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Personnel costs to rise; staff recommends $930,807 Section 115 trust contribution to address pension UAL
Summary
Staff told the board that personnel costs are budgeted up about 4.33% year‑over‑year, health premiums are rising, and recommended a $930,807 contribution to the district's Section 115 trust to address CalPERS unfunded actuarial liability and move funded status from about 74% to 76%.
Staff presented a personnel budget overview showing an overall personnel cost increase of approximately 4.33% budget‑to‑budget and highlighted benefit cost pressures, including a ~10.5% increase in health insurance premiums.
The presenter explained that pension and other post‑employment benefit costs remain a significant portion of benefit liabilities and outlined a staff recommendation to contribute $930,807 to the district's Section 115 trust in 2026. “We're recommending 930,807 for 2026 which does match that employer's normal cost of the payment to the CalPERS pension,” the presenter said, noting the trust balance as of Q3 was around 74% funded and the proposed contribution would move that toward 76% with the long‑term policy target set at 85%.
HR manager Katie Delone reiterated there are no recommended new full‑time positions for 2026 and confirmed the Assistant General Manager position is budgeted but expected to retire during the year; staff plan to revisit any hiring recommendations through the next year's budget process.
