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Council reviews personnel assumptions: 3% placeholder, URS tier‑2 one‑time bonus and 10% medical cost placeholder
Summary
The tentative budget includes a 3% placeholder for employee wage increases, a one-time payment to offset URS tier-2 contribution changes (about $12,500 total), and a conservative 10% placeholder for medical benefits.
City staff told the Council the tentative FY26 budget includes a 3% overall placeholder for employee compensation increases. Finance staff said the 3% is a placeholder while the city completes a market and merit analysis with a third‑party tool.
Mortensen also described a one-time proposed payment to offset increased employee retirement contributions for URS tier‑2 employees. He said last year…
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