Harford County, Maryland FY 24 Proposed Operating Budget

TREASURY Office of the Treasurer Index #041000

FINANCIAL NOTES:

FY 23 FY 24 CHANGE EXPLANATION OF INCREASE/DECREASE

PERSONAL SERVICES decrease ($177,769)

558,768 540,480 (18,288) Full-Time Salaries (18,325)

Turnover

37

Salary Adjustments

(18,288)

(109,229) (109,229) The net result of full-time transfers between divisions of Treasury: Salary Fringe Total (69,139) (40,090) (109,229)

23,135 0 (23,135) 27th Pay Costs 61,464 61,809 345 Pension Adjustments 1,900 1,319 (581) Workers' Compensation adjustment

119,465 97,521 (21,944) Health Benefit calculations adjusted for consistency in position budgeting 13,575 15,924 2,349 OPEB (Other Post Employment Benefits)

21,540 15,655 (5,885) RHS (Retirement Health Savings) 36,987 35,586 (1,401) FICA adjustments

4,415 5,600 1,185 CONTRACTUAL SERVICES increase $1,185

Funding provides for telephone service, fax service, and other professional services

184