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Belvedere budget includes compensation 'true-up,' added police staffing and rising pension costs
Summary
City staff incorporated a one‑time compensation adjustment (~$124,000) to move salaries toward market, budgeted $235,000 for a temporary police officer and increased pension (UAL) payments—committee discussed a planned pension funding review.
The proposed FY26–27 budget includes a one‑time compensation adjustment and added near‑term police staffing. Robert Sadnick described the compensation study and a one‑time "true up" included in the draft, explaining the budget includes a $124,000 adjustment intended to move pay toward market levels along with ongoing assumed COLAs.
Staff also budgeted $235,000 for a temporary police officer (salary and benefits) and set aside $30,000 for a policing study to evaluate department structure and longer‑term options. Helga Kotter noted that pension contributions and the unfunded accrued liability (UAL) will vary based on CalPERS actuarial valuations; the committee agreed to start a pension review process to examine whether some Section 115 assets should be transferred to CalPERS.
