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SCCPSS finance advisory committee debates whether to treat COLA as baseline spending
Summary
Board members and staff debated whether a cost-of-living adjustment should be treated as a mandatory baseline obligation or a discretionary strategic investment; staff will return modeling (2%/3%) and a five-year compensation plan at an April 23 workshop.
Members of the Savannah-Chatham County Public School System Finance Advisory Committee spent the April meeting weighing whether a cost-of-living adjustment (COLA) should be built into the district’s baseline budget or treated as a discretionary decision requiring trade-offs.
The Chair opened the discussion by asking staff to clarify baseline versus strategic spending and asked for guidance on COLA. "A key area where we need committee guidance today is how to treat a cost of living adjustment," staff stated. The district’s finance staff and consultants said they will return specific cost models at the April 23…
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