@ http://emma.msrb.org/MS121150-MS96458-MD187579.pdf (page 129)
So I simply multiplied the 18 billion dollars by the 15.7% 5 year average that is represented on the Santa Barbara Grand Jury chart below. My calculations show the fund value for 2000 should exceed 38 billion dollars and not just the 30 billion as was reported. California needs teachers and law enforcement counselors and relevant educational opportunities for our children . We should not be funding and refunding something the tax payers have already paid for.
If you are @
|Why will we so freely accept a 1 Billion dollar UAAL debt until at least 2028, and not consider my theory that the money is not missing?|
- Fiscal Year 1996-97 (Summary)