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CCP 02-17-2004
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CCP 02-17-2004
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<br />. <br /> <br />~ <br />"i'\~HILLS <br /> <br />MEMORANDUM <br /> <br />DATE: <br /> <br />February 11,2004 <br /> <br />Agenda Item 2F <br /> <br />TO: Honorable Mayor and City Council <br /> <br />FROM: Murtuza Siddiqui, Finance Director/Treasurer "MS <br /> <br />SUBJECT: Pay Review & Analysis - Council Members <br /> <br />BACKGROUND: <br /> <br />A recent review and analysis of our financial records (2000 - present) indicated that council <br />members' actual compensation is not consistent with our city ordinance. <br /> <br />. According to the city ordinance, the annual salary for a council member is $3,200, or $266.67 <br />per month. The review indicated that the actual compensation has been $3,180 annually, or $265 <br />per month. In early 2002, the frequency of salary payments was changed from a monthly basis <br />to a quarterly basis. At that point, the quarterly amount was determined by multiplying the <br />monthly amount by 3, making it $795. <br /> <br />Finance staff recalls that the compensation since the late 1990's has been $265 per month. An <br />explanation cannot be offered as to why the council members were and are compensated $265 <br />per month or $795 per quarter. One could only speculate that a decision may have been made in <br />the past to round the number to $265, instead of the actual $266.67. <br /> <br />DISCUSSION: <br /> <br />Based on the existing city ordinance, the annual compensation for the council member should be <br />$3,200. On a quarterly basis, this amounts to $800. <br /> <br />RECOMMENDED ACTION: <br /> <br />Moving forward, staff recommends that the actual payment reflects the amount as outlined in the <br />city ordinance. <br /> <br />. <br />
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