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CONSENT G4 <br />2/9/05 <br />ADDENDUM <br />ITEM: Compensation increases for Finance Director and City Administrator <br />SUBMITTED BY: Mayor Gehrz <br />~~EWED BY: Councilmembers Kuettel, Lamb, Talbot and Lindstrom <br />EXPLANATION: <br />Summary: In September 2003, the City Council requested a comprehensive salary review of <br />city employees. This was subsequently discussed in a council workshop, and two <br />recommendations were made by the Council for additional compensation over athree- ear <br />period, commencing in 2004. For 2004 and 2005, this additional compensation was ro <br />into the budget, with increases as follows: p grammed <br />Finance Director: $3,756 increase to $56,537 <br />City Administrator: $4,770 increase to $65,228 <br />This recommendation is retroactive to January 1, 2005. This is part of a comprehensive study of <br />employee salaries compared to the market of Group 7 cities utilizing the Stanton Salary Survey. <br />• ACTION ]ZE <br />QUESTED: <br />Approval of compensation increases for Finance Director and City Administrator <br />