2011/12 Supplemental Documentation

Uses of Revenue

Estimated 2011/2012 Cost of 1 Percent Salary Increase

  2010/11
Final Budget
2010/11
Retirement
Adjustment
1
2010/11
Adjusted
Base
2011/12 Cost
of 1 Percent
Salary Increase
Faculty
Salary $1,266,346,000   $1,266,346,000 $12,663,000
Retirement $214,228,000 $38,054,000 $252,282,000 $2,523,000
Social Security $93,076,000   $93,076,000 $931,000
Total $1,573,650,000 $38,054,000 $1,611,704,000 $16,117,000
Staff
Salaries $1,263,472,000   $1,263,472,000 $12,635,000
Retirement $202,793,000 $37,200,000 $239,993,000 $2,400,000
Social Security $90,830,000   $90,830,000 $908,000
Total $1,557,095,000 $37,200,000 $1,594,295,000 $15,943,000
Cost of 1% $3,130,745,000 $75,254,000 $3,205,999,000 $32,060,000
Cost of 3%       $96,180,000
12010/11 Member Categories, State Miscellaneous-Tier 1 increased from 16.917% to 19.922% (3.005%) and State Peace Officer/ Firefighter increased from 25.848% to 28.887% (3.039%%); state 2010/11 retirement adjustment is on campus 2010/11 final budget salaries only.