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3 <br /> 1 Slide#3 <br /> LLI <br /> LL <br /> Continuation Requesti <br /> KeepingOur . . <br /> 2 <br /> 3 Jonathon Scott said there are no legislated increases included in this budget. He said <br /> 4 allocations may look different if the General Assembly ends up passing any legislation that would <br /> 5 increase expenses for school districts. <br /> 6 <br /> 7 Slide #4 <br /> CONTINUATION BUDGET COST DRIVERS <br /> A oontnuaton budget ensures that cur schools can maintain essenfid operations,sustain ourrent programs,and adjust for rising <br /> c os is Mhout disruption.It covers n ecessary expenses such as salary increases,benefits,and inflationary adjustments to keep our <br /> distrio t running effectively. <br /> Salaries 8 Wages-$1,604240 <br /> ■ Estimated 3,'salary increase for all staff <br /> ■ holudes$1,182330 for base salaries and$411,910 for local supple menti <br /> ■ Adjustments may be needed based on the final NC General Assembly budget <br /> d BenefitIncreases-$1,735,136(+7.?%increase) <br /> ■ Ei-nployyer-reaquiredooniributionsfor FICA,TSERS,andhealthins urance <br /> ■ TSERS rate rising tom 2404%to 2566'M(+6.8%horearse) <br /> ■ Health insurance pre rriums inoreasing tom$8,O95to$8,373 per employee(+34%horene) <br /> Other Non-Salaried Operating Costs-$485,389 <br /> ■ 3%inflationary odjusiment to sustain daily operations <br /> ■ <br /> Covers utilities,trans portotion,instructional moterids,techno logy,and othe r non personnel expendtures <br /> 4 Budget Estimates 8 N%efnodology <br /> ■ h the dose noe of f on-al guidancefrom the N C Ge neral Assembly,these projeotions were estimated using Ii near r egress ion <br /> andysisbased onhistoical trends and antioipatedooctchanges. <br /> Chapel IiIE<—b..Citych--9 -1 Hf LAR (AND <br /> ACT) <br /> 8 <br /> 9 <br /> 10 <br />