Quote:
Originally Posted by Finger Cookin
The PA used its escalator clause this year, and the cap only went up by 3.5%. And the PA almost didn't use the escalator clause.
A 5% bump up to a $75M cap is no sure thing.
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Okay, thats my bad, I thought the PA's automatic escalator bump was 5%. But whatever amount it is you can rest assured they'll use it every single year they can.
Its basically their mandate.
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