FY 23 Approved Budget Book

TREASURY Bureau of Revenue Collections Index #044000

FINANCIAL NOTES:

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE

PERSONAL SERVICES increase $342,396

528,566

536,711

8,145

Full-time salaries 8,145

Turnover

141,100

159,880

18,780

Temporary salaries provide for additional seasonal help

27,962 28,024 132,054

27,962 28,024 132,054

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

27th Pay

The net result of full-time staff transfers between divisions of Treasury: Salary Fringe Total 77,482 54,572 132,054

61,892

75,811

13,919 (1,427) 78,982

Pension adjustments

2,478

1,051

Workers' Compensation adjustment

194,590

273,572

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

25,539 35,900 59,217

25,539

OPEB (Other Post Employment Benefits)

33,750 51,229

2,150 7,988

RHS (Retirement Health Savings)

FICA Adjustments

79,975

79,700

(275)

CONTRACTUAL SERVICES decreased ($275) Office Equipment and Office Equipment service increased slightly offset by decrease in Other Prof Services

SUPPLIES AND MATERIALS decreased ($45)

119,875

119,830

(45)

General Office Supplies, Commercial printing and Office Mailing decreased based on actual expense history

5,330

5,300

(30)

BUSINESS AND TRAVEL decreased ($30) Mileage, Tolls, Lodging, Membership fees and Training decreased slightly

277