Page 86 - HurstFY23AnnualBudget

APPROVED BUDGET FISCAL YEAR 2022-2023

The City of Hurst participates in the Texas Municipal Retirement Systems (TMRS) for eligible
employees. Since November 2000, any employee of the city who was a member of TMRS would
be eligible to retire and receive a service retirement annuity if the member has at least 5 years
of credited service and is at least age 60 or has at least 20 years of credited service at any age.
The employee contribution for the Texas Municipal Retirement System is 7% of employee wages
and the City matches contributions 2:1 in retirement. Employee contributions are tax deferred.
City employees participate in the Federal Social Security program and the City matches
employees' contributions. Employees working 1,000 hours or more have a third method for
retirement savings through contributing to a deferred compensation plan (457 plan) with tax-
deferred dollars.

Regular full-time employees receive longevity pay that is based on the number of completed
years of service starting at four dollars per month for each year and increasing to a maximum of
$210 per month with thirty years of service.

Additional benefits for regular full-time employees include 15 days of accrued sick leave per year
with unlimited carry over allowance and a minimum of 10 vacation days and 9 holidays per year.
The city offers partial reimbursement of tuition upon satisfactory completion of job-related
courses subject to the Education Tuition Reimbursement program guidelines. A variety of
rewards and recognition programs are also provided to employees. It is a financial policy of the
City to fund positions at their full annual cost for budgetary purposes even if it is projected that
vacancies might occur. Personnel Services are a major portion of the budget at 74% of the general
Fund. A personnel table of approved full-time equivalent positions by department/division for
four years and an analysis of changes for fiscal year 2022-2023 are shown below.

*Hurst Parks staff at The City of Hurst 70 anniversary celebration
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