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Passage of this bill would require an increase of 1 percent to the payrolls of State agencies and institutions on the Public Employees and Public Safety Retirement Systems. Required funding could be less depending on the level of participation. However, assuming all eligible employees would participate,

 

FY 99 Approp. FY 00 Approp. FY 99 Revenue FY 00 Revenue
General Fund $3,643,400 $3,643,400 $0 $0
Uniform School Fund $9,625,600 $9,625,600 $0 $0
Transportation Fund $441,800 $441,800 $0 $0
Federal Funds $944,600 $944,600 $0 $0
Dedicated Credits Revenue $585,700 $585,700 $0 $0
Mineral Lease $5,400 $5,400 $0 $0
Other $340,600 $340,600 $0 $0
Transportation Restricted $64,600 $64,600 $0 $0
GF Restricted $233,400 $233,400 $0 $0
TOTAL $15,885,100 $15,885,100 $0 $0

 

Office of the Legislative Fiscal Analyst

1/30/1998 3:41:20 PM

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