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Lewisburg council OKs cost-of-living pay adjustment; debate centers on effective date
Summary
Council approved a 3% cost-of-living adjustment for city employees but amended the effective date to July 1 to limit fiscal carryback into the prior fiscal year; members debated the accrual and budget impacts.
The Lewisburg City Council approved a 3% cost-of-living adjustment (COLA) for city employees and amended the effective date so the raise would take effect in the city’s current budget year rather than be applied retroactively to the previous fiscal year.
City finance staff told council members the original drafting projected a 3% effective date of June 30, which would have required accruing an extra day of payroll into the prior…
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