Page 399 - 2020-21 Budget Summary
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LOS ANGELES CITY EMPLOYEES' RETIREMENT SYSTEM
SCHEDULE 2 -- ADMINISTRATIVE EXPENSE
Estimated Budget
Expenditures Budget Expenditures Appropriation
2018-19 2019-20 2019-20 2020-21
SALARIES
$ 12,852,195 $ 14,110,952 $ 15,276,000 General.............................................................. $ 15,810,214
-- -- -- As Needed......................................................... $ 691,124
286,210 473,744 361,000 Overtime............................................................ 563,367
$ 13,138,405 $ 14,584,696 $ 15,637,000 Total Salaries........................................................ $ 17,064,705
EXPENSE
$ 122,460 $ 124,000 $ 145,000 Printing and Binding.......................................... $ 175,000
96,997 245,845 171,000 Travel................................................................. 305,250
5,068,771 5,438,456 5,278,000 Contracts............................................................ 5,159,862
730,649 1,064,177 999,000 Office and Administrative.................................. 1,387,307
$ 6,018,877 $ 6,872,478 $ 6,593,000 Total Expense....................................................... $ 7,027,419
EQUIPMENT
$ 183,951 $ 496,725 $ 454,000 Furniture, Office and Technical Equipment...... $ 254,000
$ 183,951 $ 496,725 $ 454,000 Total Equipment.................................................... $ 254,000
$ 19,341,233 $ 21,953,899 $ 22,684,000 Total Administrative Expense............................... $ 24,346,124
ADMINISTRATIVE EXPENSE -- 115 TRUST
Estimated Budget
Expenditures Budget Expenditures Appropriation
2018-19 2019-20 2019-20 2020-21
EXPENSE
$ 364,721 $ -- $ 760,000 Self Funded Insurance Administrative Fee....... $ 783,000
1,215 -- 40,000 Office and Administrative.................................. 80,000
$ 365,936 $ -- $ 800,000 Total Expense....................................................... $ 863,000
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