Q&A
DOF Personal Services savings explanation
3:10:20
·
44 sec
Council Member Brannan inquires about a $1 million peg in FY24 related to Personal Services savings. CFO Jacqueline James clarifies that it's not a peg but an annual accrual takedown.
- The $1 million is from PS savings and accruals, reviewed annually with OMB
- It's not associated with any specific title or position
- The savings are just from accruals, not from cutting specific expenses or positions
Justin Brannan
3:10:20
The executive plan includes a peg of $1,000,000 in f y 24 related to PS savings.
3:10:27
Why did the department take this peg?
3:10:29
Was it instructed by OMB?
Preston Niblack
3:10:32
Let me turn that over to, deputy commissioner James to answer.
Jacqueline James
3:10:36
So it's not a peg.
Adrienne E. Adams
3:10:38
It is an, it is
Jacqueline James
3:10:40
what we do every spring with OMB.
3:10:42
We take a look at our accruals and our PS savings, and we decide how much we can take down at that time.
3:10:47
So this is just an accrual takedown.
3:10:49
It's an annual.
3:10:50
It's not associated with any specific title whatsoever.
Justin Brannan
3:10:53
So what what positions or expenses were included in those savings?
Jacqueline James
3:10:57
It's just the Pierce accrual.
3:10:58
All of our
Justin Brannan
3:10:59
Just accruals?
Adrienne E. Adams
3:11:00
Yes.
3:11:00
Just accruals.
Justin Brannan
3:11:03
K.
