WAGES & BENEFITS Wages and benefits account for 67% of the total expenditures of the operating budget. This category not only includes employee wages but also costs associated with employee insurance, training, and other benefits. The 2024 budget anticipates an increase of $956,900 or 8.6% compared to the 2023 budget and variance with projections is 920,000 and 8.2%. These increases are the result of several factors proposed to address the staffing shortage, increased workloads, and minimum wage requirements. The following aspects directly impact this area: • Reorganization of departments to improve operating efficiencies • Increased staffing needed to accommodate greater participation levels in programs • Reallocation of unfilled part-time positions to full- time positions • Wage adjustments needed to attract applicants and retain staff • A 2.0% cost of living adjustment and 3.0% merit/ wage compression pool • Minimum wage increase from $13 to $14 (effective 1/1/2024) • Health insurance, dental and vision premiums – slight increase for 2024 The employee contribution rate for those eligible staff participating in the PPO plan at any level remains at 15% and 12% for the HMO plan.
SUPPLIES Supplies account for 7% of the total operating budget and compared to the 2023 budget are projected to increase $101,900 or 8.4%. CONTRACTUAL SERVICES Contractual Services account for 21% of the total operating budget and are budgeted to increase $306,700 or 8.9% compared to the 2023 budget. Contractual services were increased to address higher participation levels and costs in recreation programs. In addition, contractual services were increased in the Parks Divisions to address increased costs in mowing and refuse services. UTILITIES Utilities account for 5% of the total operating budget and are expected to increase $99,100 or 11.4% compared to 2023 budgeted amount. CAPITAL PROJECTS Capital Projects are budgeted to remain fairly consistent with the prior year. The majority of purchases budgeted here represent smaller equipment replacement purchases earmarked for the Parks Department divisions.
2024 BUDGET 46
napervilleparks.org
Made with FlippingBook Digital Proposal Creator