ATTACHMENT B
COSTING
4-56
Current FY 2025/26 FY 2026/27 FY 2027/28
COLA 4.00% 4.00% 4.00%
Equity Adjustment for Sworn 2.00% - -
Longevity Pay
1.5% @ 16 Years
2.5% @ 20 Years
3.5% @ 25 Years
Medical Insurance1
Move-Up Assignment Pay for Captain to Battalion Chief 5% Convert Map/Preplan Pay to Turnout Coordinator Pay 2% for Map/Preplan Holiday Time to Cash
Impact on OT from Converting Holiday Time to Cash
NAL Bank
Baseline Compensation
Base Pay $16,187,981 $955,536 $1,641,277 $2,354,447
Supplemental Pays 1,487,419 837,992 954,687 1,082,548 Overtime 6,395,443 160,006 422,223 694,930 Pension Contribution 3,020,793 180,559 308,790 442,151 Medical Insurance 3,121,500 160,809 160,809 160,809 Other City Paid Benefits 3 1,005,393 450,784 507,539 566,659 SubTotal $31,218,529 $2,745,685 $3,995,326 $5,301,545
Base Salary Increase 4 5.90% 10.14% 14.54%
Total Compensation Increase 5 8.80% 12.80% 16.98%
COLA 1,144,006 2,304,231 3,510,960
Equity Adjustment 490,017 490,017 490,017 Longevity Pay 516,792 569,984 631,801 Medical Insurance 160,809 160,809 160,809
Move-Up Assignment Pay 666 720 777
Convert Map/Preplan Pay to Turnout Coordinator Pay 4,218 4,495 4,783 Holiday Time to Cash 269,958 290,532 311,930
Impact on OT from Converting Holiday Time to Cash (223,721) (223,721) (223,721) NAL Bank 382,940 398,258 414,188
2,745,685 3,995,326 5,301,545
1 Assumes maintaining the current level of funding, plus an additional $300 per month in health insurance benefits, effective May 2025. 2 Costs shown in years two and three reflect the cumulative budget impact in each year as compared to the current budgeted amounts. 3 Includes Medicare, Compensated Absences, Retiree Health Savings, Defined Contribution Plan, Life Insurance, and EAP. 4 Percentage shown in each year is as compared to current base salary, not the prior year. 5 Measured based on the total of all pay and benefits. Percentage is as compared to current total compensation, not the prior year. 5% of Base Pay for Turnout Coordinator
48 Hours
48 Hours
City of Newport Beach
NBFA MOU
Key Contract Terms
7/1/25 Additional $300/month (No Cash Back)
5.0% @ 15 Years
10% @ 20 Years
-48 Hours
9.50%
6 The costs shown reflect additional annual expenses in their corresponding fiscal years. Since the contract will take effect on May 3, 2025, the additional expense for FY 2024-25 is $422,413.
Cumulative Impact on Employee Compensation
Notes
Summary of Proposal Cost 2
Key Contract Terms
4-57