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Date: June 10, 2024 Item: 7 <br />Presenter: Maggie Jin, Finance Director <br />Section: Consent Agenda <br /> <br />Title: Employee Pay Correction - Resolution 7484 <br /> <br /> <br />1.Purpose: <br />The purpose of this action item is to adopt a resolution approving the corrected 2024 pay and <br />benefit plan adjustments for city employees. <br />2.Background: <br />The City adopted the 2024 wage and benefits for city employees on December 11, 2023. There <br />were a couple administrative errors that were made. <br /> <br /> Insurance. The City's monthly insurance contribution for family should be $1,715, which <br />remains unchanged from 2023 amount. Staff mistakenly typed in $1,750. <br /> <br /> Compensation. The 2024 budget has been prepared with longevity pay for qualifying <br />employees, which is consistent with 2023 approved pay. This is consistent with the City's <br />labor agreements for union personnel. Longevity pay for qualifying employees will be $0.10 <br />per hour for each year of service once an employee reaches eight years of service. <br /> <br />The 2024 budget had the above items factored in. <br />3.Staff Recommendation: <br />Staff recommends approval of resolution #7484 approving the corrected 2024 pay and benefit plan <br />adjustments for city employees. <br />AGENDA ITEM <br /> <br /> <br /> <br /> <br /> <br />COUNCIL ACTION REQUESTED <br />Motion to approve resolution #7484 approving the corrected 2024 pay and benefit plan adjustments for <br />city employees. <br />Exhibits <br />A. Resolution 7484 - Amending City Employee Pay Scale Adjustments For 2024 <br />32