Laserfiche WebLink
BUDGET DRIVERS <br /> <br />Other noteworthy items of the recommended preliminary 2018 budget are offered below: <br /> <br />COLA & Step Increases <br /> <br />The first year COLA and steps were paid to non-union employees after a two-year wage freeze was in 2012. <br />Restoring equity between union and non-union employees reinforces internal fairness, which deteriorated <br />during the down economic years. A compensation study completed in 2017 by Springsted, Inc., identified New <br />Brighton’s non-union minimum salaries to be 7.46% below market, midpoint salaries 7.35% below the market <br />and maximum salaries 7.27% below the market. The recommended 2018 General Fund Budget plans for a 3% <br />cost of living increase of salaries and wages for employees, step increases, and corresponding increases for <br />FICA and PERA. The COLA increase equates to $238,300 or 1.5% of the recommended 2018 General Fund <br />Expenditures. <br /> <br />The pie chart below shows the percentage of spending that occurs on personnel costs as proposed by the 2018 <br />Budget. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Personnel, 63% <br />Materials &  <br />Supplies, 4% <br />Contractual  <br />Services, 24% <br />Transfers, 9% <br />6