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California in Crisis. "What the story doesn't report is that the general fund cost of employee salaries and benefits in that county has grown by 25 percent in the past three years, from $466 million in 01-02 to $586 million for 04-05. Salaries and benefits as a share of the county's budget, meanwhile, have grown from 38 percent to 53 percent. Much of that has to do with Contra Costa's increasing pension costs, which are a leading indicator for the rest of the state .. ". More -- California Insider, "The story behind the story". Posted by Greg Ransom | TrackBack