Uses of Revenue
| Estimated 2013/14 Cost of 1 Percent Salary Increase | ||||
|---|---|---|---|---|
| 2012/13 Final Budget |
2012/13 Retirement Adjustment |
2012/13 Adjusted Base |
2013/14 Cost of 1 Percent Salary Increase |
|
| Faculty | ||||
| Salaries | $1,134,607,000 | $1,134,607,000 | $11,346,000 | |
| Retirement | $198,474,000 | $26,414,000 | $224,888,000 | $2,249,000 |
| Social Security | $82,259,000 | $82,259,000 | $823,000 | |
| Total | $1,415,340,000 | $26,414,000 | $1,441,754,000 | $14,418,000 |
| Staff | ||||
| Salaries | $1,137,413,000 | $1,137,413,000 | $11,374,000 | |
| Retirement | $191,659,000 | $25,035,000 | $216,694,000 | $2,167,000 |
| Social Security | $79,360,000 | $79,360,000 | $794,000 | |
| Total | $1,408,432,000 | $25,035,000 | $1,433,467,000 | $14,335,000 |
| Cost of 1% | $2,823,772,000 | $51,449,000 | $2,875,221,000 | $28,753,000 |
| Cost of 3% | $86,259,000 | |||
