Medicaid Expansion and Financial Overview slide image

Medicaid Expansion and Financial Overview

State Employee Pay Recognize State Employee Contributions with 5% Statewide Pay Adjustment ~Continue to Keep Pace With Strong Labor Market~ Apply statewide 5% pay adjustment for state employees . 1 Market continues to adjust, leaving state employees behind • . Still recovering from years of little-to-no pay increases $68.9mil SGF, and $168.8mil all funds budget impact Set minimum starting wage of $15/hour for all state employees • . • This does not impact the state's minimum wage for the private sector employers Impacts 969 employees, with a current average hourly rate of $13.17 $2.0mil SGF and $3.0mil all funds budget impact 1 Excludes elected officials, Teachers at KSSB and KSSD, and employees on an approved career progression plan 26
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