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re: Junior Galette Restructured
Posted on 3/1/15 at 5:46 pm to MannyG
Posted on 3/1/15 at 5:46 pm to MannyG
Yup. Basically it gets prorated over the last 5 years (including this year) so $2.5m is added to each year(and the original $12.5m is subtracted from this year).
So this year that's a savings of $12.5m less the $2.5m for a total of $10m in savings.
So this year that's a savings of $12.5m less the $2.5m for a total of $10m in savings.
1
Posted on 3/1/15 at 7:18 pm to bonethug0108
So we will only be about 16 over the cap... 
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