Orange County NC Website
Browse       Search
144 <br /> Key Continuation Drivers and Cost Pressures <br /> N& Budget Driver Description Percentage increase <br /> A" included in FY27 estimates <br /> Salaries and Supplement 4% Increase calculated across the board 4.00% <br /> Social Security Matching (FICA) Expected to remain at 7.65%, but cost 4.0070 <br /> increases 4% for salary increases <br /> 5-year regression analysis projects an <br /> State Retirement Matching increase to 25. 15%, up 1 .96% from the current 6.04% <br /> rate of 24.670. Also needs to account for the <br /> 4% salary increase <br /> Employer Portion of State Health 5-year regression analysis projects an 3.67°J"o <br /> Insurance Premiums increase to $8,812, up from $8,500. <br /> Non-Salary Budget Items 4% Inflationary adjustment included for 4.00% <br /> non-salary items <br /> Chapel Hill-Carrboro City Schools I chccs.org THINK (AND ACT) DIFFERENTLY <br />