TO: | Honorable Craig Eiland, Chair, House Committee on Pensions & Investments |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB346 by Escobar (Relating to the amounts to be appropriated for the state contribution to the teacher retirement program for fiscal years 2006 and 2007.), As Introduced |
Fiscal Year | Appropriation out of GENERAL REVENUE FUND 1 |
Appropriation out of EST OTH EDUC & GEN INCO 770 |
---|---|---|
2006 | $1,575,054,037 | $85,269,975 |
2007 | $1,870,877,862 | $106,772,838 |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | ($1,575,054,037) |
2007 | ($1,870,877,862) |
2008 | $0 |
2009 | $0 |
2010 | $0 |
Fiscal Year | Probable Savings/(Cost) from GENERAL REVENUE FUND 1 |
Probable Savings/(Cost) from EST OTH EDUC & GEN INCO 770 |
Probable Revenue Gain/(Loss) from TRS TRUST ACCOUNT FUND 960 |
---|---|---|---|
2006 | ($1,575,054,037) | ($85,269,975) | $1,660,324,012 |
2007 | ($1,870,877,862) | ($106,772,838) | $1,977,650,700 |
2008 | $0 | $0 | $0 |
2009 | $0 | $0 | $0 |
2010 | $0 | $0 | $0 |
Source Agencies: | 323 Teacher Retirement System
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LBB Staff: | JOB, SR, UP, JSc
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