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Council approves pay-study adjustments and 5% compensation increase; estimated $1 million annual impact
3844920 · May 7, 2025
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Summary
Council approved a budget amendment implementing a pay study and a 5% compensation increase for town employees; staff estimated the full-year cost at about $1 million and said funds would be moved within the existing budget and covered by reserves where needed.
The Town Council approved a budget ordinance amendment on May 6 to implement pay-study adjustments and a 5% compensation increase for town employees. Town staff told the council the six-month cost of the pay-study implementation across funds is about $500,000, implying an annualized cost of roughly $1…
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