TAMRMS#: B06
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Annual Remuneration
Notice given by: Mayor Heron
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BUDGET POSTPONED MOTION:
recommendation
Notwithstanding the provisions of C-CC-03 City Council Remuneration and Expense Reimbursement Policy and Procedure which adjusts Council Member Remuneration on April 1 of each year based on the Edmonton Consumer Price Index (ECPI), Council Members Annual Remuneration not be increased on April 1, 2020.
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POSTPONED MOTION ADMINISTRATIVE BACKGROUNDER
Administration’s Understanding of Intent Motion:
Mayor and Council will not see a wage increase from April 1, 2020 to March 31, 2021 unless a subsequent motion is made. Council would be eligible for increase in 2021 based on Edmonton CPI in accordance with policy. If the motion is passed, the budget will be reduced by $6,200 thereby reducing the 2020 tax requirement.
Operational or Organizational Impacts if Motion is Approved:
None identified
Financial Implications of Motions:
The City would not provide an increase to Council members; this results in an estimated savings in 2020, assuming ECPI is 1.8%*, of $6,250.35
If 1.8% applied to 2019 rates:
(6 Council * 52,469) * 1.8% $5666.65
1 Mayor * 134689.92 * 1.8% $2424.42
$8091.07
ER cont to retirement (3%) $242.73
Total Full Year Impact $8333.80
2020 impact (9 months) = 0.75 * 8333.80 $6250.35
*Edmonton CPI for December 31 is unknown until late January 2020. In all likelihood 1.8% is on the upper end of plausible ECPI so amounts stated should be viewed as the higher end of potential savings from motion. If Edmonton CPI came out to 1.0% the savings would be $3,472.42 in 2020. 1.0% would be the lower end of plausible ECPI so this motion has a plausible savings of between $3,472.42 - $6250.35 in 2020.
Stakeholder Consultations:
N/A
Background:
The City is in a...
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