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Higher Spending 3.0% • Recent Labor Memorandums of Understanding <br />(MOUs) have averaged around 3% annual <br />COLAs, higher for safety <br />Moderate Spending 2.0% • Federal Reserve's core inflation goal is 2% <br />Lower Spending 1.0% Half of the Federal Reserve's core inflation goal <br />of 2 % <br />Citywide Staffing Trends (Total FTE) <br />550 <br />500 <br />450 <br />- <br />400 <br />- <br />350 <br />300 <br />00 0102 03 04 OS 06 07 08 09 10 11 12 13 14 15 16 17 18 19 <br />Annual FTE Change <br />60 <br />10 <br />N N <br />(40) <br />0 0 0 F7 <br />U' CC N <br />- - - - <br />(90) <br />00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 <br />• Significance: <br />Determines level of service, ability to <br />respond to growth and higher workload <br />demands <br />• Context: <br />3 Initial loss of 20% (-102 Full Time <br />Equivalents) from pre -Great Recession <br />peak for all funds <br />* General Fund has added back 33 <br />positions, an average of 4.2 FTE/year, <br />over past 8 years <br />Approximately 4% of General Fund <br />positions are currently vacant 16 <br />