Category

 Base Budget

Potential Additions to Base

 Total

 

 

 

 

 

Personnel Costs -
Base salaries and benefits plus full year cost of pay increase authorized for 9 months in 2005 -06

     8,735,000


Potential costs of competitive employee pay adjustments effective October 1, 2006

 

 

 

 

 

 

 

Estimated potential increases of 11% in
   medical insurance

        111,000

l  General market and merit adjustments
     as defined in Town Classification and
     Pay Plan

       223,000

 

Estimated potential increases of 12% in
    workers compensation costs

          66,000

 

 

 

Estimated potential increases in
    unemployment insurance costs

          11,000

 

 

 

 

 

 

 

 

 

 

 

 

     9,146,000

Operating Costs -
Base operating costs

     3,434,000

 

 

 

Increase in utilities

          72,000

 

 

 

Increase in kerosene cost from $1,144,000
   to $494,000 to reflect cost of fuel at
   $2.50 per gallon

        350,000

 

 

 

Increase in gasoline cost from $109,000 to
   $139,000 to reflect cost of fuel at $2.20
   per gallon

          30,000

 

 

 

Increase in fuel costs because of move to
   new Town Operations Center

        130,000

 

 

     4,016,000

Capital Equipment Costs -
Replacement Equipment

        269,000

 

 

        269,000

 

 

 

 

 

Total Base Costs

   13,208,000

Total Potential Additions

       223,000

   13,431,000

 

 

 

 

 

Estimated Total Revenue Available

 

Estimated Total Revenue Available

 

 

  Chapel Hill Contribution

     2,716,000

 

 

     2,716,000

  UNC Contract

     4,659,000

 

 

     4,659,000

  Carrboro Contract

        907,000

 

 

        907,000

  Other Revenue

     4,466,000

 

 

     4,466,000

Appropriated Fund Balance

                   -

Appropriated Fund Balance

 

                    -

Difference

      (460,000)

   Difference

 

      (683,000)

 

 

 

 

 

 

   12,748,000