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08-09-2023 Workshop Packet
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08-09-2023 Workshop Packet
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8/25/2023 1:46:08 PM
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Personnel Costs3.00% COLA –Calculated by using the approach that has been used in the last several years:75% weight of COLA’s (Average of 3.39%) in survey of Cities25% weighting of Consumer Price Index (CPI) increase (1.80%) from May 2022 to May 2023 The 2024 COLA is in addition to step increases of 3.25% based on the approved wage scaleNot all of the Employees will receive the step increase in 2024 since some have reached their max step in prior years.
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