HomeMy WebLinkAbout03.c. (Handout) Alternate Att 1 Admin OH summary 2019-2020 CALPERS projected savings ATTACHMENT
Central Contra Costa Sanitary District
Administrative Overhead Summary
For the 2019-20 Budget-Calculated using 2017-2018 Audited Financial Statements
Current Year
3 Year Calculation Last Year's Two Years ago
Smoothed Unsmoothed Unsmoothed Unsmoothed
Year 2019-2020 2019-2020 2018-2019 2017-2018
Employee Benefits 77.6% 60.2% 80.6% 91.5%
Administrative Overhead 102.7% 96.7% 102.3% 109.4%
Non-work Hours 18.1% 18.2% 18.1% 18.0%
198.4% 175.1% 201.0% 218.9%
Smoothed Rate 98% I I 219% o
Years in Smooth Rate 1101Jyr 3 yr yr
Comparison of Rate Before Smoothing 2019-2020 2018-2019 Decrease
Employee Benefits 60% 81% -20.4%
Administrative Overhead 97% 102% -5.6%
Non-work Hours 18% 18% 0%
Total 175% 201% -25.9%
Summary of Increases(Decreases)
Employee Benefits:
Total adjusted benefits(numerator)decreased by 21.6%due to projected healthcare savings from switch to CaIPERS medical -20.4%
and total salaries(denominator)increased by 5.0%,causing the overall decrease
FY 2017-18 FY 2016-17 Difference %
Adjusted Benefits(numerator) $21.9 $28.0 ($6.1) -21.6%
Salaries(denominator) $36.4 $34.7 $1.7 5.0%
Admin Overhead:
Total adjusted indirect costs(numerator)decreased by about 0.1%,but total direct salaries(denominator)increased
by 5.7%,causing the overall decrease -5.6%
FY 2017-18 FY 2016-17 Difference %
Indirect costs(numerator) $29.0 $29.0 ($0.0) -0.1%
Direct salaries(denominator) $30.0 $28.4 $1.6 5.7%
01/28/19 03:11 PM Summary Page 1