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Home My WebLink AboutItem #3 Financial Projections1.50% New Construction/Annexation Facto Proposed FY27 Budget for Publication Revenue GF $ 7,931,641 HSR $ 1,125,861 Tort $ 251,000 $ 9,308,502 Intergovernmental Total Local State Liquor Highway User's Court Shared Fiscal Year Property Tax Franchise Tax HSR Taxes Tax Revenue Revenue Sales Tax 2026 7,700,622 236,456 1,114,714 9,051,792 226,325 1,352,164 26,354 1,883,687 2027 7,931,641 238,821 1 1,125,861 9,296,323 213,875 1,024,261 26,354 1,934,547 2028 8,288,565 243,597 1,137,120 9,669,282 220,291 1,054,989 26,618 1,992,583 2029 8,661,550 248,469 1,148,491 10,058,510 226,900 1,086,638 26,884 2,052,361 2030 9,051,320 253,438 1,159,976 10,464,734 233,707 1,119,238 27,153 2,113,932 2031 9,458,629 258,507 1,171,576 10,888,712 240,718 1,152,815 27,424 2,177,350 3.00% 2.00% 1 1 3.00% 3.00% 1.00% 1 3.009/6 1.50% New Construction/Annexation Facto Proposed FY27 Budget for Publication Revenue GF $ 7,931,641 HSR $ 1,125,861 Tort $ 251,000 16,000,000 15,000,000 14,000,000 13,000,000 12,000,000 11,000,000 ,495,360 1,096,402 Total $ 9,308,502 Intergovernmental GF Taxes $ 5,883,424 Non -HSR 3,488, 530 HSR User $ 1,024,261 3,199,037 12,495, 360 WW 3,294,481 $ 4,454,973 10,771,654 3,392,783 SW 11,216,164 $ 4,837,790 13, 958, 763 11,679, 550 SN 14,487,019 $ 2,730,320 $ 18,930,767 $ 28,239,270 Expenditures GF $ 12,706,956 HSR $ 3,073,481 WW $ 4,504,641 SW $ 4,494,751 SN $ 3,459,441 $ 28,239,270 Total Wage & Operating Taxes Expenditures F10 & HSR 2027 12,495,360 12,706,956 (211,596) 2028 12,963,763 13,530,584 (566,821) 2029 13,451,294 14,209,917 (758,623) 2030 13,958,763 14,937,041 (978,277) 2031 14,487,019 15,701,867 (1,214,848) 16,000,000 15,000,000 14,000,000 13,000,000 12,000,000 11,000,000 ,495,360 1,096,402 Total Intergovernmental Taxes Total Taxes Non -HSR 3,488, 530 12, 540, 322 1 10, 073,444 3,199,037 12,495, 360 10, 345,238 3,294,481 12,963,763 10,771,654 3,392,783 13,451, 294 11,216,164 3,494,029 13, 958, 763 11,679, 550 3,598,307 14,487,019 12,162,628 Total Tax Revenue vs Expenses 5yr Forecast Trend ,209,917 ,530,589 ,951,294 ,545,254 15,701,867 4,937,041 14,487,019 ,958,763 / 13,987,055 ,247,198 10,000,000 2027 2028 2029 2030 2031 -Total Taxes -Wage and Wage Related Expenses -Total Wage & Operating Expenditures laofk\ CHUBBUCK 1 0 0 H 0 Councilmembers, Office of the Mayor 290 E. Linden Avenue, Chubbuck, ID 83202 208.237.2400 — Fax 208.237.2409 www.cityofchubbuck.us Attached is a document projecting wage and wage -related expenses for FY27 thru FY31. Page 1 is the summary document, and the other pages show the sources of the summary information. The data is separated by fund. The projections for base salaries are built from the employee level. Wages are calculated for each employee and summarized. The projections assume full staffing. That is, there is no reduction for vacant positions. However, that is partially offset in that the projections do not include promotions based on education and time on the job. Differences in replacement salaries and delayed or early replacements are not included in the projections. The projections also do not include any added staff with exception of the Deputy Police Chief in FY28. Most of the wage -related expenses follow the percentage increases in base wages except for benefits. The cost of benefits is driven by the health care plan. The health care plan has seen several years of high medical claims which impact the cost of the plan. The projections assume the high medical claims will continue although medical claims so far in FY26 are running lower. The benefits estimate also assumes full staffing. Please let me know what questions you have. Thanks, CHUBBUCK IDAH0 Scott Gummersall I Human Resources Director 290 E Linden Avenue Chubbuck, ID 83202 (208) 239-3279 City of Chubbuck 5 -Year Projection - Summary Wage and Wage -Related Expenses 7/1/2026 Fund 10 FY27 Budget FY28 Budget % FY29 Budget % FY30 Budget % FY31 Budget % Base Salaries $5,835,586 $6,239,648 6.9% $6,521,931 4.5% $6,822,747 4.6% $7,132,318 4.5% Overtime $567,772 $601,656 6.0% $627,908 4.4% $655,340 4.4% $683,989 4.4% Payroll Taxes $867,655 $926,997 6.8% $968,803 4.5% $1,013,281 4.6% $1,059,110 4.5% Benefits,PERSI, Work Comp $2,871,866 $3,121,284 8.7% $3,371,046 8.0% $3,643,837 8.1% $3,940,559 8.1% $10,142,879 $10,889,585 7.4% $11,489,689 5.5% $12,135,206 5.6% $12,815,976 5.6% $746,707 $600,103 $645,517 $680,770 HSR Base Salaries $593,505 $618,049 4.1% $642,935 4.0% $669,600 4.1% $696,632 4.0% Overtime $20,000 $20,827 4.1% $21,666 4.0% $22,564 4.1% $23,475 4.0% Payroll Taxes $83,130 $86,568 4.1% $90,053 4.0% $93,788 4.1% $97,574 4.0% Benefits,PERSI, Work Comp $256,888 $277,977 8.2% $300,912 8.3% $326,041 8.4% $353,398 8.4% $953,523 $1,003,421 5.2% $1,055,567 5.2% $1,111,994 5.3% $1,171,080 5.3% $49,898 $52,146 $56,427 $59,086 Enterprise Funds Base Salaries $2,704,415 $2,817,270 4.2% $2,933,558 4.1% $3,056,273 4.2% $3,182,720 4.1% Overtime $63,000 $65,629 4.2% $68,338 4.1% $71,197 4.2% $74,142 4.1% Payroll Taxes $374,985 $390,633 4.2% $406,757 4.1% $423,772 4.2% $441,305 4.1% Benefits,PERSI, Work Comp $1,247,871 $1,346,162 7.9% $1,453,559 8.0% $1,571,190 8.1% $1,699,800 8.2% $4,390,270 $4,619,694 5.2% $4,862,212 5.2% $5,122,432 5.4% $5,397,968 5.4% $229,424 $242,517 $260,220 $275,536 5 -Year Projection Detail 7/1/2026 Base Salaries by Fund $292,772 $304,483 4.0% $316,662 4.0% $329,329 4.0% $342,502 4.0% Fund FY27 Budget FY28 Budget % FY29 Budget % FY30 Budget % FY31 Budget % Comments Exec 10-4131-110 $58,125 $61,608 6.0% $63,423 2.9% $67,289 6.1% $69,328 3.0% Legal 10-4160-110 $14,436 $14,869 3.0% $15,315 3.0% $15,775 3.0% $16,248 3.0% BPD 10-4400-110 $288,470 $300,943 4.3% $313,497 4.2% $327,083 4.3% $340,755 4.2% Parks 10-4470-110 $486,466 $509,733 4.8% $533,918 4.7% $559,542 4.8% $586,182 4.8% Council 10-4111-110 $38,716 $41,034 6.0% $41,034 0.0% $43,575 6.2% $43,575 0.0% Police 10-4211-110 $3,215,832 $3,492,472 8.6% $3,660,131 4.8% $3,836,048 4.8% $4,020,637 4.8% Adds Deputy Chief in FY28 Fire 10-4231-110 $1,682,025 $1,765,412 5.0% $1,838,893 4.2% $1,915,486 4.2% $1,995,325 4.2% Fire Pay Call 10-4231-115 $51,516 $53,577 4.0% $55,720 4.0% $57,948 4.0% $60,266 4.0% Fund 10 $5,835,586 $6,239,648 6.9% $6,521,931 4.5% $6,822,747 4.6% $7,132,318 4.5% HSR 11-4311-110 $593,505 $618,049 4.1% $642,935 4.0% $669,600 4.1% $696,632 4.0% Water 31-4341-110 $915,654 $953,923 4.2% $993,366 4.1% $1,034,982 4.2% $1,077,874 4.1% WW 32-4351-110 $816,400 $850,700 4.2% $886,014 4.2% $923,336 4.2% $961,761 4.2% San 33-4331-110 $972,361 $1,012,647 4.1% $1,054,178 4.1% $1,097,955 4.2% $1,143,085 4.1% Enterprise Funds $2,704,415 $2,817,270 4.2% $2,933,558 4.1% $3,056,273 4.2% $3,182,720 4.1% Overtime by Fund Fire Scheduled Overtime $292,772 $304,483 4.0% $316,662 4.0% $329,329 4.0% $342,502 4.0% Fire Unscheduled Overtime $22,000 $22,880 4.0% $23,795 4.0% $24,747 4.0% $25,737 4.0% Police Overtime $235,000 $255,216 8.6% $267,468 4.8% $280,323 4.8% $293,812 4.8% Parks Overtime $18,000 $19,078 6.0% $19,983 4.7% $20,942 4.8% $21,939 4.8% Fund 10 $567,772 $601,656 6.0% $627,908 4.4% $655,340 4.4% $683,989 4.4% HSR Overtime 1 $20,000 1 $20,827 1 4.1% 1 $21,666 1 4.0% 1 $22,564 1 4.1% 1 $23,475 1 4.0% Enterprise Funds Overtime 1 $63,000 1 $65,629 1 4.2% 1 $68,338 1 4.1% 1 $71,197 1 4.2% 1 $74,142 1 4.1%