FY 23 Approved Budget Book

COUNTY COUNCIL HarfordTV Index #406000

FINANCIAL NOTES:

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE

PERSONAL SERVICES increase $80,017

48,066

48,066

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

101,655

108,301

6,646

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

5,013

3,961

(1,052)

Workers' Compensation Adjustment

27,000

28,720

1,720

RHS (Retirement Health Savings)

7,147

7,147

OPEB (Other Post Employment Benefits)

18,268

18,268

27th pay costs

44,115

44,042

(73)

Pension adjustments

267,410

270,410

3,000

CONTRACTUAL SERVICES increase $3,000 Additional funds are provided website maintenance and server costs as requested by the County Council

626