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Budget Committee reviews Town employee compensation spreadsheet; 2.8% COLA noted
Summary
The committee reviewed the Town Employee Compensation spreadsheet showing a 2.8% cost‑of‑living adjustment proposal and recorded that 2026 health insurance rates are projected to rise 1.08% from 2025.
Committee members reviewed the Town Employee Compensation spreadsheet during the Jan. 12 meeting and discussed assumptions for FY27 personnel costs. The spreadsheet as recorded in the minutes reflects a proposed COLA of 2.8%.
The minutes further note that 2026 health insurance rates are seeing a 1.08% rise from 2025. The committee did not record a formal vote on compensation at this session; the item remains under review and will be revisited in subsequent meetings.
