Updated Assumptions (Continued)
4% annual increases budgeted for N&T IT staff that include annual performance increases, equity increases, bonuses, promotions and reclassifications are projected from FY2003-07.
For FY2004 a 54.2% overhead rate is used to cover costs of benefits, rent, training, computers, telephones, etc. (Increase due to higher EB rate.)
The NOC will not be physically staffed (7x24x365) through FY2007. It will continue to operate from 6 AM – 11 PM, M-F with the rest of the week covered by technical staff on beepers.