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Department Approval l�� � REQUEST FOR COUNCIL ACTION Attachment D Date: October 21, 2013 Item No.: 13.a Interim� �anager Approval /' � Item Description: Consider Policy on Annual Staff Cost of Living Adjustments BACKGROUND As requested by the City Council, staff has prepared language for a Council policy on city staff cost of living adjustments. During the September 9, 2013 meeting the Council requested that staff prepare a policy that would use the Consumer Price Index (which is a measure of the average change over tin�e in the prices paid by urban consumers for a marlcet baslcet of consumer goods and services) as the basis for staff cost of living adjustments annually. Policy Language: Annually, during budget discussions, the City will provide any cost of living wage adjustments as deemed necessary by utilizing the Bureau of Labor Statistics (BLS) site for the CPI of urban consumers in the Minneapolis/St. Paul area for the previous fiscal year as the basis. This percentage will be rounded to the nearest tenth of a percent. Using this methodology, the BLS CPI — U far the previous fiscal year from July 2012 through July 2013 far consideration of the January 2014 COLA then is 2.05% or rounded to 2.1% as shown in attachment A POLICY OBJECTIVE To deliver a wage system and structure that is fair and equitable while allowing Roseville to attract and retain quality staff in the marketplace. BUDGET IMPLICATIONS The current budget for 2014 already has 2% set aside for wage adjustments. STAFF RECOMMENDATION Staff recommends that the City Council move ahead with a policy and budget decision at this time. Therefore staff recomends the following: 1. Implement the City Council compensation policy to be utilized moving forward. 2. Approve the 2014 cost of living adjustment utilizing the the 2.1 % as indicated using the new policy. Page 1 of 2