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15 <br /> 1 Slide#25 <br /> Unfunded State Mandate = $704K Local Impact <br /> • �TJf Legislators pass a FY2026 budget implementing a retroactive 3% <br /> salary increase for all staff <br /> • OCS anticipates state funding to support state allotted positions <br /> • $1.6M would be needed from local funds to support local and <br /> federal allotted positions <br /> • !,,$700K of local fund balance would be required to implement <br /> Am <br /> ENGAGE. CHALLENGE. INSPIRE. <br /> 2 <br /> 3 <br /> 4 Slide#26 <br /> FY 2027 Continuation Budget <br /> 2026-27 Continuation-Estimate: <br /> Fr 2026 <br /> Annualized 4%raise next year <br /> Salaries $14,017,822 $14,578,534 <br /> Supplement 6,943,211 $7,220,940 <br /> Continuation Item 4%raise n year <br /> Social Security 1,668,184 $1,734,911 Salaries $560,713 <br /> Retirement(proj.25.15%) 5,088,191 5,395,436 supplement 277,728 <br /> Social Security 66,727 <br /> Hospital(proj.$8,812) 2,031,840 2,106,408 Retirement(proj.25.68%) 307,245 <br /> Other Salary Items 2,170,140 $2,256,946 Hospital(proj.$8,812) 74,569 <br /> Non-Salary Items(4% Inflationary) 14,876,830 15.471.903 Other Satary Items 86,805 <br /> Non-Salary Items 4%CPI 595,073 <br /> Total Projected Spending $46,796,217 $48,765,078 <br /> AftlEstimated Continuation Need $1,968,861 <br /> ENGAGE- CHALLENGE. INSPIRE. <br /> 5 <br /> 6 Rhonda Rath presented the continuation budget request of approximately $2 million, which <br /> 7 includes a 4% salary increase and projected increases in retirement benefits and employer-provided <br /> 8 hospitalization.The total continuation budget would bring the district to $48.8 million. <br /> 9 <br /> 10 <br />