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Finance Highlights 2011 0506
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Finance Highlights 2011 0506
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Last modified
6/2/2011 3:56:37 PM
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6/2/2011 3:54:58 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
5/6/2011
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_CC Agenda 2011 0606
(Reference)
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\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0606
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5/5/2011 <br /> d$ Salary and Benefit Assumptions <br /> Net Increase $61,921 or 0.4% <br /> COLA: No adjustment (Effective January 2012) <br /> -) 401A Contribution: None <br /> Dental premium: No change from FY 2010 -11 <br /> .I. Overtime: 9.3% decrease due to new hires <br /> 'j` Health premiums: 7.0% increase ( Effective January 2012) <br /> J' PERS: Safety - 24.532%, 4.018% increase from FY 10 -11; Non - <br /> safety - 10.951%, 0.953% increase from FY 10 -11 <br /> T County Workers' Comp: 21.7% increase from FY 10 =11 for <br /> contract agencies <br /> Dedicated to Su • crier Service _ <br /> WIN Constant Staffing Overview <br /> • <br /> Constant staffing utilizes the minimum number of personnel <br /> to maintain established staffing levels <br /> Pros Cons <br /> Greater efficiency based on <br /> reduced benefit burden Possibility of increased leave use <br /> Reduces difficulty of vacancy Requires greater management <br /> projections oversight <br /> Staffing based on identified Increased overtime cost results <br /> need. Reduces unnecessary in confusion over fiscal <br /> specialized compensation. management. <br /> Reduced training, and services Increased mandatory overtime <br /> and supplies and longer work hours <br /> Approx. 5% cost savings to pay OT vs. full cost <br /> Dedicated to Su • edor Service .. <br /> 7 <br />
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