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Greensboro draft budget proposes $2,000 per‑employee pay increase, excluding new public‑works hire
Summary
Staff presented a proposed $2,000 pay increase per current employee; the increase excludes a new public‑works hire and will alter FICA and retirement cost calculations in the draft budget.
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Cindy presented a revision to the draft budget that includes an increase in employee pay of $2,000 per employee. The transcript notes the increase explicitly excludes the new public‑works employee; staff said the change will affect FICA and retirement calculations included in the budget model.
Workshop discussion focused on the fiscal impact of the pay adjustment and how benefit costs (FICA and retirement) will scale with the increase. No formal motion or vote was taken at the workshop; the pay adjustment will be part of the package discussed at the May 20 public hearing and considered for final approval by June 4.
