Neighborhoods geology. We have frank, the geotechnical engineer who will walk us through a lot of this. We also have an architect who knows a lot about the history of the city. He keeps his eyes open and has a lot of information to share. We also have the chief building inspector. We are going to go through this by having frank give us a brief overview of the geology of sentences go. Then were going to look at a series of slides around the city. And see how the geology of the city affects the environment. Their special problems and issues that arise we will try to answer questions as we go, particularly related to how the environment release to the underlying geology of the city. Those are questions that rarely get asked. This is a chance for you to join us and ask your questions as well. Welcome, frank. I see that you brought a big aerial photograph with overly geology. It is a big google map with overly geology. The different colors depict the different formations or deposits beneath
Health and dental benefits continued growth there. We are as i mentioned hopeful that through the good work of the Health Service system they will be able to negotiate more favorable rates with kaiser and with blue shield. And then our retirement cost continuing to grow through the next fiscal year to account for the loses that we experience in the pension fund during the last economic recession. This number, the 42 million im expecting based on the rates that retiree, retirement board just adopted to be less by 11 million. So instead of a negative 4 million cost to the general fund, we learned last week that it will be closer to 31. All of these assumptions are detailed in much greater detail in the report itself. Other departmental cost citywide. The projection in front of you assumes that Capital Equipment and technology are funded at the level they were funned funded in the budget adopted last year and in the plan recommended level in the subsequent year. The most significant thing
Annualization of wage increase for everyone else. That third line is showing you what is happening over Labor Agreement and what are we projecting for planning purposes. In the first year we are not assuming any Cost Increases there and as i mentioned to you before, i think thats appropriate for planning purposes, but there is some risk. We dont know what will happen with our negotiations. The second section really highlights for you what is happening on our benefit cost. The first two related to health and dental benefits continued growth there. We are as i mentioned hopeful that through the good work of the Health Service system they will be able to negotiate more favorable rates with kaiser and with blue shield. And then our retirement cost continuing to grow through the next fiscal year to account for the loses that we experience in the pension fund during the last economic recession. This number, the 42 million im expecting based on the rates that retiree, retirement board just ad
Loses that we experience in the pension fund during the last economic recession. This number, the 42 million im expecting based on the rates that retiree, retirement board just adopted to be less by 11 million. So instead of a negative 4 million cost to the general fund, we learned last week that it will be closer to 31. All of these assumptions are detailed in much greater detail in the report itself. Other departmental cost citywide. The projection in front of you assumes that Capital Equipment and technology are funded at the level they were funned funded in the budget adopted last year and in the plan recommended level in the subsequent year. The most significant thing thats changing from the current year to the next two 2 years is that we are losing the funding for our streets from the streets bond. These projections assume that the general fund picks up the full cost of paying for the paving of our streets. I mentioned before we mentioned inflation on nonsalary items and Police S
Then our retirement cost continuing to grow through the next fiscal year to account for the loses that we experience in the pension fund during the last economic recession. This number, the 42 million im expecting based on the rates that retiree, retirement board just adopted to be less by 11 million. So instead of a negative 4 million cost to the general fund, we learned last week that it will be closer to 31. All of these assumptions are detailed in much greater detail in the report itself. Other departmental cost citywide. The projection in front of you assumes that Capital Equipment and technology are funded at the level they were funned funded in the budget adopted last year and in the plan recommended level in the subsequent year. The most significant thing thats changing from the current year to the next two 2 years is that we are losing the funding for our streets from the streets bond. These projections assume that the general fund picks up the full cost of paying for the pavi