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Smithville board directs staff to draft budget with 10% for directors, 8% for frontline

Smithville Board of Aldermen · July 17, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After reviewing multiple compensation scenarios, the Board of Aldermen voted to direct staff to use a draft budget scenario applying 10% increases for directors and 8% for frontline staff; staff will further refine revenue projections and return a balanced budget.

The Smithville Board of Aldermen voted to direct staff to prepare the draft FY2025 budget using a compensation scenario that applies a 10% pay increase for directors and 8% for frontline employees.

Rick, the staff presenter, outlined five pay scenarios and the budgetary impacts of each, saying the new payroll base is roughly $4.5 million and warning that larger raises…

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