FY 23 Approved Budget Book

ADMINISTRATION

FINANCIAL NOTES:

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE

PERSONAL SERVICES increase $656,341

3,345,328 3,327,475

(17,853)

Full-time salaries 29,578

Salary adjustments

(47,431) (17,853)

Staff Turnover

(1.42)%

75,800

75,800

0

Temporary Salaries - provides for a full time apprentice as well as summer interns and two part-time apprentice for facilities & operations

380,906

380,906

FY 23 merit increase 3% and COLA of 7% for all eligible employees

385,570

383,606

(1,964)

Pension adjustments

923,156

945,263

22,107

Health Benefits are adjusted for a cost increase as well as staff opting for changes in level of coverage

127,920

135,660

7,740

RHS (Retirement Health Savings)

0

129,865

129,865

OPEB (Other Post Employment Benefits

43,855

35,282

(8,573)

Workers' Compensation adjustment

0

151,020

151,020

27th Pay Costs

223