Beaufort County explains 2.5% COLA recommendation as CPI data evolves
County staff told commissioners the recommended 2.5% cost-of-living adjustment was based on March CPI (12-month to February 2.41%); more recent April figures rose to 3.81%, which postdates the budget build.
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County staff explained the rationale behind the recommended employee cost-of-living adjustment (COLA) during the budget workshop, saying the percentage was set based on the best CPI information available when staff built the expenditure budget.
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