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<br /> 1 II:AS.AN 1i)N€
<br /> BUDGET SUMMARY
<br /> 2013/14FY&2014/15FY Operating Budget
<br /> Analysis of Expenditures by Category
<br /> General Fund expenditures are estimated to be $90.9 million in 2013/14FY, a 2.2% increase
<br /> over the 2012/13FY Midyear Budget and $93.1 million in 2014/15FY, a 2.4% increase over the
<br /> proposed 2013/14FY Budget.
<br /> The following table summarizes the Budget changes in each expenditure category.
<br /> 2012/13FY
<br /> 2010/11FY 2011/12FY Midyear 2013114FY % 2014/15FY %
<br /> Expenditure Category Actual Actual Budget Budget _Change Budget Charge
<br /> Personnel $65,175,403 $67,685,003 $67,579,303 $69,932,286 3.5% $72,402,199 3.5%
<br /> Transportation&Training 1,310,238 1,298,562 1,821,806 1,751,671 -3.9% 1,758,445 0.4%
<br /> Repairs&Maintenance 2,591,622 2,245,136 2,569,073 2,883,098 12.2% 2,883,608 0.0%
<br /> Materials&Supplies 12,860,364 14,301,535 16,476,579 15,697,816 -4.7% 15,446,794 -1.6%
<br /> Capital Outlay 491,051 564,176 457,059 591,316 29.4% 571,416 -3.4%
<br /> Prior Year Exp 158,082 17,228 - -
<br /> Total $82,586,760 $86,111,640 $88,903,820 $90,856,187 2.2% $93,062,462 2.4%
<br /> Personnel
<br /> Personnel costs represent 77% of the General Fund Budget and are increasing 3.5% in
<br /> 2013/14FY and 3.5% in 2014/15FY. The Personnel cost increases include step increases
<br /> pursuant to existing labor contracts, salary increases pursuant to existing labor contracts,
<br /> increases in health and other benefit costs, increases in PERS rates (see PERS Rate History
<br /> Table on the following page), and increases in annual funding of the retiree medical reserves
<br /> (OPEB) and worker's compensation reserves. No assumptions have been included in the
<br /> Budget for additional increases in labor costs after labor contracts expire as follows:
<br /> • LPFD - IAFF June 30, 2014
<br /> • Police - POA May 31, 2014
<br /> CaIPERS Rates for retirement benefits are projected to increase in 2013/14FY and in
<br /> 2014/15FY as shown in the PERS Rate History Table below. These increased rates are
<br /> included in the Operating Budget.
<br /> PERS RATE HISTORY- Employer Rates
<br /> MIsciMgmt Safety-Rre Safely-Police
<br /> Rate Rate Rate
<br /> 2014/15(projected) 25.200% 37.400% 28.000%
<br /> 2013/14 24.013% 35.559% 26.149%
<br /> 2012/13(1) 21.899% 33.287% 24.706%
<br /> 2011/12 21.087% 31.880% 33.353%
<br /> 2010/11 17.319% 27.757% 29.074%
<br /> 2009/10 16.971% 25.595% 28.010%
<br /> 2008/09 16.660% 25.042% 27.865%
<br /> 2007/08 16.615% 24.891% 28.109%
<br /> (1)Reduction in Safety-Police rate due to payoff of the Police Side Fund on July 1,2011.
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