what
we
going
to
do
here
today
is
that
we're
going
to
today.
A
We
just
won't
we
going
to
go
over
some
very
important
terminology,
I'm
going
to
tell
you
a
little
bit
about
the
the
city
government
and
how
your
local
representative
representative,
represent
you
and
we're
going
to
go
up,
we're
going
to
meet
the
mayor
of
the
city,
and
then
we
also
going
to
meet
the
city
administrator
and
they're
going
to
tell
you
a
little
bit
about
their
backgrounds.
Now,
the
mayor
of
the
city
or
elected
by
the
by
your
parents,
you
know
who
live
here
we
already
liked
it
for
four-year
terms.
A
There
there's
a
marital
counseling,
there's
four
members
of
the
council
and
then
a
city
clerk
and
there's
a
city
treasurer.
We
were
the
elected
officials
of
the
city
and
so
we're
going
to
going
to
go
and
meet
a
couple
of
them
and
later
are
we
going
to
go
in
visit
several
departments?
We
got
a
visit,
sound
installations,
going
to
be
one
department
and
and
one
of
the
sessions
going
to
be
taken
on
by
one
of
our
deputy
City
Administrator
Michael
Falco.
A
Who
is
going
to
take
you
down
to
the
computer
system
and
tell
you
all
about
that
and
that's
going
you're
going
to
really
enjoy
that
session,
because
Michael
loves
to
talk.
So
that's
going
to
be
a
very
interesting
session,
you're
going
to
learn
all
about
computers,
that's
in
the
basement
and
also
our
phone
system,
and
all
of
that,
and
also
one
of
the
other
department
are
we
going
to
visit,
will
be
the
police
department
you'll
find
that
there
are
a
lot
of
really
interesting
jobs
that
you
can
also
get
in
the
book.
A
You
know
heaven
police
department
and
one
of
the
other
departs
that
we
will
also
visit
will
be
the
library
the
librarians
are
very,
very
important
place.
The
you
can
learn
a
lot
and
there's
a
lot
to
do
there
and
like
to
learn
so
we're
going
vessel
visit
the
library.
So
what
we're
going
to
do
now
we're
going
to
go
around
and
you're
going
to
introduce
yourself
and
then
we're
going
to
have
lunch
and
then
we're
going
to
get
into
our
program.
A
Okay,
so
we're
going
to
start
with
this
young
man
my
gear
and
go
down
and
go
to
the
other
side.
We
have
a
few
students
that
are
missing
today.
They
have
a
couple
of
folks
that
have
the
birthday
today,
so
they're,
not
here,
and
one
other
person
had
something
that
came
up
and
they're
not
here
today,
but
we
should
have
a
full
house
next
week.
So
we're
going
to
start
with
this
young
man
right
here.
My.
J
D
C
B
A
Outstanding
outstanding
and
well,
this
group
is
so
articulate.
I
mean
I,
am
impressed.
I
think
this
is
about
the
best
poop
I
have
had
so
far
Wow,
but
what
we're
going
to
do
now
without
a
break
for
about
20
minutes
so
that
we
can,
you
know,
have
our
lunch
and
then
we're
going
to
move
on
into
the
program.
Okay,
all
right.
J
E
A
Anyone
else
going
to
be
graduated
within
the
next
two
years.
Good
cutting
I
have
other
scholarship
information
for
you
for
you
that
I'll
be
giving
to
you
that
have
ray
all
different
kinds
of
style.
So
did
you
get
that
scholarship
information
tip
on
you
guys
have
the
big
bone
to
pick
with
the
thick
one.
J
A
Okay,
well
went
back
and
add
a
little
bit
to
eat.
Now
we
gotta
get
into
the
program
now
just
going
to
briefly
go
little,
some
of
the
duties
of
the
city
treasurer.
That's
your
very
first
pinch
here
and
you
receive
part
of
it
has
to
do
it:
payment
of
the
bills,
mr.
children,
and
so
we
have
lots
of
bills
to
pay
and
in
fact,
is
to
give
you
a
little
example
of
what
some
of
the
bills
are.
A
If
your
turn
to
in
here,
if
you
book
the
headset
set
the
warrant
registry,
it
looks
like
this
just
a
little
listen
of
all
the
different
deals.
You
can
see
that
the
city
has
lots
of
bills
to
pass.
A
payroll
is
rough.
It
up,
you
know
two
and
a
half
million
dollars
every
other
week,
so
it's
called
a
warrant
register.
You
see
all
5
says
final
checklist.
You
can
see
some
of
the
bills
that's
been
paid.
A
One
of
you
defect
is
for
la
cienega,
building
improvement
project
eighteen
hundred
dollars,
and
then
you
can
look
on
the
next
page
in
your
CEO
is
a
series
of
payments
that
was
paid
out
for
legal
services.
That
total
of
twenty
thousand
dollars-
and
you
can
see
the
total
for
the
page
for
the
sidewalk
wheelchair
improvement
at
the
bottom
46,000
940
6821
dollars.
A
So
again,
that's
part
of
my
duties
is
to
pay
the
bills
and
basically
really
sign
all
the
check
because
I'll
be
you
know
just
sitting
here,
signing
checks
all
day
long,
but
what
we
use
primary
effects.
Similarly
signature.
So
it's
like
a
they
go
out.
Stanton
line
signature
on
to
the
check,
along
with
that
of
the
mayor
and
the
finance
director,
so
we
normally
pay
bills
every
other
other
week
and
another
one
of
my
responsibilities,
of
course,
is
the
point
of
Deputies.
A
I
have
two
deputies
that
assist
me
and
what
they
do
primarily
is
why
our
money
different
times
I
need
money,
wired
you
see
and
the
money
is
wired.
You
know
to
to
go
to
the
very
different
sources,
and
we
have
here
mr.
Marco
back
again
and
as
if
endings
my
right
hand
right
hand
left
hand,
sometimes
so
he's
a
really
been
a
big
leaping
victim
in
a
septum.
A
Thank
you
very
much,
and
and
also
we
have
investment
of
the
idle
funds
that
mention
right
now
are
overseen
roughly
about
you
know
little
over
two
hundred
and
some
million
dollars
on
funds
of
the
investment
at
half
the
city,
and
so
that's
another
one
of
my
responsibilities,
and
you
know
we've
been
really
really
lucky
here.
We
have
an
MRC
administrative
justice
walked
in
mr.
already
feels
or
money,
and
the
city
has
been
very,
very
fortunate
to
acquiring
services
and
he's
been
with
us
now
only
about
what
four
weeks.
B
L
Thanks,
oh
thank
you
for
having
me
I'll,
just
tell
you
that
I've
been
working
in
local
government
for
about
25
years.
I
know
I,
don't
look
that
old
and
then
this
business
for
quite
some
time,
I've
worked
for
a
number
of
cities
in
Southern
California.
You
guys
heard
Beverly
Hills
man,
beach,
pasadena
a
moment.
I
thought
you
heard
of
san
leandro
know:
okay,
that's
up
north
next
door
to
Oakland
and
then
I
grew
up
in
an
area
in
the
city
of
west
covina
and
so
I've
worked
for
word,
I
grew
up
there
and
I.
L
Also
work
for
the
state
was
committed
for
about
10
years
and
then
most
recently,
I
was
up
in
the
city
of
Salinas.
They
didn't
buy
ever
the
city
of
swings.
A
great
writer
is
some
Salinas.
Anybody
know
who
that
is:
John
Steinbeck,
you
wrote
East
of
Eden
the
great
rap
so
so
anyway,
that's
at
home
when
I
was
there
for
about
three
years,
so
I'm
really
happy
to
be
back
here
in
Southern,
California,
I'm
working,
you
know
close
to
my
family.
My
responsibilities
are,
basically
you
know.
L
If
you
think
of
any
big
business,
you
think
they
all
have
a
CEO
someone
who's
in
charge
of
the
management
of
the
organization
and
that's
my
rule.
I,
have
a
number
of
department
has
to
report
to
me:
the
police
chief,
the
worst
director,
the
finance
director,
there's
about
90
departments
that
all
reports
me
and
so
basically
I
manage
their
work
and
also
work
directly
with
the
city
council,
mayor
and
city
council
to
help
implement
policies
that
they
want
to
see
implement
in
our
city
to
make
our
city
a
better
City.
L
So
now
our
desert
body
from
EO
would
oh
you're
the
only
one
up
to
230,
okay,
fine,
okay,
well
good,
so
I'm
here
to
I
work
for
you
guys.
You
know
you
pay
taxes
through
when
you
buy
candy
books
or
what
have
you
that
money,
a
percentage
of
a
goat
comes
back
to
the
city
and
it
pays
my
salary.
So
you
guys
are
my
bosses,
I
work
for
you,
and
so
I
want
to
do
all
that.
L
L
A
A
A
We
want
to
make
sure
we're
getting
the
best
deal
with
bank
so
from
time
to
time.
We
can
we
go
out
and
get
different
arm
piece
for
Crispo
proposals
for
banking
services
and
I
have
committed
responsibilities
in
an
array
of
different
committees
and
I
have
the
article
function
where
I
just
simply
artist
some
of
the
you
know
some
of
them
some
of
the
account
of
the
city
and
I'm
turn
to
the
next
page.
H
A
You
know
you
have
actually
long
someone
money
and
that's
and
that's
basically
what
a
fun
it
is,
and
that's
primarily
what
I,
by
on
behalf
of
the
city,
is
it's
different
kinds
of
bonds
and
basically
they're
they're
government-sponsored
enterprises,
bonds
that
are
primarily
by
on
behalf
of
the
city
and
and
here
with
regard
to
viola,
have
some
terms
on
the
board
here
and
a
bond
pays.
A
certain
amount
of
interest
have
any
idea
what
an
interest
with
interest
represents.
Yes,.
A
Absolutely
that's
a
nice
little
explanation,
because
my
tea,
of
course,
is
that
pass
out
a
little
early
money.
It's
not
free.
If
you
loan
money
out,
you
expect
to
be
compensated.
You
see,
and
so
you're
going
to
be
you're
going
to
be
compensated
for
loaning
the
money
out,
and
so
that's
known
as
interest
and
also
with
regards
to
the
bonds.
A
All
the
box
have
something
known
as
a
maturity
date,
meaning
at
the
bottom
could
be
become
doing
that
you
paying
off
within,
say
one
year
or
two
years
or
three
years
or
four
years
or
five
years
generally.
I
do
not
go
out
further
than
say
a
five-year
bond
and
mike
now
enters
our
solo
until
basically,
even
if
I
went
out
for
five
years
meeting
at
the
bond
doesn't
125
years,
perhaps
the
most
that
I
can
get.
Now
is
one
point
about
five
percent
years
ago,
one
of
us
first
elected
treasurer.
A
You
know
interest
rates
were
very,
very
good
and
they
were
going
and
say
six
seven,
eight,
nine
percent,
but
now
it's
a
different
day
now
and
some
bond
you
see,
have
call
features
even
though
I
might
live
on
this.
For
like
a
five-year
bond
right
now,
inches
are
so
long,
even
though
it
may
pay
the
interest
rate
us
a
1.5.
They
may
have
like
a
call
feature
media
they
can.
A
They
could
take
it
away
from
me,
I'll
buy
it
back
from
me
before
five
years
depend
on
how
interest
rates
are
going
up
there
going
up,
you
know
up
or
down
you
see,
they
can
call
the
bond
back
say
if
I
buy
the
box
a
and
I'm
only
getting
one
point,
five
percent
and
interest
rates,
they
go
up
to
say
three
percent
as
a
five-year
bond.
What
do
you
think
will
happen?
A
A
That's
very
good
and
the
reason
why,
of
course,
they
would
want
me
to
keep
it
as
that
interest
rates
have
gone
up
to
like
three
percent,
but
I
bought
the
thing
at
one
point:
five,
so
I'm
stuck
you
see
at
the
1.5
now,
on
the
other
hand,
say
if
I
bought
the
bun
say
at
three
percent
and
it's
a
five-year
bond
and
now
rates
have
gone
down
to
one
percent
and
it's
a
callable
bond.
What
do
you
think
the
person?
What
about
the
bottle
will
do
now?
What
they've?
Let
me
keep
that
bond?
A
Will
they
want
that
bond
back?
Probably
absolutely,
but
we
got
a
financial
wizard
here
and,
of
course,
the
reason
why
they
wanted
back
is
because
I
bought
it
at
what
I
bought
it
at
three.
But
race
have
gone
down
to
save
one.
So
why
pay
me
three
when
you
know
the
rates
of
one
so
they'll
take
it
back
and
I'm?
Just
you
know
there.
I
am
you
see
I'm
looking
for
the
place
else
to
so
that's
that's
the
kind
of
what
I'm
doing
with
the
guards
to
bother
you
you
just
kind
of
guessing.
A
You
don't
know
how
you
know,
you
don't
know
how
it
just
makes
it
going
to
go,
but
if
I
buy
a
five-year
bond
like
I
bought
it
one-point-five
percent
and
we're
speaking
of
bonsai
by
eight
million
dollar
increments
they're,
not
real
they're,
not
small
amount,
so
they're
all
in
big
enough
increments.
Sometimes
I
buy
two
or
three
laid
off
of
thoughts
at
one
and
the
most
that
I'm
able
to
get
is
one
and
a
half
percent.
A
So
you
know,
as
you
know,
the
banks
now
attained
very
very
little
interest
on
savings
account
they're,
paying
less
than
one
percent.
Some
of
our
only
pain
like
like
corn,
point
one,
eight
percent,
you
know
and
very
very
little.
But,
however,
on
these
credit
cards,
you
know
a
few
charts
have
been
on
their
credit
card
and
they
are
charging
upwards
to
twenty.
Two
point:
nine:
nine
percent
on
the
going
on
your
credit
card.
A
So
what
you
want
to
do,
of
course,
if
you
charge
at
an
autocrat
bar,
if
you
can,
you
want
to
do
what
pay
it
off
the
next
month,
you
know
and
I
almost
sell
it
used
by
only
that
I
know
that
they
charge
you
the
higher
regular
I
put
a
small
amount
on
one
and
I
just
saw
that
they
wow
they're
charging.
My
twenty
two
point:
three
percent
interest.
You
know
on
the
small
amount
of
money
that
put
that
gave
many
people
putting
lots
of
money
on.
A
You
know
that
it
will
take
you
quite
a
while
to
pay
at
all.
Now
the
Milo
Milo
critical,
a
small
amount
on
line,
is
only
342
dollars
and
they
said.
Okay,
your
minimum
paper
down
will
be
thirty
dollars.
Now,
if
I
only
paid
thirty
dollars
according
to
the
information
on
that
on
my
statement,
it
would
take
me
two
years
to
pay
it
off
two
years
to
pay
off
342
dollars.
So
that's
why
what
you
want
to
do
you
see
it's
as
soon
as
you
can?
A
You
know
if
you
put
something
on
into
hope
of
being
repaired
on
flex
the
next
month,
because
that's
how
the
banks,
of
course,
are
making
their
money
at
these
enormous
amount
of
interest
out
there,
that
they're
charging
on
credit
cards,
but
paying
very,
very
little.
You
see
on
your
phone.
Your
savings
account
that
you
have,
as
I
mentioned
less
than
1%.
The
most
of
thanks
are
charging
so
in.
G
B
A
A
Yeah
there
should
be
the
amount
of
money
that
you're
goes
into
the
budget,
but
basically
what
a
budget
is?
It's
a
plan.
It's
a
financial
plans
for
the
budget
is,
and
we're
going
to
be
working
with
a
little
basic
budget
here.
So
basically
what
you
know
what
you're
doing?
If,
if
you
have
say,
if
your
budget
is
saying
boom,
you
lose
form
out
of
my
second
but
budgets,
a
thousand
dollars.
Then,
of
course
you
don't
want
to
spend
one
dollars.
I
think
we
will
have.
A
A
You
see,
and
as
I
mentioned,
of
course,
the
war
in
Iraq
asst
is
causing
nearly
except
for
about
a
billion
dollars
slap
you
see,
so
that's
what
it's
kind
of
a
there
so
very
quickly,
but
again,
a
budget
is
again
it's
just
simply
a
financial
plan
and
you
want
to
have
some
sort
of
plan
to
see
where
it
goes
too
high.
You
expand,
expand
you
to
spend
your
money,
okay
and
another
term
that
we,
what
we're
going
to
talk
about
also
with
something
called
the
rule
of
72.
A
A
I
A
I
A
Times
so
again,
if
you're
now
18
years
old,
with
that
same
ten
thousand
dollars-
and
now
it's
12
years
later,
how
old
would
you
be
12,
+,
18,
30
you'll
be
30
years
old
instead
of
36
for
the
four
percent,
and
you
see
the
money
is
now
doubled.
Do
you
still
have
the
twenty-thousand-dollar
now
you're
you
just
30
years
old,
instead
of
36,
now
12
more
years,
you'll
be
42
instead
of
what
54,
when
the
mining
with
up
double.
A
Now
you
got
40,000,
as
you
can
see
the
higher
the
interest
you
see,
the
you
know
the
factor
that
the
money
will
double
in.
Of
course
they
younger
you
will
be
so
now.
If
it's
only
paying
four
percent.
Is
you
know
it's
going
to
take
a
long
time
before
the
money?
Actually
a
mouse
too
much
and
you'll
be?
Quite
you
know
there
in
years
before
the
money
has
really
reached
retweet
of
us
in
a
good
amount.
So
interest
plays
a
very
important
impact
to
see
on
money
and
how
long
it
takes
it
to
double.
A
A
Now
the
105,000
revenues
is
what
this
little
city
head
coming
in.
We
using
small
numbers
and
we'll
say
year
to
this
little
city
had
85,000,
and
these
are
the
these
are
the
expenditures
for
the
other
for
the
city's.
He
has
salaries
of
forty
thousand
dollars,
have
supplies
of
eighteen
thousand
dollars
and
to
maintain
the
streets
of
course
of
12,000.
A
In
real
terms,
you
would
multiply
this
by
a
thousand
is
who
would
think,
but
the
builders
would
be
and
the
departmental
expenses
are,
seven
is
seven
thousand
and
the
building
and
maintenance
is
5,000,
medical
and
dental
fall
of
the
employees.
You
sees
4,000
for
this
little
sea
and
Parks
and
Recreation.
You
know
for
the
keeper
that
up
is
3,000
for
this
little
city
and
once
you
put
all
of
those
numbers
and
you
see,
then
you
you'll,
you
deduct
that
number
from
105,000
and
I'll.
A
A
Okay,
right
not
ready
all
right,
let's
see
how
you
came
up
with
this
one.
We
can
see
that
our
revenues
for
the
city,
105,000
sours
40,000
supplies,
18,000
street
maintenance,
eight
twelve
thousand,
departmental
expense,
7,000,
building
maintenance,
5,000,
medical
and
dental
for
and
parks.
Rec
is
three
and
total
expenditures.
Everybody
get
that
eighty
nine
thousand
dollars.
A
Okay.
Once
we
subtract
that
number
from
105,
we
have
wet
16,000.
You
got
that
all
right.
Let
me
get
that
all
right.
Okay,
so
this
little
city
is,
you
know
they
have
positive
income
and
right
now,
the
next
year
they're
reveries
went
down.
Perhaps
you
know
ref,
you
know
wherever
two
went
down
because
maybe
didn't
collect
as
much
taxes
or
perhaps
revenues
that
went
down
because
the
cause
of
a
number
of
differences,
their
projections
just
didn't
work
out.
A
You
know
the
revenues
that
they
thought
was
going
to
come
in
from
utilities
didn't
happen
revenues
they
thought
it
was
going
to
come
in
from
stay
effort
before
taxes
didn't
happen
and
and
for
property
taxes
in
happen.
So,
anyhow,
for
whatever
reason
that
revenues
went
down
so
the
next
year
sours
to
forty
thousand
dollars,
you
know
and
then
edit
you
know
the
ending
and
the
supplies
till
the
18
and
the
and
all
the
other
expenses
stay
pretty
much
the
same.
A
So
we
added
the
number,
and
now
we
have
what
a
deficit,
meaning
that
they
did
have
enough
money
to
cover
all
of
their
expenditures.
Okay,
all
right,
so
they
didn't
do
that.
Well,
you
know,
and
in
the
end,
the
next
year
so
that
happens.
Sometimes
it
happens
a
lot
of
cities.
Now
a
lot
of
cities
have
literally
gone
egra.
A
You
know
see
the
vallejo
then
upon
bankrupt.
The
lot
of
cities
are
experiencing
deficits
because
their
revenues
just
did
happen.
What
they
thought
was
going
to
happen.
Okay,
what
we
going
to
do
now!
We've
got
to
go
into
the
council,
chambers
and
you're
going
to
be
the
elected
officials,
somebody's
gonna,
be
there
somebody's
going
to
be
a
council
member,
sometimes
gonna,
be
the
city
treasurer
and
somebody's
going
to
be
the
city
clerk
and
and
then
some
is
going
to
be
the
pumper.
That's
going
to
come
up
and
you
know
talk
about.
A
You
know
why
this
you
know.
Why
are
you
not
doing
this
is
why
you're
not
doing
that?
Okay,
so
I
want
you
to.
You
know,
take
those
seats
in
the
council
chambers
we're
going
to
go.
We
got
to
go
there
now,
and
so
so
about
ready
for
that.
Okay,
alright!
So
we've
got
to
go
to
council
chairman,
you
see
what
we
do
you
see
on
conservation,
see
how
the
council
needs
actually
go
and
I'll
be
proposing
questions
to
us.
A
Council
people,
you
know:
what
are
you
going
to
do
about
is
what
are
you
going
to
do
about
that
blah
blah
blah?
Yes,
you
can
leave
you
leave
this
way
because
we're
going
to
come
back
to
this
room
and
I.
Must
we
finish
at
the
council
chamber,
we're
coming
right
back
here?
Okay,
all
right!
We're
going
to
go
on
to
the
council
chambers.
A
A
A
A
I
A
F
A
A
A
E
A
A
And
how
people,
okay
and
in
your
mr.
district,
1
Councilman,
you
know,
there's
a
lot
of
you
been
to
complain
about
these
trees.
That's
caused
all
kinds
of
plumbing
problems
in
their
area
and
it
is
constant,
a
lot
of
money.
Okay.
What
do
you
mean?
It's
a
city-sponsored.
What
are
you
going
to
do
about
that?
I
voted
for
you
30.
A
C
A
A
A
A
And
how
long
have
you
been
in
that
particular
see
how
long
you
been
represented
a
community
that
for
you
for
years,
yeah
and
I
know
some
people
who
voted
for
you
you're
going
to
have
to
you
know
you
know
you
a
lot
better
in
your
district.
You
know
an
ordered
it
to
be
an
s
seat,
the
next
time,
for
you
know
you're
up
for
reelection.
You
know
just
a
couple
weeks:
okay
and
the
person
there
in
district
3.
You
know,
I
think,
there's
a
lot
of
complaints
about
people
speeding
up
and
down
the
streets
there.
A
C
A
By
your
okay,
well,
you
know:
you're,
you
still
need
some
time
to
come
get
acclimated,
so
we
will
feel
a
bit
more
patient
here.
Well
person
there
in
district
4
down,
there's
been
a
lot
of
complaints
that
people
have
been
leaving
lots
of
trash
in
the
balance.
You
know,
they've
been
dumping
cabbage
us
there
and
chairs
there,
and
you
know
that
is
just
really
making
the
neighborhood
looked
really
bad.
Now,
you've
been
there
for
quite
a
while
their
district
for
council
person.
There
I
mean
what
are
you
gonna
do
about
this
problem?
Well,.
G
A
H
G
H
A
Okay,
so
you
kind
of
see
this
tower.
Council
meetings
are
a
really
conducted
here,
cheering
there's
folks
sitting
up
here
in
the
audience,
and
some
of
them
have
been
coming
for
years.
You
know
to
these
council
meetings
because
their
concern,
you
know
about
fair
city
and
each
time
see
they're
able
to
come
to
this
podium
and
they're
able
to
speak
for
three
minutes
on
any
item
on
the
agenda.
A
You
see
they
can
talk
about
anything
they
want
to
is
on
the
agenda
and
then,
of
course,
then
they
have
another
opportunity
to
speak
at
the
end
of
the
council
meeting,
but
they
might
want
to
talk
about
something.
That's
not
on
the
agenda.
You
see
that
then
they
can
talk
about
anything
they
might
want
to
talk
about.
But
basically,
as
you
can
see,
you
guys
are
the
policymakers
and
you're
the
really
the
shakers
and
the
movers
for
the
city's.
A
The
council
makes
the
policies
and
we
have
a
city
attorney-
who,
who
also
you
know
conducts
a
great
deal
of
this-
is
for
the
sing
again
and
they
have
to
how
all
the
legal
matters
pertaining
to
the
city,
and
then
we
have
a
city
manager
over
there
who
basically
runs
you
know
kind
of
ruins
of
city,
but
at
the
you
know,
I
think
the
other
councils
are
requests
actually,
because
the
council
actually
hard
to
see
the
city
manager,
so
actually
the
disadvantage
working
for
them.
For
the
council,
of
course,
and
the
peak.
A
So
basically
you
know
you're,
given
these
are
the
positions
that
you
know.
One
of
you
may
actually
occupy
some
point
time
and
as
I
mentioned,
each
person
holds
your
job
for
how
long
after
how
many
years
each
person
holds
their
job
over
here
for
years
and
they
elected
by
the
people
to
see,
and
they
have
to
get
the
majority
vote.
A
But
each
district
you
see
runs
by
district
and
in
each
district
is
what
about
30,000
people
in
each
in
each
district,
and
these
are
the
folks
that
you
know
that
protocols
and
hope,
but
unfortunately,
boating
turn
out.
As
gender
solo
generally
under
fifteen
percent
of
people
actually
vote,
which
is
a
very,
very
important
right,
but
have
very
small
amount
that
actually
come
out
and
actually
vote
you
see.
So,
as
you
can
see,
you
know
when
you
do
it
from
age.
A
But
thankfully
you
know
they're
not
that
long
anymore,
so
they
usually
around
about
10
inch
or
1030
for
the
most
part.
But
again
it's
every
tuesday
and
and
a
number
of
people
could
come
in
you'll
need
14
years
to
you
know
what
they,
what
you
know,
what
they
like
about
the
city,
what
they
don't
like
about
the
city
or
C.
So
just
want
you
to
get
kind
of
get
a
taste
of
foot
of
how
city
government
is
run.
Do
you
know
any
of
you
have
any
questions?
A
Okay,
some
of
the
things
that
we've
talked
about
this
first
session
has
been.
Of
course,
we
got
a
novio
city
of
city
government
and
each
of
you
have
a
chance
to
actually
serve
as
either
a
councilperson
city
attorney
to
see
administrator
as
treasurer,
and
so
you
have
a
chance
to
get
an
idea
of
what
you
know
what
city
government
it
is
like.
You
know
that
each
person
search
for
a
period
of
four
years,
then
you
have
to
go
out
and
campaign
you
knocking
on
doors
and
an
out
literature.
It
is
very
expensive.
A
You
know
each
piece
of
literature
that
you
sent
out
particularly
run
a
city.
Ride
may
run
about
six
thousand
dollars.
You
know
per
piece
of
literature,
so
if
your
expensive
and
you
could
of
course,
spend
even
more
depending
on
you
know,
what's
on
campaign,
you
ham,
and
we
talked
about
what
you
know,
some
of
the
responsibilities
Treasury
us
in
your
you
know
in
your
outline
here,
and
we
talked
about
some
important
terms.
We
talked
about
what
a
budget
is
and
a
budget
is.
H
A
H
A
Day,
and
sometimes
it
is
callable
okay,
they
are
callable.
So
that's
that
some
of
the
features
of
a
bomb
which
is
nothing
more
than
an
I.o.u-
and
we
said
interest-
is
what
it
is.
The
cost
of
money
right.
My
name
is
not
free,
is
the
cost
of
money,
because
I
borrow
money
and
we
have
simple
interest
and
we
have
compound
interest,
that's
why,
for
when
you
go
home
this
weekend,
I
want
you
to
read
this
handout.
That
I
gave
you
on
and
tris.
A
You
know,
and
it
tells
you
on
a
front
page,
but
inter
suppose,
money
is
not
free.
Tomorrow
it
costs
I
mentioned
a
little
300
hours,
I
put
on
one
of
my
credit
card.
Until
you
know
the
court
information
on
it
will
take
me
if
I
sent
only
the
minimum
payment
of
thirty
dollars,
it
will
take
me
two
years
to
pay
that
off
and
then
I
will
pay
back
and
seven
three
hundred
dollar
but
be
one-hundred
forty-four
dollars.
A
Merrill's,
you
see,
that's
where
I
even
borrow,
so
you
can
multiply
that
when
you
have
thousands
of
dollars
on
your
credit
card,
so
I,
oh
okay,
all
right!
So
you
want
to,
you,
know,
read
this,
so
you
can
have
a
good
ideas.
What
interested
and
then
we
talked
about
the
womb
of
72
and
the
rule
of
72
is
what.
A
Absolutely
right:
that's
how
long
we
would
take
your
money
to
double
and
the
lower
the
interest
rate
longer.
It
will
take
the
money
to
double
okay,
so
interest
has
a
direct
impact
on
a
payout.
Listen
so
be
sure
and
read
this
little
dis
I
have
so
you
get
even
a
better
understanding
of
what
interest
is
all
about.
As
a
matter
of
fact,
you
see
there
was
his
lady
in
Mexico,
she
deposited
twenty-four
thousand
dollars
in
her
bank
account
and
and
in
Mexico.
A
You
know
they
have
very
high
inflation
and
he
left
it
there
for
10
years
and
interest
rates
went
up
to
forty
nine
point
three
percent,
so
her
40
twenty
four
thousand
dollars
has
escalated
over
the
years
through
there.
You
know
horrendous
inflation
to
over
forty
six
billion
dollars
and
she
wanted
to
be
paid.
She
said,
I
want
my
money,
I
said
put
his
twenty
four
thousand
dollars
in
your
bank
and
now
I
want
to
be
paid,
and
so
the
bank
said,
but
the
most
up
we're
going
to
pay
you
150
thousand
dollars.
A
If
she
got
herself
a
lawyer
and
she
says
no
I
want
946
billion
dollars.
You
know
where
that
24,000
had
grown
to
that
much
because
I
interest
rate
and
basically
because
of
the
very
inflationary
intercept
they
had
their.
You
know
she
that
money
had
grown
to
that
and,
of
course
she
had
15
children
and
so
what
she
wanted
to
do
was
they
want
her
to
put
that
money
into
some
sort
of
trust.
A
And,
of
course
the
banks
is
no
but
I
gotta
pay
that
for
the
bank
could
figure
the
bank
didn't
have
the
money
to
pay
for
46
billion
dollars.
You
see
so
they
had
an
accountant
calculate.
You
know
what
her
interest
rate
would
be,
and
he
says
here
the
count
accepted
the
argument
that
the
hundred
and
forty-nine
percent
interest
rate
prevailed
during
the
time
that
her
deposit
was
was
there
and
and
it
had
a
mount
of
four
hundred
and
forty
thousand
pesos,
which
is
46
billion
US
dollars.
A
So
this
has
this
a
very
interesting
article
that
I'm
going
to
give
to
you
all
so
that
you
can
be.
Regarding
you
know,
the
inflationary
impact
you
see
plane
and
her
and
her
reach
started
at
forty
nine
point
three
five
percent
and
went
up
to
one
and
forty-nine
percent
over
a
period
of
ten
years,
so
that
twenty
four
thousand
dollars
grew
to
46
billion
dollars.
So
I'm
going
to
give
you
that
article
also
to
be
and
also
I,
want
you
to
work
on
your
own
little
personal
expense
budget.
A
You
got
to
start
out
with
your
income,
you
know
is
the
all
working
now
you
know,
and
you
all
have
jobs
so
you're
earning
now
for
the
first
year
in
75
thousand
dollars
your
first
job.
You
know
you
all
the
heck
with
painters
nu
equal
in
school,
and
but
you
know
that
was
a.
Let
me
dig
decline
so
things
that
work
out
the
second
year,
yeah
and
you're,
and
your
salary
you
drop
down
to
thirty
thousand,
but
your
expenses
remain
pretty
much
the
same.
A
Again,
you
start
now
with
75,000
are
very
similar
to
the
example
that
we
already
marked
here
in
class
and
you'll,
see
what
your
would
let
you
come
up
with
their
surplus
or
we
come
up
with
a
deficit.
Your
first,
you
at
75,000
and
a
50,000
now
be
sure
to
bring
the
workbook
back
again
as
I
mentioned,
because
when
they
print
this
they've
made
some
errors
in
it.
So
I
need
to
have
read
down
again
so
bring
them
for
your
workbook
back.
So
I
can
you
know,
put
supplement
with
the
other
section
that
should
be
there.
K
A
Oh,
alright,
so
we're
going
to
be
back
here
again,
you
know
on
the
next
next
week
at
three-thirty,
you
can
get
you
a
little
earlier
work
out
by
the
way
we
can
start
on
our
lunch
a
little
bit
early,
but
me
back
here
again
on
the
ninth
floor
instead
of
the
my
office
was
all
of
our
session
will
be
here
on
this
school.
Has
a
really
nice
dude
right,
it's
y'all!
The
airplanes
are
going
into
the
airport
and
sort
of
thing.
So
so
I
will
see
you
next
week
be
safe
and
enjoy
your
weekend.