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<br />E <br /> <br />MONDAY <br /> <br />APRIL 25, 1983 <br /> <br />Estimated Cost to City - Mulberry Road Extension <br /> <br />Engineering - 15% of $245,000 <br />Right-of-Way and Construction - <br />5% of $3,255,000 <br /> <br />$ 36,750 <br /> <br />162,750 <br /> <br />Estimated Total City Cost <br /> <br />$199,500 <br /> <br />$199,500 <br />$ 35,500 <br /> <br />Balance 1986 <br /> <br />-- <br /> <br />Spruce Street Bridge Project <br />Less Cost to City <br />Net Projected Balance 1986 <br /> <br />$ 24,598 <br /> <br />$ 24,598 <br />$ 10,902 <br /> <br />C. A line-item comparison of 1982-83 budgeted costs for <br />worker's compensation insurance with estimated 1983-84 <br />costs, showing an increase in 1983-84 (over 1982-83) <br />of $51,044.00, principally because of a reclassification <br />(for insurance premium purposes) of employee salaries <br />and wages, particularly those of the Electric Department. <br /> <br />D. A summary of travel expense line items proposed for <br />1983-84, reflecting a total of such items in the amount <br />of $48,828.00, or $2,795.00 (6%) increase over the <br />total budgeted for 1982-83. <br /> <br />E. A description of the City's present employee group medical <br />insurance plan, cost of which is expected to increase as <br />of September 1, 1983, plus descriptions and estimated costs <br />of several optional plans, some of which would require more <br />out-of-pocket expenses on the part of employees (than re- <br />quired under the City's present plan). <br /> <br />F. The following impact and/or relationship that the 1983-84 <br />pay proposals will have upon the City's current plan: <br /> <br />In addition to the statistical data, there are several points <br />to keep in mind. One, the VSRS option benefits only fulltime <br />employees. Two, the pay plan adjustment benefits only those <br />employees covered by the pay plan. And three, only those em- <br />ployees due a step increase will benefit from the regular 2.5%. <br />There are approximately 148 (out of 363 total) employees that <br />will benefit from all three. 270 employees will benefit from <br />the pay plan adjustment, 156 within the pay plan for an annual <br />step increase, and about 352 out of the current total from the <br />VSRS option. Eleven part-time employees will be excluded from <br />the VSRS proposal. <br /> <br />The costs involved are: <br /> <br />VSRS Option <br />Pay Plan Adjustment <br />Step Increases <br /> <br />$266,233 <br />25,935 <br />34,319 <br />