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42 <br /> Slide#26 <br /> Key Continuation Budget Cost Drivers <br /> Continuation Item Cost <br /> Base Salaries <br /> Base Salaries $ 1,294,864 <br /> Lxal Supplements <br /> Local Supplements 542,410 <br /> State Retirement <br /> State Retirement Matching 731,335 Matching <br /> Paid <br /> Employer Paid Health Insurance Employer <br /> 236,515 Heap P n . <br /> a <br /> Premiums remin°"" <br /> 9ocia1 S—rityF117,7M <br /> Social Security(FICA) 147,783 (FICA) <br /> Non-salary Operating Costs 723,483 Ncn$a yMOM <br /> Operating Costs <br /> Total Budgeted Continuation Costs 1 <br /> $o $500,000 $1,000,000 <br /> chapel Hill-Canberra city schools chccs.arg THINK (AND ACT) L:'l[ _["1 k.'L." <br /> Slide#27 <br /> Projected Local Revenue Changes <br /> Special District Tax: <br /> • A 2%inflationary increase in the tax base is projected to generate$591,153 in additional revenue <br /> from the Special District Tax <br /> Projection assumes no change to the current tax rate <br /> County Appropriation: <br /> • County appropriation levels are determined by the Board of County Commissioners and their staff <br /> • A 3%increase in the County appropriation would generate approximately$1.94 million in additional <br /> revenue <br /> Chapel HllF-canbara city schools I ahaas.or9 THINK (AND ACT) <br /> Jonathon Scott noted that the district benefits from a special district tax, from which it <br /> anticipates approximately $600,000 in additional revenue from annual inflationary growth in property <br /> values. He indicated that a 3% increase in the county appropriation would generate approximately$1.95 <br /> million in additional revenue. <br />