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<br /> Page 2 <br /> The funding for this increase has already been approved by this body. According to <br /> Resolution 185-97 "whereas, the current budget for FY98 includes an appropriation making <br /> provision for compensation adjustments, and this appropriation will cover this additional cost." <br /> [Attachment #I] <br /> In fact $ 2,800,000 were included in the FY 98 budget for collective bargaining increases. <br /> The Council should be well aware of this appropriation - it was presented to the Council as part <br /> of the budget in May 1997. All Council members, except Councilman Tyler voter to approve <br /> this budget in its final form in July 1997. [Attachment #2] <br /> So, clearly the funding for the first year of the agreement can not be an issue. <br /> The question then becomes how to fund the FY 99 increases. According to Resolution <br /> 185 97, that cost is $777,978 plus the remaining'fringe' cost of $109,408 ($162,122-452714). <br /> For a total cost of $887,386 in FY 99. Where will this money come from? <br /> The best indicators of ability to pay are found by looking a what has happened in the past. <br /> These types of discussions take up many many hours of negotiation time and of time spent in <br /> testimony before arbitration panels. I am not an economist, so we turned to the Center of <br /> Labor Education and Research at the University of Hawaii at Manoa for advice. Dr. William <br /> Boyd, Labor Economist at CLEAR provided us with information he provide in the Police <br /> Arbitration hearings. <br /> <br />