12 Attachment 4 - Expenditure Baseline and Projection FactorsExpenditure Baselines and Projection Factors
ATTACHMENT 4
The Town budgets vacant and non-sworn positions at the top step pf the range of the position.
Sworn and management positions are budgeted at one step higher than the current step in
anticipation of potential merit increases in the upcoming fiscal year. For the Five-Year Forecast,
positions are budgeted at the actual rate of pay employees including benefits as of January
1,2020.
* Salary increases are based on actual step increases and bargaining units’ negotiation.
** Benefit increase estimates are provided by CalPERS/Public Employees’ Medical and
Hospital Care Act (PEMHCA)
*** Based on historical trends.
The Town’s required contribution estimates toward retirement and unfunded liabilities are
provided by CalPERS as a percentage of current payroll. The actual percentages used in the
forecast are summarized in the table on the next page. CalPERS employer contributions are
shown as percentage of payroll.
Type of Expenditure FY 2019/20
FY
2020/21
Forecast
FY
2021/22
Forecast
FY
2022/23
Forecast
FY
2023/24
Forecast
FY
2024/25
Forecast
Salaries* 3% 3% 0% 0% 0% 0%
Benefit - Medical**
Current baseline
set by FY 2019/20
Adopted Budget
7% 7% 7% 7% 7%
Operating
Expenditures***
Current baseline
set by FY 2019/20
Adopted Budget
3% 3% 3% 3% 3%
Grants & Awards
Current baseline
set by FY 2019/20
Adopted Budget
0% 0% 0% 0% 0%
Utilities***
Current baseline
set by FY 2019/20
Adopted Budget
3% 3% 3% 3% 3%
Internal Service
Charges***
Current baseline
set by FY 2019/20
Adopted Budget
3% 3% 3% 3% 3%
Debt Service
Current baseline
set by FY 2019/20
Adopted Budget
Debt Service Schedules
Expenditure Baselines and Projection Factors Page Two
Type of
Expenditure FY 2019/20
FY
2020/21
Forecast
FY
2021/22
Forecast
FY
2022/23
Forecast
FY
2023/24
Forecast
FY
2024/25
Forecast
Safety
POA 52.22% 58.97% 63.67% 67.32% 69.09% 70.82%
Safety
Management
POA
55.22% 61.97% 66.97% 70.32% 72.09% 73.82%
Safety
POA - PEPRA 15.02% 15.94% 15.99% 15.93% 13.9% 13.9%
Miscellaneous
TEA/Confidential/
Management
33.18% 34.23% 36.30% 37.86% 38.52% 39.15%
Miscellaneous
TEA/Confidential/
Management
PEPRA
33.18%
Separate PEPRA rate
for Miscellaneous has
not been established
yet by CalPERS.
37.43% 40.14% 42.42% 43.74% 44.74%