FY 25 Harford County Government Proposed Operating Budget

DIVISION SUMMARY BY CHARACTER

Office of the Treasurer by Character

FY 22 Audited

FY 23 Audited

FY 24 Approved Budget

FY 25 Proposed Budget

SALARIES AND WAGES CONTRACTUAL SERVICES SUPPLIES AND MATERIALS BUSINESS AND TRAVEL

$722,991 $4,992 $4,319 $14,008

$714,935 $3,219 $5,888 $12,021

$660,365 $5,600 $5,900 $16,250

$710,963 $4,900 $5,900 $16,950

CAPITAL OUTLAY MISCELLANEOUS

$1,424

$0

$0 $0

$0 $0

$0

$27,362

INTER-GOVERNMENTAL / INTER-FUND EXPENDITURES

$0

$0

$500

$500

TOTAL

$747,734

$763,425

$688,615

$739,213

DIVISION SUMMARY BY FUND

Office of the Treasurer by Fund

FY 22 Audited

FY 23 Audited

FY 24 Approved Budget

FY 25 Proposed Budget

(011) GENERAL FUND

$747,734 $747,734

$763,425 $763,425

$688,615 $688,615

$739,213 $739,213

TOTAL

FINANCIAL NOTES PERSONAL SERVICES INCREASES $50,598 Full-time salaries increase $19,247 Salary Adjustment - $5,001 FY 24 COLA - $14,246 FY 25 COLA of 1% and merit increase of $1,000 to all eligible employees - $10,433 Pension increase of $4,667 based on actuals Health benefts adjusted $6,900 based on 10% cost increase Other Post Employment Benefts (OPEB) and Retirement Health Services (RHS) adjusted $2,633 based on actuarials FICA adjusted $6,968 based on actuals CONTRACTUAL SERVICES DECREASES ($700) Other Professional Services decreased based on actual expense history SUPPLIES & MATERIALS - No Change

BUSINESS & TRAVEL INCREASES $700 Mileage and Meals increased based on actual expense history MISCELLANEOUS - No Change

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