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2014 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Newman
Compression Adjustment - Finance Directors

Item 68 #5s

Item 68 #5s

First Year - FY2015 Second Year - FY2016
Administration
Compensation Board FY2015 $141,695 FY2016 $141,695 GF

Language
Page 50, line 33, strike "$5,405,563" and insert "$5,547,258".
Page 50, line 33, strike "$5,405,563" and insert "$5,547,258".


Explanation
(This amendment provides $141,695 each year from the general fund for adjustments to address salary compression in the offices of local finance directors. Companion amendments provide comparable adjustments for the other state-supported local constitutional offices, similar to the compression relief afforded to classified state employees by the 2013 General Assembly. Officers and deputies, other than sworn deputies in sheriffs' offices and regional jails, with more than five years of service, would be provided compression adjustments of $65 per year of service, up to a maximum of 30 years of service. Sworn deputies in sheriffs' offices and regional jails would be provided $70 per year of service, up to a maximum of 30 years of service.)