Video & Transcript Research : 'replacement cost value'

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ND

North Dakota 2026 1st Special Session

Budget Section Leadership Division Jun 24th, 2026

Transcript Highlights:
  • So that's the value of doing this through the Research Council, the value of having the EERC put it all
  • would cost.
  • These are projects such as the boiler replacement, the window replacements at the Capitol grounds, and
  • Within the total cost, the construction costs, which are being provided by Mortensen, NDIT costs, which
  • And they would be under the soft cost then, state and soft costs? That $50 million? Mr.
Summary: The Budget Section Leadership Division met with a quorum and approved the March 18 minutes before hearing a series of informational updates. The Petroleum Council reported that North Dakota oil production is expected to remain relatively flat at just under 1.2 million barrels per day, with activity shifting northward in the Bakken as technology improves and three- and four-mile laterals boost well performance. The presentation also discussed oil and gas prices, gas taxation, flaring concerns, the importance of pipelines and other linear infrastructure, and enhanced oil recovery pilot projects supported by state and federal funding. Members asked questions about gas production taxes, natural gas liquids, and the outlook for drilling rigs and future production. The Office of State Tax Commissioner then reviewed the federal “big beautiful bill” and its estimated effect on North Dakota individual and business income tax collections. Staff explained that most of the individual income tax impact comes from the permanent increase in the standard deduction, while temporary provisions such as senior deductions, tip and overtime exclusions, and auto loan interest deductions have smaller or limited-term effects. They also noted that business tax changes, especially depreciation and expensing provisions, create a larger near-term cash impact, and that some FY25 collections likely reflected one-time oil field transactions that may have inflated the baseline used in earlier estimates. OMB provided updates on major capital projects and facility funding. For Capitol grounds improvements, officials described plans for 18th-floor renovations, wayfinding upgrades, public seating, lighting, tree management, and possible restroom and lobby reconfiguration, while also noting the governor’s residence security project and the discovery of human remains on the Capitol grounds. OMB and its consultants also reported on the state facility maintenance fund, including window replacement, boiler work, roof and foundation repairs, and a new facility conditions assessment covering more state buildings. Updates were also given on the new state hospital in Jamestown, the Minot state office building, and the use of federal state fiscal recovery funds, including possible future reallocations to the Department of Corrections. Finally, Legislative Council staff summarized the interim compliance report on legislative intent and trust fund activity, highlighting the status of lines of credit, Bank of North Dakota profit transfers, the statewide litigation pool, the new Office of Guardianship and Conservatorship, corrections planning, HHS program updates, and a likely future general fund request for the unemployment insurance modernization project. No formal votes were taken beyond approval of the minutes; the meeting was primarily informational, with members asking clarifying questions throughout.
MN

Minnesota 2025-2026 Regular Session

House Floor Session 4/9/26

Minnesota House Floor Meeting

Transcript Highlights:
  • We can look at, like, the cost of literally everything has gone up, the cost of hiring people has gone
  • of hiring people has gone up, the cost of hiring people has gone up, the cost<00:55:44.760> of
  • <01:18:36.080> on point out that this is a value on point out that this is a value on the<
  • your tab fees based on, not the value your tab fees based on, not the value that<01:18:56.960>
  • value that it's actually worth. value that it's actually worth.
Keywords: 1183, house
Summary: The House convened with prayer, the Pledge of Allegiance, roll call, and approval of the previous day’s journal. The chamber received Senate messages announcing a joint convention for the governor’s message and transmitting Senate Files 1251, 3769, and 3868. The House also introduced House Files 4868 through 4933 and adopted committee reports and comparison report motions without objection. The Rules Committee placed several bills on the calendar and required pre-filing of amendments for specified measures. On the calendar, the House passed Senate File 3602, which enacts the Uniform Electronic Estate Planning Documents Act and expands electronic signing to estate planning documents beyond wills. Supporters said it would help people who are homebound, hospitalized, or in rural areas and reduce uncertainty for banks and hospitals about electronically signed powers of attorney and health care directives. The bill passed 134-0. The House also passed House File 3516, a Board of Dentistry policy bill that updates licensure language, allows retired dentists to serve low-income uninsured patients, and increases the number of dental hygienists a dentist may collaborate with from four to eight; it passed 134-0. The House then passed House File 3528, a technical barbering bill that reduces training and retesting burdens, gives the board more testing flexibility, repeals duplicative rules, clarifies that waxing is not barbering, and makes other fee and registration changes; it passed 134-0. House File 3718, updating veterinary medicine and veterinary technology statutes, was amended to restore board seal language and then passed 134-0 as amended. Supporters said it modernizes definitions and standards, recognizes licensed veterinary technicians, and may help address veterinary shortages, especially in greater Minnesota. Finally, the House passed Senate File 3402, which broadens who may serve as a medical consultant for Community Health Boards to include additional licensed professionals such as DOs, physician assistants, and advanced practice registered nurses; it passed 134-0. The chamber also considered several motions to move bills between committees, including referrals involving veterans, education, health, and psilocybin-related legislation. A motion to suspend the rules for House File 4487 was presented, and the bill was described as providing a one-time $1 billion property tax rebate or credit, but the transcript cuts off during extended debate on that motion before any final disposition is shown.
KY
Transcript Highlights:
  • the best products relative to uh cost the best products relative to uh cost schedule<00:18:37.600
  • million in project costs. million in project costs.
  • <00:51:03.280> aging Marshall County will replace aging Marshall County will replace aging
  • 36,000 ft of worn rail, track, replace 36,000 ft of worn rail, and<00:51:24.880> replace<00:51
  • and replace more than 75,000 ties. and replace more than 75,000 ties.
Summary: The Budget Review Subcommittee on Transportation met without a quorum, so it could not approve the minutes. The chair announced an Eastern Kentucky University health forum later that day and then proceeded with testimony on alternative delivery methods for road projects. Jason Sawala of the Kentucky Transportation Cabinet and Chad Laroo of the Kentucky Association of Highway Contractors were sworn in and introduced themselves. Sawala explained KYTC’s use of alternative delivery tools, including design-build, construction manager/general contractor (CMGC), and public-private partnerships (P3s). He said the cabinet’s goal is to deliver the best value to taxpayers in terms of quality, cost, and time, and emphasized that alternative delivery is most useful on projects with special circumstances such as innovation needs, specialized technology, complex constructibility, schedule pressure, or early contractor input. He cited the cabinet’s wrong-way driving prevention project as an example where design-build helped evaluate technologies and coordinate with stakeholders such as EMS and first responders. He also outlined the main tradeoffs: alternative delivery can improve collaboration and sometimes accelerate schedules, but it also brings risks related to right-of-way acquisition, utility relocation, changing scope, and the need for dedicated staff and compressed decision-making. He stressed that these methods are not a cure-all and are not appropriate for every project, while noting that traditional design-bid-build remains effective for most of KYTC’s work. Representative Branscum responded favorably, saying early contractor involvement is valuable and consistent with his experience in the vertical construction world. No votes or formal actions were taken because the committee lacked a quorum.
ND
Transcript Highlights:
  • So that's the value of doing this through the Research Council, the value of having the ERC put it all
  • would cost.
  • Within the total cost are the construction costs, which are being provided by Mortensen, NDIT costs,
  • And they would be under the soft cost then, state and soft costs? That $50 million? Mr.
  • And they would be under the soft cost then, state and soft costs? That $50 million? Mr.
Keywords: 908, all
Summary: The Budget Section Leadership Division met with a quorum and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity in North Dakota. Ron Ness said production is expected to remain relatively flat at just under 1.2 million barrels per day, with efficiency gains and longer laterals helping offset lower rig counts. He discussed oil and gas prices, gas taxation, flaring concerns, northward movement of drilling activity, and the importance of new infrastructure and enhanced oil recovery (EOR) pilots. Members asked about gas taxation, natural gas liquids, pipeline impacts, and the outlook for Continental and other operators. Ness said the industry is likely to remain steady rather than see a major ramp-up or decline. Matt Pearl of the State Tax Department then explained the federal “big beautiful bill” and its effect on North Dakota income tax collections. He said the law extends or makes permanent several federal provisions and creates temporary deductions for seniors, tips, overtime, and auto loan interest, with the biggest state impact coming from the standard deduction increase and business tax changes. He revised earlier estimates downward, saying the net cash impact on state collections is likely in the $30 million to $35 million range after accounting for business prepayments and one-time FY25 oilfield transaction effects. Committee members asked which provisions apply to standard versus itemized returns. OMB staff gave a detailed update on major capital projects and facility funding. Topics included Capitol grounds improvements such as 18th-floor renovations, wayfinding, seating, lighting, tree management, and restroom and lobby upgrades; security work at the governor’s residence, which has been delayed by the discovery of human remains; and space reconfiguration efforts in Bismarck-Mandan to reduce leases and create shared offices and conference rooms. They also reported on the State Facility Maintenance Fund, including roof, window, boiler, and kitchen projects at state facilities, and on the state hospital project in Jamestown, which remains on budget and on schedule for substantial completion in winter 2027 and opening in spring 2028. OMB also updated the committee on the Minot North Central State Office Building, the use of federal State Fiscal Recovery Funds, and the status of legislative intent and trust fund reports, including school aid turnback, the school construction loan program, the Foundation Aid Stabilization Fund, the Legacy Fund, and the Strategic Investment and Improvements Fund. The committee ended by discussing future agenda items, including government efficiency, cash management, Bank of North Dakota lines of credit, and the rural health transformation program, and then adjourned.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Telecommunications, Utilities and Energy Jun 21st, 2026 at 01:00 pm

Joint Committee on Telecommunications, Utilities and Energy

Transcript Highlights:
  • replacement plans.
  • And repair of large leaks is far more cost-effective than pipe replacement by a factor of 200.
  • Cost-effective than pipe replacement by a factor of 200.
  • So is there any contemplation in the bill of sort of a cost-benefit analysis or cost to consumers?”
  • 50% of costs on all bills.
Keywords: 995, all
Summary: The hearing focused on several climate and utility-related bills, especially H. 3449/S. 2292 to expand the municipal fossil fuel-free building demonstration program from 10 to 20 communities and related home rule petitions for Somerville and other municipalities. Witnesses from Somerville, Salem, Worcester, Cambridge, Newton, Arlington, Wellesley, Watertown, and the Massachusetts Municipal Association argued that local governments should be allowed to opt into fossil fuel-free or net-zero building standards, citing climate goals, environmental justice concerns, housing production, and data showing all-electric construction can cost about the same as or less than mixed-fuel construction. Committee members repeatedly pressed witnesses for cost data and asked for written follow-up, while also discussing whether strong environmental standards affect housing supply; witnesses responded that the main housing constraints are financing and that they would provide more data from local projects and state studies. A second major topic was H. 3564, which would require gas companies to provide municipalities with detailed multi-year pipe replacement plans, allow local review and objections, and limit reimbursement for projects not previously disclosed except in emergencies. Municipal leaders and advocates said the bill would improve coordination of street work, reduce disruption and costs, and help cities plan for electrification, network geothermal, and non-pipeline alternatives. Testimony from Wellesley, Cambridge, Arlington, Newton, and others emphasized repeated problems with last-minute gas main work, the need for advance notice, and the value of municipal participation in planning gas system retirement and alternatives. The committee also heard testimony on the “tactical transition” bills, S. 2249/H. 3539, aimed at managing the gas-to-clean-energy transition. Supporters from Gas Transition Allies, Rewiring America, and 350 Mass said the bills would require joint gas-electric planning, create an advisory council, eliminate subsidies for new gas hookups, shift investment toward repairs and clean alternatives, protect workers through retraining, and make utility plans more transparent. They argued these changes would reduce ratepayer costs, avoid stranded gas assets, and support orderly decarbonization. In addition, HEET testified on H. 3541, which would update greenhouse gas accounting to better reflect methane’s short-term climate impact, and H. 3543, which would establish a framework for managing shared thermal resources and thermal energy networks; committee members asked several questions about the meaning, ownership, and consumer-cost implications of the proposed “thermal commons.” No votes were taken during the hearing.
TX

Texas 89th Regular

Ways & Means Apr 21st, 2025

Ways & Means

Transcript Highlights:
  • Costs they're not some operating costs that goes off into the ether and the same thing would be true
  • So, we're not taking, you know, an existing tower and replacing it and saying, hey, we're going to replace
  • replace, but repair.
  • This is a hidden cost.
  • Oh, the costs, you know, go up.
FL

Florida 2026 4th Special Session

January 27, 2026 - 03:00 PM

Transcript Highlights:
  • Because the cities' costs are going to go up.
  • Was there any discussion about doing this differently so it keeps up with the cost, the rising cost of
  • This is a taxable value issue.
  • spread between their property value and their assessed value, their assessed value increased so their
  • How are you replacing those dollars?
CA
Transcript Highlights:
  • growth adds another $92 million in cost for a total two-year cost of over... ...graduate enrollment
  • growth adds another $92 million in cost for a total two-year cost of over $1 billion.
  • This means that over time, the replacement of nonresidents also represents an opportunity cost for the
  • There was a cost to that.
  • the tuition cost there.
Summary: The Assembly Budget Subcommittee on Education Finance, chaired by Assemblymember Alvarez, held a hearing focused on University of California budget issues. The committee reviewed UC core operations funding, enrollment trends, federal funding threats, Title IX implementation, and basic needs support. Major themes included the end of the Governor’s multi-year UC compact, the state’s fiscal outlook, UC’s enrollment growth, and the potential impacts of federal policy changes on research, health care, and student aid. On core funding, the Department of Finance described the Governor’s proposal to continue compact-related support, defer some payments, and authorize a cash-flow loan. The LAO recommended a smaller or no base increase, earmarking some funds for capital renewal, retiring deferrals when possible, avoiding new compact commitments, and funding UC annually rather than through compacts. UC argued that the compact has supported enrollment growth, student services, and operating costs, but said campuses face rising expenses, structural deficits, and limited reserves. Members questioned the effects of deferrals on students and discussed the need to prioritize less harmful reductions if cuts become necessary. The enrollment panel focused on UC’s growth in California resident enrollment and the nonresident replacement plan at Berkeley, UCLA, and UC San Diego. The LAO recommended maintaining the current enrollment target, funding enrollment separately from base increases, pausing the nonresident replacement plan, and holding enrollment flat in 2027-28. UC said it has already met compact enrollment goals, grown California undergraduate enrollment by about 18,800 students, and that further growth depends on ongoing state support. The committee also discussed the cost of enrollment growth, possible differential nonresident tuition, and a reporting request for UC to analyze the nonresident replacement approach; the motion to adopt supplemental reporting language passed. The hearing also covered federal funding risks, with the LAO and UC warning that federal changes could affect research grants, medical center reimbursement, and student financial aid. UC said research cancellations and suspensions are disrupting labs and graduate student support, while federal health policy changes could increase uncompensated care at UC hospitals. In the Title IX update, UC described its systemwide civil rights structure, annual student training, and campus support offices, and members praised the work while asking about ongoing concerns and intersegmental collaboration. The final basic-needs item began with Finance stating the Governor’s budget does not change ongoing support, but the transcript cuts off before further discussion or action.
NM
Transcript Highlights:
  • We worked with them on a project that involved some fiber replacement.
  • Representative, the cost varies. It varies on the location.
  • This is a huge value-add and cost-saving effort embedded in this, which just helps the state in its 2035
  • Use, and thus do not vary by the actual costs imposed on the Department of Transportation, which replaces
  • We've got quite a few semis, and it ends up being to the owner's cost.
TX
Transcript Highlights:
  • costs, which is 80% of your loan to value.
  • If you go below that, you won't get a replacement cost.
  • We've never tracked CPI or any other metrics—I mean, tracked it to the replacement cost.
  • costs, which is 80 percent of your loan to value, or your insurance to value.
  • We've never tracked CPI or any other, I mean, tracked it to the replacement cost.
Keywords: 1185, senate, all
KY
Transcript Highlights:
  • And those of you who have replace.
  • it it would cost probably half of what it would<00:56:14.160> cost<00:56:14.480> to<00:
  • would cost to to rebuild it. would cost to to rebuild it.
  • with inflation uh and also rising cost with inflation uh and also rising cost uh<01:05:05.680>
  • ><01:17:56.800> deliver<01:17:57.040> to<01:17:57.199> our value the value that
Summary: The meeting opened with prayer and the Pledge of Allegiance, followed by a roll call establishing a quorum. The committee then approved the prior meeting’s minutes. Members were reminded to silence cell phones, and the chair noted an informational item on capital plan amendments made by state agencies during the latest revision period before moving to university capital plan presentations. Eastern Kentucky University President David McFaden outlined EKU’s enrollment growth, strong Kentucky student retention, and signature programs in nursing, occupational therapy, criminal justice, education, manufacturing engineering, and aviation. EKU’s main capital priorities were a new health innovation project to support a proposed osteopathic medical program, including a $50 million escrow requirement until accreditation; a collaborative center for health innovation to address outdated health sciences facilities; a $5 million startup request for an air traffic control program; aircraft upgrades for the aviation fleet; and continued asset preservation funding. In response to questions, EKU said roughly 40% of the new health facility would be dedicated to the medical school, with shared simulation space for multiple health programs, and that aviation maintenance needs are currently being met through KCTCS partners but could be expanded if demand grows. KCTCS representatives then described the system’s scale and capital needs, noting service to 107,000 students, extensive dual credit and workforce training, and a network of 342 buildings across 70 campuses. They said prior legislative support, including $277 million in asset preservation and $90 million released for approved projects, had helped with safety, roofs, energy efficiency, and campus security. Their current priorities include about $30 million for systemwide safety and security upgrades, renovations tied to consolidation and footprint reduction under Senate Joint Resolution 179, and broader asset preservation needs estimated at roughly $300 million to $325 million. Members discussed the need to preserve and expand skilled trades training, and KCTCS said its plan includes construction trades and flexible, multiuse facilities that can adapt to changing workforce needs. No votes were taken beyond approval of the minutes, and the presentations concluded with questions and discussion only.
MN
Transcript Highlights:
  • amount of value that brings to the state.
  • <00:36:11.319> at Minnesota the soybean crop is valued at Minnesota the soybean crop is valued
  • year 22 to 23 uh that is pre any value year 22 to 23 uh that is pre any value added<00:36:18.000
  • Paul Airport as a drop-in replacement for petroleum-based jet fuel.
  • Paul Airport as a drop-in replacement for petroleum-based jet fuel.
Keywords: 1183, house
Summary: The committee heard testimony on sustainable aviation fuel (SAF) and Minnesota’s efforts to build a SAF industry. Andrea Veble of the Minnesota Department of Agriculture said the Walz administration strongly supports SAF because it could benefit agriculture, forestry, clean energy, and rural economies. She highlighted the 2023 state SAF tax credit and sales tax exemption for facility construction, describing the credit as a nation-leading incentive designed to stack with federal IRA credits and attract producers and blenders to Minnesota. Jeff Davidman of Delta Airlines said aviation is difficult to decarbonize and that SAF is the airline industry’s best available tool to reach net-zero goals by 2050. He explained that SAF is a certified drop-in fuel that can be blended with conventional jet fuel and used in existing aircraft and infrastructure, and he cited growing global demand and limited supply. He said Minnesota has many potential feedstocks, including used cooking oil, corn, soybeans, and camelina, and praised the state’s SAF tax credit and the Minnesota SAF Hub as important steps toward making Minnesota a leader in the sector. Peter Fros of Greater MSP described the Minnesota SAF Hub as a public-private partnership aimed at building an industrial-scale SAF value chain in Minnesota. He said the state has key advantages, including airport demand, corporate partners, research institutions, and agricultural inputs, and estimated that three SAF biorefineries could create tens of thousands of jobs and significant emissions reductions. He also said the Hub is working on blending infrastructure, private demand commitments, a winter camelina expansion study, and efforts to secure additional refineries before 2030. Members raised questions about how sustainability is measured, and Fros said the Hub relies on the federal GREET model but wants a clearer, transparent, and standardized national method that also accounts for issues like water quality and biodiversity. Amanda Bellik of the Minnesota Corn Growers Association said corn-based ethanol is a strong fit for SAF production through the alcohol-to-jet pathway because it is abundant, affordable, and supported by existing infrastructure. She said SAF development could create a new value-added market for corn without requiring new acres, but emphasized the need for significant capital investment, stable tax policy, and efficient permitting. She also said the group has worked with a consultant on third-party sustainability assessments of corn production practices to help fill data gaps and support the carbon-intensity requirements tied to SAF incentives.
KY
Transcript Highlights:
  • purchasing<00:15:02.639> that um development costs, purchasing that um development costs,
  • <00:15:09.199> and do have a breakdown of those costs and do have a breakdown of those costs
  • How insufficient or needs replacement?
  • Are you replacing that equipment?
  • cost is involved? cost is involved?
Summary: The House Budget Review Subcommittee on Personnel, Public Retirement, and Finance heard a presentation from the Commonwealth Office of Technology on legacy IT modernization funds and how they are used to address outdated, unsupported, or unsustainable systems. David Carter and Carrie Welch explained the state’s definition of a legacy system under KRS 7A.180, emphasizing not only vendor support issues but also changing business needs, regulatory compliance, and the loss of institutional knowledge for older systems. They described the office’s review process for determining whether a project qualifies, including assessing business risk, comparing options such as upgrades, replacements, shared solutions across agencies, or commercial products, and then matching the project to available funding. The presenters said COT reports twice a year to the Interim Joint Committee on Appropriations and Revenue on progress with legacy modernization projects. They reported 30 projects funded to date, with 18 completed, and said remaining projects are still moving forward while agencies continue to identify modernization needs. They highlighted examples of completed work, including modernized security cameras, replacement of unsupported systems, migration of documents to the Commonwealth Enterprise Content Management Platform, restoration of vendor support, a digital policy acknowledgement portal, replacement of the State Police dispatch system, and digitization of paper records for faster retrieval and better disaster resilience. Members asked for more detail on how the $10 million request would be allocated, including system-by-system spending, the split between software, hardware, vendor contracts, and staff time, and how the office determines when a system needs replacement. COT said it did not have a system-by-system or cost-category breakdown at the hearing but could provide one later, and explained that the funds are intended for development and first-time acquisition costs rather than ongoing maintenance. They also said the $5 million annual request was based on prior years’ experience and that agencies often contribute some funding themselves, so the program could still operate if appropriated less than the full amount. The committee then approved the minutes and adjourned.
NH
Transcript Highlights:
  • and he would like that replaced with Mr. and he would like that replaced with Mr.
  • The value of standing timber is not keeping up with the cost of operating.
  • new ways to value to get value from new ways to value to get value from their<00:12:21.920> past
  • extra value on that existing footprint? extra value on that existing footprint?
  • higher value product? higher value product?
Keywords: 928, house, all
Summary: The meeting opened with roll call and approval of the prior minutes, including a requested correction to Thomas Han’s statement about a Granite State Division of the Society of American Foresters subcommittee studying the timber yield tax and current use forest land tax assessment formula. The correction was adopted, and the minutes were then approved as amended. The main agenda item was a hearing of landowners on forest taxation and carbon credits. Several scheduled speakers canceled, so the committee received a letter from Ross Karen, a Coos County landowner and forester, who opposed carbon credit sales because of “leakage” and argued that diverse local markets and productive forests are better than carbon sales. Aean Kelly of White Mountain Lumber and the Randolph Town Forest also testified, saying many Coos County landowners and forest managers have declined carbon credit offers because they do not fit New Hampshire’s working-forest tradition. He argued that carbon agreements should be treated on a level playing field with traditional harvesting and that, if they are to be encouraged, they should face a fiscal adjustment comparable to the timber tax. Kelly also gave a detailed history of the timber tax, explaining that it was created in 1948 to replace uneven local property taxation on standing timber, discourage clearcutting, and stabilize the tax base while preserving working forests. He said the tax was intended to be collected when timber is harvested, not to stop logging, and that a later commission found the 10% rate roughly matched the revenue towns lost. In response to questions, he said pre-1948 assessments varied widely by town and tax collector, and that carbon projects today are already being valued by sophisticated models, so he believes carbon should be included in the assessment system. He also said short-term carbon agreements may simply monetize existing forest value, while 100-year agreements raise enforceability concerns. No votes or other formal actions were taken beyond approving the amended minutes.
ND

North Dakota 2026 1st Special Session

Water Topics Overview Committee Mar 26th, 2026 at 09:00 am

Water Topics Overview Committee

Transcript Highlights:
  • Recommended option number one considers 25% cost share for eligible replacement projects, supported by
  • of cost-share policy.
  • And lastly, feasibility, benefits, and trade-offs: effort, cost, and implementation risk versus value
  • Cost share percentages.
  • those costs for locals.
Keywords: 908, all
NM

New Mexico 2025 Regular Session

IC - Investments and Pensions Oversight Oct 8th, 2025

Investments & Pensions Oversight Committee

Transcript Highlights:
  • And so, if we look at the cost of living adjustments, essentially, those cost of living adjustments are
  • So, if we replaced your current profit-sharing model with a 2% COLA, what would the cost of that be?
  • What's the cost if we just did away with the profit-sharing COLA and replaced it with a 2% guaranteed
  • Um, something that had a cost savings, combined with something that may have a cost.
  • , we're taking cost savings and then adding an increase in cost.
TX

Texas 89th Regular

Delivery of Government Efficiency Apr 2nd, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • that cost us money.
  • Will these sections deal with cost and cost estimates, and as I said, will be removed.
  • hard dollar costs and drive cost out that we know of And then, based upon your paper, Dr.
  • The NOx to monetary value?
  • the value.
OK
Transcript Highlights:
  • But as we learn to listen, our constituents feel valued. They feel appreciated.
  • At much less cost to the individual teacher and provided as a benefit.
  • and better manage what the cost is, versus just cutting us off at the knees.
  • are so high, and Identifying specific, surgically pointed opportunities for cost management.
  • Costs for providing healthcare to this population. Is it diabetes? Is it smoking? Is it COPD?
OK
Transcript Highlights:
  • authorization from the Oklahoma Turnpike Authority to build a bridge over the Arkansas River and replaces
  • The word 'exception' has been removed, and 'suitable alternative' has replaced that word.
  • For follow-up, so if the average cost of plugging wells is around $25,000 per well, the state already
  • Yes, that is the average cost. Some of these may be more; some may be slightly less.
  • equipment at a zero value after four years when there may be still considerable value in that.