FY 23 Approved Budget Book

LAW Risk Management Index #054000

FINANCIAL NOTES:

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE

PERSONAL SERVICES increase $15,396

158,867

150,550

(8,317)

Full-time Salaries

(90) salary adjustment

(8,227) turnover (8,317)

33,304

28,021

(5,283)

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

0

18,342

18,342

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

17,475

16,561

(914)

Pension adjustments

0

6,869

6,869

27th Pay Costs

0

5,656

5,656

Other Post Employment Health Benefits (OPEB)

12,153

11,517

(636)

FICA adjustments

CONTRACTUAL SERVICES no change in funding over FY 22 Funding for Telephone Service, fax and office equipment

1,775

1,775

0

1,935

1,935

0

SUPPLIES AND MATERIALS no change in funding over FY 22 Funding for General Office Supplies, Printing Commercial and Safety Equipment BUSINESS AND TRAVEL no change in funding over FY 22 Funds provide for membership fees, vehicle and fuel based on actual expense history

9,775

9,775

0

297