RECOMMENDATION(S):
ADOPT Resolution No. 2018/584 to provide general salary increases for specified Management, Exempt, Unrepresented, and Elected classifications for the period of January 1, 2019 and beyond.
FISCAL IMPACT:
The estimated annual cumulative cost of the wage increases are $798,000 for FY 2018/19, $4.6 million for FY 2019/20, $7.2 million for FY 2020/21, and $10.9 million for FY 2021/22. For the 2020 year and beyond, projections are based on current enrollment and an average eight percent medical inflation cost each year. The out-year on-going annual cost for the contract is estimated at $11.2 million.
BACKGROUND:
|