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2015_0713_CCpacket
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8/10/2015 4:09:41 PM
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07/13/2015 <br /> 2016 City Manager <br /> Recommended Budget <br /> Cost of living adjustment (COLA) Discussion <br /> City Council policy to award COLA to non-union employees based on <br /> the previous years Consumer Price Index(CPI) for Minneapolis/St. <br /> Paul and the Employment Cost Index(ECI) for State of Local <br /> Government workers. <br /> The most recent CPI for MSP will be released on July 17. The <br /> national CPI numbers show a 0%increase through May. <br /> The most recent ECI covers the first quarter of 2015 and rose 1.8% <br /> for wages and salaries. The second quarter numbers will be relased <br /> at the end of July. <br /> While acknowledging the lower index numbers, the City Manager is <br /> proposing 2%COLA for all non-union employees starting in 2016 to ." <br /> remain consistent with union employees and competitive with peer w� <br /> communities. <br /> 2016 City Manager <br /> Recommended Budget <br /> New Employee Positions <br /> 6 <br />
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