2013/14 Supplemental Documentation

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