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Agenda Item #1 <br /> Attachment D <br /> impact is provided in the table below. <br /> Certified Staff Classified Staff Total per Item <br /> Projected State Increase 5% 2% <br /> Salary 1,072,500 343,000 1,415,500 <br /> Supplement 567,000 66,000 633,000 <br /> Social Security(7.65%) 119,000 56,000 175,000 <br /> Retirement(21.44%) 615,400 289,600 905,000 <br /> Health Insurance($6,647) 190,060 89,440 279,500 <br /> Projected State Salary and Benefit Increase $ 2,563,960 $ 844,040 3,408,000 <br /> We realize any pay increases could be subject to change based on COVID-19 and the economic implications <br /> for the 2020-2021 school year. <br /> Orange County's Living Wage Rate <br /> Additionally, we have included $230,000 to fund increases in salaries currently below Orange County's <br /> Living Wage Rate updated rate. This additional request will ensure all District employees will comply with <br /> the updated Orange County Living Wage Rate of$14.90. <br /> $2,500,000 Continuation Request: <br /> Salary & Benefits <br /> 1 Benefits <br /> $2,000,000 •1 <br /> $1,500,000 OC Living <br /> Wage <br /> Com fiance <br /> $1,000,000 - Salary <br /> $500,000 <br /> 51464 111 <br /> $- <br /> Classified Staff Certified Staff <br /> In total, between the salary increases,the resulting increases to matching employer benefit costs, and <br /> state-mandated increases in the retirement rate and health insurance premiums,and cost to move <br /> employees currently earning less than $14.90 to the updated Orange County's Living Wage Rate, is <br /> estimated to be about$3.638 million. <br /> Operational Costs <br /> The Board of Education recommended budget also includes costs for the additional square footage that will <br /> be added to Chapel Hill High School once the new building is operational. The additional square footage <br /> added will be 23,967 ftz,for a total building space of 278,508 ft'. <br />