SUBJECT
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An Ordinance of The City of Laredo, Texas, amending Chapter 2, Article II, Division 6 (Pay Administration), of the City of Laredo Code of Ordinances, specifically Section 2-87.7-Policy (C.)(12)(A.) by providing for a three percent Cost of Living Adjustment (COLA) to the wage schedule and for all City of Laredo Employees effective October 1, 2024; except Full Time Contract Employees, Interns, Cooperative Education Program Employees (Co-Ops), Elected Officials, Temporary Contract Labor Employees, and Firefighters and Police Officers Governed by the Terms of Collective Bargaining Agreement; providing that this Ordinance shall be cumulative; providing a severability clause; and declaring an effective date (As Amended).
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PREVIOUS COUNCIL ACTION
On August 8, 2024, City Council motioned to approve a 3% Cost of Living Adjustment (COLA) to the wage schedule and to all City of Laredo Employees.
BACKGROUND
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COMMITTEE RECOMMENDATION
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STAFF RECOMMENDATION
recommendation
Staff recommends that City Council approve this item.
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Fiscal Impact
Fiscal Year: N/A
Budgeted Y/N?: N/A
Source of Funds: N/A
Account #: N/A
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
Funding will be available in all City funds.