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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 ...

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...

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 te...

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 rate...

Access line. For those persons call nothing to submit testimony wheny roach the item you are interested in speak to, press star 3. If you are joining i have web exraise are your handled to be added to the queue. When you hear your line is unmoud that is your indication to begin speak. Best practices call from a quiet location. Speak clearly and slowly and mute the volume on your television or computer. Attends nothing city hall come forward and line up on the screen side of the room. I will request we silence our mobile device. At this time i like to take roll president tanner. Here. Vice pres...