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IDA adopts 2025–26 salary schedule with 3% increase, effective July 1

Industrial Development Agency (IDA) · October 16, 2025
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Summary

The IDA adopted its 2025–26 salary schedule effective July 1, 2025, described in the meeting as a standard 3% increase tied in part to an employee reallocation related to 'Michelle' taking on an assistant role to the chief financial officer.

The Industrial Development Agency voted to adopt the 2025–26 salary schedule, effective July 1, 2025. The Chair described the change as "a standard 3% increase" and said it reflected an internal reallocation associated with an employee, Michelle, assuming additional duties as an assistant to the CFO; the motion was seconded and approved by voice vote.

Board members did not raise additional questions during the item before the vote. The adopted schedule will take effect on July 1, 2025, per the motion approved at the Oct. 15 meeting.