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Fiscal Year Commitment Rates and Project Completion Timelines
2:32:24
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42 sec
A member of the panel giving testimony reveals a 40% commitment rate for the current fiscal year out of a projected $3.4 billion, with expectations for an increase as more projects conclude.
Speaker 8
2:32:24
And then, Jared, regarding that commitment rate, our fiscal year 23 commitment rate was approximately 2,700,000,000, which is 2,700,000,000.
2:32:32
Out of 2,700,000,000
Speaker 1
2:32:34
or 1,000,000,000
Speaker 8
2:32:35
the B, we had approximately 79%.
2:32:38
For this fiscal year based on the September plan, we're at approximately 1,000,000,000 out of 3,400,000,000.
2:32:45
So that's about 40%.
2:32:46
We do expect that number to go up as we a lot of our projects finish up towards the end of the fiscal year.
Speaker 1
2:32:54
Thank you.
2:32:58
And then the You got it.
Speaker 5
2:33:03
I I was just gonna close and
Speaker 1
2:33:06
Oh, no.