Agenda No. 26.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | February 20, 2024 |
| Department: | Finance |
| Subject: | Council Pay Adjustment (S.Gonzalez/J.Walters) |
BACKGROUND
Ordinance 08-G-31 provides for annual pay adjustments based on the January Consumer Price Index (CPI) for the South Region. The CPI report for January was released mid-February.
Below is a table show the CPI percentage change and the combined compensation and allowance amounts per pay period.
Annual cost of the increase would be $1,479.10. This cost falls in the budgeted amount and will not result in an budget shortfall.
For the pay date of March 15, 2024, Mayor and Councilmember pay will be set to the 2024 amounts shown in the table. There will be no retroactive adjustment to the pay amount.
Ordinance 08-G-31 allows for the Mayor or Councilmembers to opt out of the pay change by submitting a letter with this intent to the City Manager. If you would like to remain at your current pay level, please notify the City Manager by March 8, 2024.
Below is a table show the CPI percentage change and the combined compensation and allowance amounts per pay period.
| 2023 | 2024 | |
| Mayor | $ 295.29 | $ 305.33 |
| Council | $179.84 | $185.95 |
| CPI | 3.4% |
Annual cost of the increase would be $1,479.10. This cost falls in the budgeted amount and will not result in an budget shortfall.
For the pay date of March 15, 2024, Mayor and Councilmember pay will be set to the 2024 amounts shown in the table. There will be no retroactive adjustment to the pay amount.
Ordinance 08-G-31 allows for the Mayor or Councilmembers to opt out of the pay change by submitting a letter with this intent to the City Manager. If you would like to remain at your current pay level, please notify the City Manager by March 8, 2024.
Attachments
- Council Pay Information Item 2024
- January 2024 CPI South Region
- Ord 2008-G-31 Council Compensation
- January 2024 CPI