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Council approves 5% cost-of-living adjustment for full-time employees
Summary
The Audit/Finance Committee recommended a 5% cost-of-living adjustment for all regular full-time employees for FY 2026-2027 in addition to automatic step increases; Council approved the recommendation 5-0.
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Laura Taylor, Audit/Finance Committee Chair, reported the committee discussed cost-of-living adjustments for Town salaries and recommended a 5% cost-of-living adjustment for all regular full-time employees in addition to automatic step increases for eligible staff as part of the FY 2026-2027 draft budget. Councilmember Duane Phillips moved to approve the committee recommendation and the motion passed by roll call vote 5-0.
The minutes record the approved percentage but do not provide estimated budgetary cost or funding source details; next steps will appear in budget documents as the FY 2026-2027 draft budget is finalized.
