FY 2027 Final Operating Budget Page Two
ANALYSIS To better understand the budgetary changes and their associated drivers, the changes have been analyzed by mandated and discretionary expenses.
FY 2027 Prelim Budget Mandated Increases
$463.1
4.9 7.5
Additions Reductions
(2.2)
FY 2027 Final Operating Budget
$473.3
Attachment 1 – identifies the mandated and discretionary additions and reductions. Mandated changes increase the budget by $4.9 million and are as follows: • Base salaries increase by $1.8 million due to: o MDTA Police collective bargaining agreement salary adjustments (step schedule increase from 2% to 5% for step 18) and employee reclassifications account for a net increase of $1.0 million. o Civilian reclassification increases (grade/step/classification changes) total $0.8 million. • A 1.5% civilian COLA increases the budget by $1.3 million. • Pension (0161) costs increase by $0.5 million. • Overtime (0104) increases $0.4 million to align the cost with recent winter experience and to cover costs for MDTA Police vacancies. • Retiree Health costs (0154) increase $0.3 million, primarily due to the Maryland State Police (MSP). • Miscellaneous (0110 – military pay, on-call pay, etc.) costs increase $0.2 million. • Law Enforcement Officers’ Pension System (LEOPS) (0169) costs increase by $0.2 million. • Social Security (0151) costs increase by $0.2 million.
Made with FlippingBook Digital Proposal Creator