Board considers trimming 3% COLA and adopting performance-based pay
Commissioners discussed reducing an across-the-board 3% COLA to 2% (estimated $333,000 savings) and moving to a performance-based salary matrix so raises are tied to position ranges rather than an automatic annual COLA.
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The CFO and commissioners discussed whether to reduce a proposed 3% cost-of-living adjustment to 2% to save budget dollars and whether to shift to a performance-based pay matrix. Christian told the board that "reducing that by 1% would save the budget, dollars 333,000," and several commissioners said recent work brought many positions up to market rates, making a full across-the-board COLA less necessary.
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