11 ATTACHMENT 1, EXHIBIT A - Laserfiche WebLink

City of Pleasanton Operating Budget • FY 2023/24 - FY 2024/2533 Personnel Personnel costs represent 68.5 percent of the FY 2023/24 General Fund Budget and 69.9 percent in FY 2024/25. The personnel cost increases include step and salary increases pursuant to existing labor contracts, increases in health and other benefit costs, increases in PERS rates (see PERS Rate History below in Table 6), and increases in annual funding to workers compensation reserves. The City is currently in negotiations with two labor groups: Police Officers’ Association (POA) and Fire Battalion Chiefs. POA’s Memorandum of Understanding (MOU) is scheduled to expire on May 31, 2023, and a new MOU with the Fire Battalion Chiefs group is expected to be finalized by the end of FY 2022/23. Based on current MOUs and early projections, the Operating Budget includes baseline percent increases in personnel costs for these two groups. Funding will be updated once the new MOUs are finalized and will be reflected in the FY 2024/25 Mid-Term update. Misc/Mgmt Safety- Fire Safety- Police 2024/25 (projected)40.9%55.1%49.9% 2023/24 (projected)39.3%56.9%46.2% 2022/23 39.2%55.7%48.0% 2021/22 36.8%55.6%45.3% 2020/21 35.5%55.2%45.9% 2019/20 33.0%52.0%39.7% 2018/19 31.1%45.6%37.3% 2017/18 3 27.5%44.1%34.0% 2016/17 26.9%42.7%34.1% 2015/16 2 27.3%39.1%33.3% 2014/15 25.7%37.0%27.8% 2013/14 24.0%35.6%26.1% 2012/13 1 21.9%33.3%24.7% 1 Reduction in Safety-Police rate due to payoff of the Police Side Fund on July 1, 2011. 2 Beginning with FY 2015-16 CalPERS began collecting employer contributions toward the Safety-Police unfunded liability and side fund as dollar amounts instead of the prior method of contribution rates. 3 Beginning with FY 2017-18 CalPERS began collecting employer contributions toward the Misc/Mgmt & Safety Fire unfunded liability and side fund as dollar amounts instead of the prior method of contribution rates. Table 6: PERS Rate History