Sunday, December 27, 2009

Results of Poll on Vancouver City Councillor Payraise in 2010

CityCaucus.com also see Santa delivers Vancouver councillors a jolly pay raise
What percentage pay increase should Vancouver councillors get in 2010?

------------

Don Quixote Note: As per request in advance of the budget deliberations a poll for the local Vernon Council has been added in the right column of this blog.

Vernon Council Salaries are adjusted each Jan 1 for the CPI as measured in November. Last years CPI in Nov. 2008 made for a 2% adjustment upwards. This year's CPI in Nov 2009 is a 1% adjustment upwards Bank Of Canada Inflation Tables:. You can see the Council Indemnities budget on page 48 of the 2010-2014 City of Vernon Proposed Financial Plan. The 2010 Projected Budget of $223,993 is an increase of $33,445 )(17.55%) over the 2009 budget figure of $190,548. The increase over the CPI figure of 1% are obviously to budget for the $137 per City of Vernon committee meeting that Council can apply for if they choose. Assuming a budgeted figure of $31,535 for committee meetings there will be 230 applications for compensation. (N.B.: 1/3 of the meeting fee is non-taxable) (The meeting fee will NOT be adjusted upwards yearly as there was no COLA clause put in when it was passed in early Fall.)

No comments: