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This bill
authorizes the adjustment of salary schedules upward consistent with the
various collective bargaining agreements. The General Fund and Highway Fund
costs are to be supported through transfers between and within departments
and agencies and through the Salary Plan program, General Fund account within
the Department of Administrative and Financial Services. Transfers from the
Salary Plan are limited to up to $20,000,000 in fiscal year 2021-22 and
$25,000,000 in fiscal year 2022-23. The unobligated balance in the Salary
Plan as of July 2021 is $80,725,240. It is anticipated that additional
balances will lapse to the program at the end of the fiscal year. Since 2018,
net transfers into the Salary Plan have averaged about $12,300,000 per year. |