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Committee approves ordinance change to use June CPI for budget timing
5764062 · July 17, 2025
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Summary
To improve internal budget timing, the Ways and Means Committee approved an adjustment to the city's ordinance to use the June Consumer Price Index for budget modeling; the change passed by voice vote and will go to the full board for final action.
The Ways and Means Committee voted to approve an adjustment to a city ordinance so staff could use the June Consumer Price Index (CPI) for internal budget modeling and compensation planning. City staff said using the June CPI—which is…
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