Video & Transcript Research : 'capstone project'
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WY
Transcript Highlights:
- What was the impetus to come up with a board to bring these projects and fund these projects?
- looking at projects.
- and fund these bring these projects and fund these projects?
- And have these projects are projects?
- That's not a big project. going to do? That's not a big project.
Bills:
SF0101
Keywords:
Second Amendment, firearm regulation, state legislation, public safety, civil penalties, 916, all
MN
Minnesota 2025 1st Special Session
Committee on Energy, Utilities, Environment and Climate - 04/07/25
Energy, Utilities, Environment, and Climate
Transcript Highlights:
- All the project lines you see like 22 through 38 were all the projects that were funded previously.
- All the project all the lines million.
- I am the project manager for the city's exciting green hydrogen project.
- This project is truly groundbreaking.
- ,<00:53:29.920>
where going to have to pay for projects, where going to have to pay for projects
NH
Transcript Highlights:
- are good projects.
- at. um if the cost is too much projects at. um if the cost is too much projects will<00:05:17.520
- um you know there's a big casino project um you know there's a big casino project if<00:06:56.080
- with us so we can get this project done. with us so we can get this project done.
- regional project. regional project. >> Thank<00:17:59.200>
you.
LA
Louisiana 2026 Regular Session
Public Retirement Systems Actuarial Committee Jun 22nd, 2026
Transcript Highlights:
- 2025, which projects the contribution rate beginning July 1, 2026.
- The only change to the 2025 valuation is the projected contribution rate beginning 2026.
- The only change to the 2025 valuation is the projected contribution rate beginning 2026.
- And when I say now, I mean projected June 30, 2026.
- The next page is a projection of UAL payments.
Summary:
The Public Retirement Systems Actuarial Committee met on June 22 and approved the minutes from the February 23, 2026 meeting. There was no public comment. The main discussion focused on Louisiana State Employees’ Retirement System (LASERS) and how appropriations from House Bill 312 of 2026 affect the system’s actuarial valuation and employer contribution rate for fiscal year 2027.
Staff explained that HB 312 provided about $145 million in appropriations to LASERS, with roughly $87.6 million applied to the original amortization base and about $57.9 million applied to the experience account amortization base. As a result, the projected aggregate employer contribution rate for the fiscal year beginning July 1, 2026 was revised from 32.51% to 30.05%, a reduction of 2.46%, and the required projected employer contribution was updated to about $738.7 million. The presentation also noted that the June 30, 2025 valuation itself did not change, only the projected 2026 rate, and that the original amortization base would be paid off by June 30, 2026.
Committee members asked about the longer-term effect of the changes, including a projected 2036 payment reduction. Staff explained that later-year UAL payments would be lower, but that the exact savings would depend on future actuarial experience and investment performance. The committee then adopted the motion to revise the projected fiscal year 2027 LASERS aggregate contribution rate to 30.05%, subject to the appropriation, and later adjourned without opposition.
TX
Transcript Highlights:
- I'm not a lawyer, but I've worked with some landowners on various projects, especially pipeline projects
- We want to shut down your entire project and delay a public project.
- Of all the tracks that we do on a pipeline project, I think it's gotten better.
- Delay will cause a project to maybe not be built.
- Again, it's not a question of whether or not a project will be built; these projects will be built, and
TX
Transcript Highlights:
- House Bill 4370 makes it clear that these projects need to go through existing local approval processes
- Where geographically in Texas are y'all hopeful that some of these projects might be viable?
- However, to safeguard against any drastic changes, HB 386 also places an additional cap for projects
- Without a policy update, local governments will continue to struggle with managing project costs in a
- It helps local governments keep projects on track.
Bills:
HB386, HB1449, HB1701, HB2142, HB2675, HB2857, HB3063, HB3171, HB3641, HB3732, HB4045, HB4370, HB4491, HB4505, HB4626, HB5267, HB5356
Keywords:
construction contracts, change orders, local government, budget limits, Texas legislation, HB 1449, mobile food vendors, food trucks, mobile food service establishments, permits, county health permit, municipal permitting, Health and Safety Code Chapter 437A, Chapter 437, inspection agreements, permit reciprocity, fee cap, preemption, large counties, population over one million
FL
Florida 2025 Regular Session
March 11, 2025 - 08:30 AM
Transcript Highlights:
- Deliver projects for people of Florida.
- We also measure our project delivery in terms of time and cost.
- Our statewide posture reflects five fixed infrastructure projects.
- However, due to the types of projects, the infrastructure projects, they tend to take a long time for
- That's true of any of the infrastructure projects that you'll see.
Summary:
The committee met to review agency program funding as it prepared to build the budget, hearing brief presentations from six agencies and then taking member questions. Florida Division of Emergency Management highlighted its role in response, preparedness, recovery, and mitigation, describing a largely federal pass-through budget, major technology investments, and large disaster and preparedness grant activity. The Department of Commerce, Department of State, Florida Housing Finance Corporation, Department of Transportation, Department of Military Affairs, Florida State Guard, and Department of Highway Safety and Motor Vehicles also summarized their budgets, staffing, and major programs, including workforce and economic development, elections and arts funding, housing assistance, transportation work programs, military readiness, state guard expansion, and highway safety and motorist services.
Members focused questions on several issues: arts and library grant funding and whether award criteria had changed; Commerce’s rural infrastructure and job growth grants and why funds were not being disbursed faster; Florida Housing’s use of SAIL, Live Local, Hometown Heroes, and SHIP funds and how smaller agencies learn about and access funding; and DOT’s work program gap between agency and governor proposals. The most extensive questioning was directed to Highway Safety and Motor Vehicles about long DMV lines, vacancies, overtime, staffing shortages, and the ability to shift funds between divisions. The department said staffing and pay constraints, especially in South Florida, were driving service delays and vacancy rates, and that overtime was being used because troopers were leaving for better-paying jobs.
The Florida State Guard was also questioned about its spending and procurement pace, including aircraft purchases and facilities. Its director said long procurement timelines explained the low initial spending and that obligations had risen sharply as contracts matured. Members also asked about the department’s public opposition to Amendment 3 and whether agency resources were used in that effort; the director said no contracts or purchases were made to influence the vote and said the colonel’s comments were made off the clock. The meeting ended with the chair asking agencies to respond promptly to unanswered questions, and the committee adjourned without any recorded votes or formal actions beyond receiving the presentations and questions.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 10:00 am
Joint Committee on Revenue
Transcript Highlights:
- Projects that recover methane from dairy farms or landfills actually deliver greater climate benefit
- creation, infrastructure investment, and economic development in the communities in which these projects
- We applaud the legislature. ...economic development in the communities in which these projects are built
- The additional revenue can be directed toward climate resilience projects, public transit, mitigating
- The investments don't usually cover the entire project costs, but they significantly reduce demand on
Summary:
The Joint Committee on Revenue held a public hearing on bills related to transportation, telecommunications, and utilities, with Senators Eldridge, Rausch, and Jehlen and House members including Co-Chair Madaro, Leader Donato, Representatives Paulino, Wells, Gómez, and Plouffe present. The chairs reviewed hearing procedures, deadlines for written testimony, and the new joint rules governing action on bills. No votes were taken; the hearing was for testimony only and was adjourned after public comment.
Testimony began with strong support for Senate Bill 1998 and House Bill 3230, An Act Enhancing Renewable Heating Solutions for the Commonwealth. A representative of the Coalition for Renewable Natural Gas said the bill would help decarbonize heating by allowing utilities to use renewable natural gas and other qualified renewable fuels, while also supporting jobs and local economic development. The committee then heard support for House Bill 4082, which would make the Title V septic tax credit refundable; the Falmouth Water Quality Management Committee said this would better help lower- and middle-income homeowners facing costly septic upgrades or sewer connections in nitrogen-sensitive coastal areas.
The committee also heard opposition to House Bill 4080 and Senate Bill 1924 from the Aircraft Owners and Pilots Association, which argued that higher aviation fuel taxes would not be justified without a clear aeronautical use for the revenue and noted federal restrictions on aviation fuel tax proceeds. In contrast, a coalition opposing private jet expansion supported Senate Bill 1924, saying a higher jet fuel tax would better align tax policy with climate and public health goals and help address aviation emissions. Finally, the Metropolitan Area Planning Council supported House Bill 3050 on regional ballot initiatives, arguing that local revenue tools could help cities and towns fund transportation projects and reduce pressure on state transportation dollars.
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, March 2, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- As projects that were proposing that.
- We've got projects.
- If the project stopped or the project was paid for without using all that money, then there would be
- If the project stopped or the used.
- If the project stopped or the project<01:21:33.960>
was <01:21:34.160>paid <01:21:34.400
TX
Transcript Highlights:
- Chairman, have you done some of these projects in other states?
- or an industrial project and a school or parish.
- Does not preclude a city from pursuing projects such as that.
- so that would be additional tax credits for the project.
- They actually supported the project.
Keywords:
zoning, public notice, local government, residential development, protests, water conservation, municipal utility districts, Texas Commission on Environmental Quality, environmental regulation, groundwater management, nonconforming uses, zoning regulations, land use, property rights, municipal authority, municipal moratorium, development moratorium, property development, subdivision, site plan
TX
Transcript Highlights:
- For various projects and our emergencies.
- We've still... ...projected to continue to grow.
- So have y'all run that 10-year projection?
- Do you have a 10-year projection or some projection of where that's going to be five, 10 years from now
- Do you have projections?
Bills:
SB 1
Keywords:
campground safety, youth camp regulations, flood safety, emergency evacuation, health and safety standards
Summary:
The Senate Finance Committee held its first hearing of the 89th regular session, adopted nearly identical committee rules from the previous legislature by a 15-0 vote, and began review of Senate Bill 1, the state budget for fiscal years 2026-27. Chair Huffman outlined the budget framework, emphasizing conservative spending, a $332.9 billion all-funds budget, and major priorities including property tax relief, public education, border security, health and human services, transportation, energy, and water infrastructure. She also introduced committee and leadership staff and described the hearing schedule and public testimony procedures.
Comptroller Glenn Hager presented the biennial revenue estimate, saying the state has $194.6 billion available for general-purpose spending, including a $23.8 billion ending balance, but warned that revenue growth is returning to more normal levels and that lawmakers should avoid using temporary spikes for ongoing commitments. Senators questioned him extensively about the Economic Stabilization Fund cap, sales tax trends, inflation, and whether the state should consider raising the cap or using severance-tax revenues differently. Hager said the Rainy Day Fund is expected to hit its cap, which would leave more severance-tax revenue in general revenue, and he stressed that infrastructure needs remain significant.
The Legislative Budget Board then gave a detailed overview of SB 1 and the budget’s major components. LBB staff explained that the bill includes continued funding for the Foundation School Program, $850 million for the Texas State Technical College endowment, $1.3 billion for the Texas University Fund, $6.5 billion for border security, salary increases for correctional officers and state troopers, $3 billion for dementia research, higher community attendant wages, expanded community-based care, $5 billion for the Texas Energy Fund, and funding to clear volunteer fire department grant backlogs. They also outlined supplemental priorities such as water infrastructure, retirement legacy payments, rail grade separations, wildfire aircraft, and emergency facilities, and said the current controlling budget limit is the tax spending limit.
A major portion of the hearing focused on property tax relief. LBB explained that prior-session relief grew from an expected $18 billion to $22.7 billion because of higher-than-anticipated property values and interactions among hold-harmless provisions, and that SB 1 continues and expands relief with $51 billion in total property tax relief, including $3 billion more for compression, $3 billion to raise the homestead exemption from $100,000 to $140,000, and a $500 million placeholder for business tax relief. Senators discussed the automatic nature of some of these costs, the effect of the non-homestead circuit breaker, the role of federal COVID funds, and the need to maintain school finance commitments if the state continues to compress school tax rates.
MN
Minnesota 2025 1st Special Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 2/20/25
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- <00:09:49.320>
in deadline halting Broadband projects in deadline halting Broadband projects - <00:10:37.440>
and of compliance putting projects and of compliance putting projects and workers - to be made to this law to keep projects to be made to this law to keep projects on<00:43:30.119>
- <01:31:46.480>
in there's still a number of projects in there's still a number of projects - Looking at some of the projects that have been handed out or awarded, those projects aren't always in
Keywords:
telecommunications, installation, certification, safety, underground utilities, HF335, Greater Minnesota, economic development, public infrastructure, grant program, DEED, Department of Employment and Economic Development, business development, infrastructure grants, local government aid, general fund appropriation, rural development, site development, utilities, roads
AL
Alabama 2026 Regular Session
Alabama Joint Contract Review Committee Feb 5th, 2026
Transcript Highlights:
- maybe that helps some is the project on maybe that helps some is the project on apprenticeship<00
- itself is is a $12 million project itself is is a $12 million effort. effort. effort.
- and our um state parks bond projects and our um state parks bond projects. projects. projects.
- c> and all the projects, the ARPA projects and all the projects, the ARPA projects and the<00:10:
- <00:10:31.680>
are inspections after the projects are inspections after the projects are complete
NM
New Mexico 2026 Regular Session
IC - Revenue Stabilization and Tax Policy Dec 16th, 2025
Transcript Highlights:
- However, the revenue projections had begun to fall as fast as the price of oil.
- For tax relief, it increased the working family. distributing the revenue for real projects.
- Vice Chair, the program cap would still be, or the project cap, understanding that, but yes.
- My first question is, so do you do science fair projects?
- in your community rather than trying to finish up those projects in your community.
Summary:
The committee’s final day focused first on a historical overview of New Mexico tax packages by Pam Stokes of Legislative Council Services. She described how tax packages have alternated over the decades between tax relief, revenue raising, and tax reform, with examples ranging from the creation of the gross receipts tax in 1966 to major packages in 1981, 1986, 1991, 1994, 2005, 2019, 2022, 2024, and the vetoed 2025 package. Members discussed how tax policy often tracks revenue conditions, how packages can combine increases and decreases, and how local government gross receipts taxes and hold-harmless distributions have affected communities differently. Several members reflected on past packages, especially the 2004 food tax repeal and the 2013 film tax and manufacturing changes, and noted that tax policy can have major economic and political effects even when it is not “sexy” legislation.
The committee then heard a proposal to expand the health care practitioner gross receipts tax deduction to include co-insurance, and to extend the sunset date. Sponsor Senator Figueroa said the bill was intended to help recruit and retain medical providers and build on prior deductions for co-pays and deductibles. Testimony explained that co-insurance is the patient’s share after the deductible, that providers currently absorb the gross receipts tax on those payments, and that the proposal would cost about $30 million to the state plus about $20 million to municipalities and counties, with the exact fiscal impact likely to be updated. Members raised concerns about the effect on local governments, whether insurers could be required to reimburse providers, whether the bill would actually attract doctors, and whether better evaluation measures and sunsets should be added. The sponsor said the bill was part of a broader set of efforts to address provider shortages and that the discussion would continue.
Representative McQueen then presented a bill to update the Land Conservation Incentives Act. He and conservation partners said the program has protected more than 500,000 acres but has not kept pace with rising land values, especially for irrigated agricultural land in the Middle Rio Grande. The proposal would increase the percentage of conservation value eligible for the credit, raise the per-transaction cap from $250,000 to $2 million, and make the credit refundable rather than only transferable. Testimony emphasized that the program is voluntary, keeps land in private ownership and production, and helps land-rich, cash-poor landowners preserve farmland and water rights. Members asked about average credit amounts, how easements work, whether landowners could effectively buy land and then use the credit, and whether there should be inflation indexing or a statewide cap. The discussion also touched on water rights, fencing, and the role of conservation easements in protecting agricultural land and compact water deliveries.
Finally, Senator Sharer previewed his 2% tax proposal with a historical presentation on New Mexico tax law, using props to illustrate the evolution from early territorial tax codes to the modern tax system. He argued that the state’s current tax structure is overly complex and that recent federal changes have disrupted the personal income tax base. The committee did not take any votes on the day’s presentations; the meeting was primarily informational, with members offering feedback and raising policy concerns for future sessions.
CA
California 2025-2026 Regular Session
Assembly Committee on Economic Development, Growth, and Household Impact Jun 23rd, 2026
Transcript Highlights:
- This outdated limit restricts the state's ability to contract with small businesses on larger projects
- We're limiting access to opportunities that better reflect today's market costs and project needs for
- And we also know that some of those projects are underway.
- Folks are now in the pool for multiple projects. So when we're ...that it's not one project.
- Folks are now in the pool for multiple projects.
Summary:
The committee heard several measures focused on economic development, procurement, workforce equity, federal infrastructure funding, and food security. SB 1044 by Senator Reyes would raise and then index to inflation the cap for streamlined state contracts awarded to certified small businesses, microbusinesses, and disabled veteran business enterprises for services and IT work; supporters said the current cap is outdated and limits access, while opponents representing goods suppliers and some small business groups argued the bill could disadvantage goods contractors and should preserve lower thresholds for those contracts. After discussion about the ceiling versus floor effect of the cap and the impact on different types of businesses, the bill was approved as amended and sent to Appropriations. SB 247 by Senator Smallwood-Cuevas would create a bid preference for projects that hire workers from disadvantaged communities; supporters framed it as a way to connect public infrastructure spending to family-sustaining jobs, while union construction employers opposed it because they said they cannot control worker dispatch through hiring halls and the bill would be difficult to implement. The committee advanced the measure to Appropriations despite those concerns.
The committee also approved SJR 6 by Senator Cortese, which urges the federal government to honor commitments under the bipartisan infrastructure law, CHIPS and Science Act, and Inflation Reduction Act, with supporters emphasizing the importance of certainty for California infrastructure, clean energy, and semiconductor investments. SB 1025 by Senator Hurtado would establish an Office of Food Security and Affordability to coordinate food assistance efforts and develop a statewide food security strategy; supporters from a Kern County food bank and the University of California said the state’s response to hunger is fragmented and needs better coordination, while committee members asked about deliverables and timelines. The bill was sent to Appropriations.
The committee also took up consent items SB 700 and SB 1340, which were moved on consent to Appropriations, and the hearing ended with the remaining votes recorded and the bills advanced. Throughout the hearing, members repeatedly discussed the need for clearer implementation details, data on program impacts, and how to balance equity goals with operational realities for state agencies, contractors, and small businesses.
ND
North Dakota 2026 1st Special Session
Higher Education Institutions Committee Jun 18th, 2026 at 10:00 am
Higher Education Institutions Committee
Transcript Highlights:
- And also, we have been working on a project in our afternoon classes.
- And also we have been working on a project in our afternoon classes.
- Through projects like PREDICT, which is one of our projects here, we're studying the outcomes of emerging
- A project, and the project addressed qualitative assessment of system strengths and challenges, how the
- approval for, or projects that will be funded by donations.
MO
Missouri 2026 Regular Session
2026 Legislative Session - Day Sixty Four - Wednesday, May 6
Missouri House Floor Meeting
Transcript Highlights:
- All of these are projections.
- They're all on projections. So they're uncomfortable with the projections.
- Like I said, the whole budget is based on projections. So we're projecting.
- Like I said, the whole budget is based on projections. So we're projecting this income.
- So, yeah, we're, I guess, changing our projections, but we're still making projections.
Summary:
The House convened with prayer, the Pledge of Allegiance, approval of the previous day’s journal, and a series of special guest introductions recognizing family members, interns, students, public servants, and community advocates. Committee reports and Senate messages followed, including Senate refusals to concur on a large number of amendments to Senate Bill 1421 and the appointment of a conference committee on House Bill 2818.
The main floor action centered on the state budget, especially House Bill 2 (public education). The budget chair explained the conference report’s funding mix for K-12 schools, including $8.4 billion for public education, changes to the foundation formula, use of blind pension funds, and possible ARPA dollars later in the process. Members debated whether the report underfunded schools by $45 million or more, with opponents arguing the state was not fully funding the formula and supporters saying total school funding remained at record levels and that the issue was the source of funds rather than the total amount. A substitute motion to send HB 2 back to conference failed 62-89, and the conference report was then adopted 83-68; the bill was third read and passed 83-68.
The House then took up House Bill 2003 on higher education, where the conference report largely restored the governor’s recommendation and directed the department to develop a new funding formula by the end of the year. Members discussed performance-based funding, scholarships, apprenticeships, and the need for a slower transition to any new model. The conference report passed 119-28, and the bill was third read and passed 109-32. House Bill 2004, covering Revenue and Transportation, included about $20 million for rural roads and other transportation funding; members discussed constitutional concerns, MoDOT projects, and a small local safety fix. The conference report passed 128-21, and the bill was third read and passed 127-27.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation May 6th, 2026
Transcript Highlights:
- Yes, many of these items are DIY-type projects. Great, good.
- projects.
- The momentum already projects ready to go.
- projects.
- But for those 116 active projects, Expenses for.
Summary:
The Assembly Budget Subcommittee on Climate Crisis, Resources, Energy, and Transportation held an oversight hearing on home hardening and defensible space as wildfire mitigation strategies. The chair opened by stressing that California has reached a tipping point, with repeated community-scale wildfire losses, rising insurance costs, and growing utility wildfire mitigation expenses. The hearing was organized around four panels: what home hardening and defensible space are, community risk reduction and coordination, evaluation of current defensible space programs and proposed investments, and the future of home hardening and the California Wildfire Mitigation Program.
The first panel featured IBHS, the Legislative Analyst’s Office, and local wildfire mitigation advocates. IBHS described wildfire spread through embers, flames, and radiant heat, emphasizing that structure separation, removing combustible materials within the first five feet of a home, and combining multiple mitigation measures significantly reduce loss. It highlighted its Wildfire Prepared Home and Wildfire Prepared Neighborhood standards, including an “essential” and “enhanced” level, and said California is ahead of other states but still needs scalable, standardized, and sustainably funded mitigation. The LAO outlined key policy questions for the Legislature, including the state’s role, intergovernmental coordination, cost-effectiveness, program design, measurement of success, long-term sustainability, and barriers to implementation. The chair and panelists discussed estimated costs, including roughly $15,000 for a basic retrofit and about $50,000 for more extensive ignition-resistant construction, and whether state funding should focus on the most cost-effective initial measures.
The second panel focused on scaling adoption through local coordination, education, financing, and community-based programs. Megafire Action argued that home hardening is a market adoption problem and said the state should not try to pay for every home, but instead target high-leverage interventions across the “customer journey,” including education, financing, trusted certification, and neighborhood network effects. Ventura Regional Fire Safe Council described free home assessments, small retrofit grants, Firewise community support, and the importance of neighborhood-level action, local capacity, and cultural change. Marin Wildfire Prevention Authority described its locally funded model, grant program, public education efforts, and an Ember Ready program that helps residents navigate home hardening and Zone Zero compliance. The chair repeatedly emphasized the need for a coordinated statewide marketing campaign, stronger incentives, better insurance discounts, and more use of local, utility, federal, and private funding sources.
The third and fourth panels addressed Cal Fire’s defensible space inspection program, the proposed defensible space financial assistance program, and broader state investments. Cal Fire said homes lacking compliant defensible space are far more likely to be damaged or destroyed and requested ongoing funding and staffing to stabilize inspections statewide; the LAO suggested the Legislature consider alternative funding sources such as GGRF or a reinstated SRA fee. Cal Fire and the State Fire Marshal explained that Zone Zero sets a minimum standard, local governments cannot go below it, and grant prioritization will favor jurisdictions that submit inspections. Cal Fire also said the new defensible space financial assistance program would focus on ember-resistant zone-zero work and, in the Southern California counties covered by the legislation, would assist about 3,125 homes at an estimated $8,000 per home. In the final panel, the State Fire Marshal described California’s layered strategy of parcel-level home hardening, defensible space, and neighborhood-scale mitigation, along with technical support, financial assistance, and incentives such as insurance discounts and builder marketing. The overall theme was that California must move from isolated efforts to a coordinated, science-based, and scalable statewide approach to reduce wildfire losses.
TX
Transcript Highlights:
- These funds will also help with projects at the State Cemetery.
- There are many other projects and initiatives going on.
- We have seen projects generating $2.5 billion of in-states... of, sorry, projects have generated 2.52
- On the slide where you can see there's a map that says T-MIT projects by county.
- So in the fall, they start working on their Texas History Day project.
NH
Transcript Highlights:
- Then we pulled back project anymore."
- >
literally there's some projects that literally there's some projects that literally were<00: - Project summary for you just of there.
- Are you is your $12.6 million<00:25:06.159>
projected million projected million projected transfer - . assuming all of our revenue projections. assuming all of our revenue<00:29:54.720>
projections