7c supp
ITEM NO. 7c_Supp ________ DATE OF MEETING: August 20, 2013 2014 Budget Assumptions Briefing August 20, 2013 2014 Projected Operating Revenues 2 2014 Budget Approach Incorporate Commission input from July budget retreat Focus new initiatives on Century Agenda and other key strategic objectives Continue to seek efficiency/process improvements Tightly manage overhead expenses Evaluate core vs. non-core functions for cost savings opportunities 3 Preliminary Payroll Assumptions Non-Represented Average merit pay increase: 2%-3.0% (depending on overall budget considerations) Market based salary range increases up to 2.0% (minimal cost impact) Medical/dental cost increase*: 1.9% ' Reflects plan design changes resulting from new healthcare strategy ' Employer's PERS contribution: 9.21% vs. 8.16% average rate in 2013 *Includes some represented groups on Port sponsored plan 4 Preliminary Payroll Assumptions Represented Pay increases based on CPI (0-6%), negotiated increases and/or STEP increases per individual contracts Health & Welfare and pension contributions also governed by contract ' Ongoing contract renewals incorporating employee healthcare cost sharing 5 2014 Budget Calendar September Prepare preliminary operating & capital budgets Internal budget reviews by each department & division Executive preliminary budget reviews (9/16 9/19) 6 2014 Budget Calendar - Con't October Commission capital budgets briefing on 10/1 Commission operating budget briefing on 10/8 Commission Draft Plan of Finance briefing on 10/22 Preliminary budget document available to the Commission on 10/22 Release 2013 Preliminary Budget to the public on 10/24 7 2014 Budget Calendar - Con't November First reading of budget resolution(s) on 11/5 Second reading of budget resolution(s) on 11/19 December File statutory budget by 12/5 Release the 2013 Final Budget and Draft Plan of Finance to the public by 12/13 8
Limitations of Translatable Documents
PDF files are created with text and images are placed at an exact position on a page of a fixed size.
Web pages are fluid in nature, and the exact positioning of PDF text creates presentation problems.
PDFs that are full page graphics, or scanned pages are generally unable to be made accessible, In these cases, viewing whatever plain text could be extracted is the only alternative.