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MEMORANDUM <br />To: Mayor McMillan and Orono City Council <br />From: Ron Olson, Finance Director <br />Subject: 2016 Non -Union Compensation <br />Date: November 23, 2016 <br />At the October work session the council discussed non-union wages and the compensation study. <br />A decision was made to implement "option F of the compensation study which places <br />employees at the step that nearest to their current wages. The Council did not reach a consensus <br />on the annual cost of living adjustment (COLA). <br />Two decisions remain to be made concerning the COLA. The first is the amount; the work <br />session discussion centered on a COLA of between 2% and 2.75%. The second decision to be <br />made is how the COLA will be paid: a lump sum, a traditional COLA, or a combination of the <br />two. A 2.75% COLA will cost $34,189.82. There is enough money in the preliminary budget to <br />fund this COLA. <br />2016 Budget — Page 1 <br />