RES 195 Draft 01 1996-1998 - Laserfiche WebLink

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&: .. ,- .. . . County of Hawaii SHOPO (Excluded). Two Year Arbitration Costs July 1, 1997 (FY98) through June 30, 1999 (FY99) Annual Affect on Payroll Cost Base Pay Base pay at 6/30/97 $ 50,364 $ 50,364 FY98: Across-the-board increase of 2.69% on January I, 1998 677 1,354 Total payroll cost in FY 1997-98 $ 51,041 Base pay at 6/30/98 $ 51,718 Base pay at 6/30/98 $ 51,718 $ 51,718 FY99: Step movements, 7/1198 - 6/30199 2,272 2,280 Total payroll cost in FY 1998-99 $ 53,990 Base pay at 6/30/99 $ 53,998 FY98 FY99 Total (1997 -98) (1998-99) FY1998-99 Determination of total increase in cost due to proposed contract: Total payroll cost for each fiscal year as per above calculations $ 51,041 $ 53,990 Less base pay at beginning of each fiscal year (50,364) (51,718) Additional cost due to contract 677 2,272 $ 2,949 Add affect of prior year increase in base pay 1,354 1,354 Total increase in regular pay subject to all fringe benefits 677 3,626 4,303 Non-wage cost item only subject to ERS: $10 per mo. increase in standard of conduct differential, 7/1197 120 120 240 Certain fringe benefit costs (14.46%)* 98 524 622 Costs to be paid during fiscal years 1998-99 895 4,270 5,165 Employer's contribution to ERS (23.47%)** 187 879 1,066 Vacation, sick leave and holidays (21%) 142 761 903 Total increased costs $ 1,224 $ 5,910 $ 7,134 *Fringe benefits included are overtime, premium pay, hazard pay, standby, temporary assignment, compensatory time, workers' compensation, and unemployment compensation. ** Actuarially determined contribution rate for classes B and D per ERS annual actuarial valuation dated 6/30/96. However, the amount of the County's contribution for fiscal years 1998 is already established and will not change because of this payroll increase. Future years' contributions will be affected. Note: Increase in base pay will also impact the County's long term liability for vacation and compensatory time.