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4 <br /> Slide #5 <br /> CONTINUATION SUMMARY <br /> Total Continuation Need: <br /> continuation Item cost <br /> Salaries and Wages L 1,604,240 Rreakwwn of Conunuawn Need <br /> Ndti90 Err 5% <br /> Required Notching Benefits 1,735,136 ,-•Y. <br /> Non-salary op era ling costs 485,3PP I A9d73 aorlx <br /> Toiol Budgeted Coninuaion Costr $3,824,775 <br /> Remaining DeficitafferRevenue Chances: <br /> Budgeiory consideration Impact <br /> Total Con tin oton Costs before Beven ue <br /> Chan es b[3,824,775] e411W1e-1FP <br /> in is lion ary S pecial District Tax R evenu a 668,384 <br /> h crease <br /> Toiol Con i nu ai on Need after Revenue $(3,255,341) <br /> ChIdes <br /> Chap el HlF 03rt6oro CSiy khools I ch—rg -THINK (AND ACT) <br /> Commissioner McKee asked for more information regarding the increase for benefits. <br /> Jonathon Scott said they have a 3% increase for the local wages, they have a base rate <br /> of about $1,600,000 for local wages and if they add a 1% increase to the retirement rate, then <br /> have to pay that additional rate. <br /> Commissioner McKee asked if the retirement rate is above and beyond the salary. <br /> Jonathon Scott said there has been an increase in the retirement rate almost every year <br /> since he started in the field 25 years ago. He said when he started it was about 4% and now it is <br /> 25%. He said it can become quite a burden on the total budget. <br /> Slide #6 <br /> Ir <br /> LL <br /> Expansion Request <br /> Elevating CHCCS for the Future <br /> PEOMM11V LU <br />