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MICROSFT POWERPOINT - WORKSTUDYSESSION
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05/17/2016
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MICROSFT POWERPOINT - WORKSTUDYSESSION
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5/17/2016 4:39:47 PM
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5/17/2016 4:39:41 PM
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City Clerk
Agency
Finance & Management Services
Doc #
WSA
Date
5/17/2016
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FY 16-17 Forecast Assumptions (Cont’d) <br />Reflects Pension Rate increases for FY 16-17: <br /> <br />-Safety -54.438% (increase of nearly 8% from FY 15-16) <br />-Miscellaneous –31.0% (increase of nearly 2.5% from FY 15-16) <br />-Includes Projections through FY 20-21 <br />-Safety –73.6% (FY 20-21) <br />-Miscellaneous –40.4% (FY 20-21) <br />Orange County Fire Authority growth of 3.75%(increase of approx. $1.4M) <br /> <br />mandated by agreement <br />Includes negotiated Salary Increases of 2.5% (approx. $2.7M) <br /> <br />Health Insurance Increases of approx. 8% ($1.1M) <br /> <br />Includes funding for the Strategic Plan of $2.5M annually <br /> <br />Includes funding for 800MHz (approx. $600k) <br /> <br />NO REDUCTION IN PROGRAMS AND SERVICES <br />7 <br />FY 2016-17 GENERAL FUND FORECAST <br /> <br />
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