San Francisco Municipal Transportation Agency
Return to FY2011 and FY2012 Budget
| Object | Object Title | 2009-2010 Amended Budget | 2010-2011 Board Adopted Budget | 2011-2012 Board Adopted Budget | 2010-2011 Compared to 2009-2010 Amended Budget Increase/(Decrease) | 2011-2012 Compared to 2010-2011 Board Adopted Budget Increase/(Decrease) | ||
|---|---|---|---|---|---|---|---|---|
| Division: ATAS ADMINISTRATION | ||||||||
| 5MAAAOHF MTA-GENERAL ADMINISTRATION OVERHEAD FUND | ||||||||
| 001 SALARIES | ||||||||
| 011 | OVERTIME | 37,500 | 39,500 | 39,500 | 2,000 | 5.3% | 0 | 0.0% |
| This line item reflects the budget to cover vacancies, absences, unscheduled work, emergency service coverage and special service requirements. Increase is due to reallocation of budget from the Executive Director’s Office. | ||||||||
| 012 | HOLIDAY PAY | 2,630 | 2,630 | 2,630 | 0 | 0.0% | 0 | 0.0% |
| This line item reflects the budget to compensate those employees who are scheduled to work on City holidays. | ||||||||
| TOTAL SALARIES | 6,004,299 | 6,044,095 | 5,992,763 | 39,796 | 0.7% | (51,332) | -0.8% | |
| 013 MANDATORY FRINGE BENEFITS | ||||||||
| 013 | RETIREMENT | 686,403 | 908,953 | 961,078 | 222,550 | 32.4% | 52,125 | 5.7% |
| Calculated by the Controller’s Office, this line item includes the cost of contributions the City makes to the Employee Retirement System for the positions budgeted in this organizational area. The budget includes two types of contributions: the employer retirement contribution and the participating employee-paid retirement contribution picked up by the City for certain labor unions based on the labor agreements between the City and those unions.For FY 2010-2011, the employer retirement contribution rate for the City Miscellaneous Retirement for all classifications is 13.56% of the payroll cost; the rate for FY 2011-2012 is 16.50%. The increase in retirement costs is attributed to lower projected earnings in retirement assets and a projected growth rate in successive years. | ||||||||
| 014 | SOCIAL SECURITY | 437,159 | 444,784 | 441,180 | 7,625 | 1.7% | (3,604) | -0.8% |
| This appropriation funds mandatory employer contributions. The rates for the two-year budget are estimated to be, 6.20% for Social Security and 1.45% for Medicare. These amounts are calculated by the Controller’s Office. | ||||||||
| 015 | HEALTH SERVICE | 716,683 | 757,910 | 788,944 | 41,227 | 5.8% | 31,034 | 4.1% |
| The City Charter establishes an employer contribution to the Health Service Trust Fund that covers health and dental insurance costs for current employees and their dependents. Each year, the health benefit rates are reviewed and determined by the San Francisco Health Service Board and calculated by the Controller’s Office. Health service premiums for employees are estimated to increase on average by 6.3% in FY 2010-2011 and 9% in FY 2011-2012. For dependent care coverage, the Controller’s Office has changed the methodology it calculates the rates to distinguish between employees with one dependent and those with two or more dependents. This change has resulted in moderate savings for dependent care cost. | ||||||||
| 016 | DENTAL COVERAGE | 99,854 | 116,942 | 121,715 | 17,088 | 17.1% | 4,773 | 4.1% |
| Like the health benefit rates, the Charter-required employer contribution to employee dental benefit is determined annually by the Health Service Board and calculated by the Controller’s Office. The premium for dental coverage is projected to increase by 13% in FY 2011-2012 and 9% in FY 2011-2012. | ||||||||