ms. kirkpatrick talked about. the bottom line here is the growth in c.p.i. of inflation. it's about 3% a year. it really depends. on top of it, the red line is showing the city's per f.t.e. cost of compensation. it's growing guy as fast as inflation. mainly because of pension and health. also underlying wage increases. it's folding together all the things that the employer pays for. significantly, it's much more than wage increases. pension and health growing faster than inflation that really drives this. not necessarily unfamiliar to other jurisdictions. we've mentioned the city is negotiating with all the miscellaneous labor organizations. that's 28 agreements that will be effective on july 1st. that will depending on the outcome of the negotiations that could change our forecast. we've assumed as discussed just as a placeholder for planning purposes a number forecast c.p.i. for the bay area. any variance from that increase or decreases are projected in the shortfall. ms. kirkpatrick mentioned the forecast is assuming the recession. it's pretty hard to time one. there's

ms. kirkpatrick mentioneds, eraf supplemental i was approved after the issuance of this report. some of the things that we have our eye on that would change these projections going forward. the city has not yet issued a audited financial statement for fiscal year 17-18. we're trying to bring that to a close this month to the extent that our auditors require us to restate anything this can change our numbers. we'll reflect that in the next report to you. i mentioned some of the revenue changes that the department of public health will be keeping our eye eye on that as well. lastly, the city received a number of payments from pg&e. some of them were general fund tax payments. they also pay property and bids business tax to the city as well as remittance for clean power. we're currently assuming that those payments will be possibly delayed but not materially affected if the current fiscal we'll be coming to you shortly updates. the five-year financial plan will be updated this month in another week or so, i think it will be issued. comptroller's audited financial statement for th t

ms. kirkpatrick. >> thank you so much for being here. both my husband and i are attorneys, and so is my oldest son, and we not only read your opinions, we debate them at the dinner table and we appreciate you taking the hardest cases and your excellence in real writing we as a family very much appreciate that and being from arizona, we're very fond of former supreme court justice sandra day o'connor, and justice alito, it's a pleasure to hear from you today, as her successor, not replacement, you can't replace sandra day o'connor, but thank you again, both, for being here. my question involves financial disclosure. supreme court justices like all federal judges file an annual financial disclosure report each may. but unlike members of congress, these reports are not posted online. would you support a change in policy to online disclosures? >> as a practical matter, they are available online. almost as soon as they are released to the public. there are private groups that request all of the financial disclosure forms of the justices, as s

ms. kirkpatrick, and a member opposed, will each control five minutes. the gentlewoman from arizona. mrs. kirkpatrick: i thank mr. sarbanes for his persistent work on this legislation. we have an opportunity here to reduce the role of dark money in politics and make it easier for americans to participate in our democracy. this is not a partisan issue. this is an american democracy issue, and h.r. 1 is the best solution to cleaning up corruption in washington. i'm proud of my colleagues for working on this historic and necessary package. you see, madam speaker, i ran as a publicly funded candidate in arizona under our public financing law called clean elections when i first ran for the legislature. this meant i had to go out and get a certain number of $5 contributions from constituents in my district which i then turned in to get my public financing. it was the same for everyone who was running as a clean election candidate, regardless of party. it equalized everything. . one of my favorite stories, i was walking from my law office down to the post office to check my mail and this cow