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08-22-12
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08-22-2012
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08-22-12
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staff. The approved COLA and step increases brought the City's overall compensation <br /> average to roughly 7% below market for non-union personnel. <br /> In comparison, the City's six union positions were typically very competitive with the <br /> market(within 5% above or below the average). The minimum wages were on average <br /> 5.42% above the market, midpoint wages were 2.13% above the market average and <br /> maximum wages were typically at the market rate average. <br /> Conclusion <br /> The initial draft of the 2013 budget requires a minimal tax levy increase of 1.39%. <br /> Council needs to come to consensus and direct staff on whether this levy is appropriate <br /> for preliminary adoption or not. Additionally, if there are other issues or topics that they <br /> would like to refer to and study, staff also awaits that direction as well. <br /> H:\Budget and TNT Presentations\Budget 2013\2013 Budget Draft August 22,2012.doc <br />
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