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FURTHER QUESTIONS, COMMENTS, COUNCILMEMBER LEFFINGWELL. SO A SIX YEAR BOND PACKAGE WITH TAX INCREASES AND ONE PENNY INCREASES IN THREE YEARS WOULD BE $600 MILLION, IS THAT CORRECT?

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FURTHER QUESTIONS, COMMENTS, COUNCILMEMBER LEFFINGWELL. SO A SIX YEAR BOND PACKAGE WITH TAX INCREASES AND ONE PENNY INCREASES IN THREE YEARS WOULD BE $600 MILLION, IS THAT CORRECT?

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YES. INCREASING THE TAX RATE ONE CENT OVER EACH OF THE FIRST THREE YEARS OF THE BOND PROGRAM. OKAY. AND SO THE DIFFERENCE BETWEEN A $500 MILLION AND A $600 MILLION IS JUST ONE PENNY INCREASE IN THE THIRD YEAR. YES IT IS. Leffingwell: THANK YOU.

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