Proposed FY2023-24 & Planning FY2024-25 Budget

City of DeSoto NEXT YEAR BUDGET DETAIL REPORT

PROJECTION: 20241 2024 Operating Budget

ACCOUNTS FOR: ECONOMIC DEVELOPMENT TRUST

VENDOR QUANTITY

UNIT COST 2024 City Manager Office

75 75

DESOTO DEVELOPMENT CORP

ECONOMIC DEVELOPMENT CORP DPT

905 DDC ADMN 12757010 51020 - GROUP INSURANCE-EMPLOYER

65,172.00 *

Expenditures for the City's expense for health, dental, and life insurance premiums.

1.00

65,172.00

65,172.00

12757010 51050 - FICA EXP.-EMPLOYER

36,634.00 *

Payments for the state's (employer) share contribution made under the Federal Insurance Contributions Act.

1.00

36,634.00

36,634.00

12757010 51080 - WORKER'S COMPENSATION

633.00 *

Insurance premiums for workers' compensation paid by the employer all personnel.

1.00

633.00

633.00

12757010 51110 - TMRS - EMPLOYER

56,310.00 *

City's contribution expense for Texas

1.00

56,310.00

56,310.00

Municipal Retirement System.

12757010 51470 - SALARIES

482,926.00 * 482,926.00

Salaries and wages paid to employees filing council approved, permanent, and full time positions.

1.00

482,926.00

12757010 51590 - CERTIFICATION PAY

2,700.00 *

Incentive wages provided for employees that currently hold certifications & college degrees

1.00

2,700.00

2,700.00

12757010 51650 - LONGEVITY PAY

444.00 *

The length of service pay for permanent, full time employees.

1.00

444.00

444.00

Report generated: 07/06/2023 16:00 User: tcormier Program ID: bgnyrpts

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