Page 554 - FY 2021-22 Adopted Budget file_Neat

LOS ANGELES CITY EMPLOYEES' RETIREMENT SYSTEM

SCHEDULE 2 -- ADMINISTRATIVE EXPENSE

Estimated Budget
Expenditures Budget Expenditures Appropriation
2019-20 2020-21 2020-21 2021-22

SALARIES
$ 15,178,877 $ 15,338,149 $ 17,450,000 General.............................................................. $ 16,696,575
-- 537,200 483,000 As Needed......................................................... $ 630,851
327,815 333,512 458,000 Overtime............................................................ 485,823
$ 15,506,692 $ 16,208,861 $ 18,391,000 Total Salaries........................................................ $ 17,813,249

EXPENSE
$ 123,181 $ 114,000 $ 126,000 Printing and Binding.......................................... $ 155,500
96,573 106,315 9,000 Travel................................................................ 96,815
6,178,415 6,829,700 7,010,424 Employee Benefits............................................ 8,362,800
-- 4,500 5,000 Transportation Expense.................................... 9,500
4,309,092 4,812,330 5,169,000 Contracts........................................................... 5,025,726
2,249,798 1,329,926 1,445,000 Office and Administrative.................................. 1,278,758
$ 12,957,059 $ 13,196,771 $ 13,764,424 Total Expense....................................................... $ 14,929,099

EQUIPMENT
$ 257,636 $ 547,116 $ 600,000 Furniture, Office and Technical Equipment....... $ 162,100
$ 257,636 $ 547,116 $ 600,000 Total Equipment.................................................... $ 162,100

$ 28,721,387 $ 29,952,748 $ 32,755,424 Total Administrative Expense............................... $ 32,904,448

ADMINISTRATIVE EXPENSE -- 115 TRUST

Estimated Budget
Expenditures Budget Expenditures Appropriation
2019-20 2020-21 2020-21 2021-22

EXPENSE

$ 751,235 $ 783,000 $ 770,000 Self Funded Insurance Administrative Fee....... $ 864,000
7,258 70,000 - Contracts........................................................... 70,000
229,381 60,000 442,000 Office and Administrative.................................. 642,000
$ 987,874 $ 913,000 $ 1,212,000 Total Expense....................................................... $ 1,576,000

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