http://capitolannex.com/2007/01/18/thursday-legislative-round-up-no-bid-contracts-more-addressed-in-latest-bill-filings/ Outside Austin, But Terribly Well Connected Thu, 11 Mar 2010 15:22:05 -0800 http://wordpress.org/?v=2.8.4 hourly 1 http://capitolannex.com/2007/01/18/thursday-legislative-round-up-no-bid-contracts-more-addressed-in-latest-bill-filings/comment-page-1/#comment-99710 WUSRPH Thu, 18 Jan 2007 23:36:26 +0000 http://capitolannex.com/2007/01/18/thursday-legislative-round-up-no-bid-contracts-more-addressed-in-latest-bill-filings/#comment-99710 You should not that the Escobar bill does not actually cost $1.2 billion. That number includes the funds that would already have been appropriated to cover the stat'es current 6% contribution to the TRS. The actual cost of raising the contribution to 7% in the first year and 8% in the second is probably somewhere around $700 million. You should not that the Escobar bill does not actually cost $1.2 billion. That number includes the funds that would already have been appropriated to cover the stat’es current 6% contribution to the TRS. The actual cost of raising the contribution to 7% in the first year and 8% in the second is probably somewhere around $700 million.

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