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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Bulova
Fund Targeted Salary Increase for Treasurer's Staff

Item 66 #2h

Item 66 #2h

First Year - FY2025 Second Year - FY2026
Administration
Compensation Board FY2025 $1,840,017 FY2026 $2,007,291 GF

Language
Page 63, line 20, strike "$27,395,833" and insert "$29,235,850".
Page 63, line 20, strike "$27,395,833" and insert "$29,403,124".

Page 64, after line 22, insert:

"E. In addition to any salary increases authorized in Item 469 of this act, funding of $1,840,017 the first year and $2,007,291 the second year from the general fund is included in this item to implement the new proposed pay plan for employees of the Treasurer's effective July 1, 2024."



Explanation

(This amendment provides $1.84 million from the general fund in fiscal year 2025 and $2.0 million from the general fund in fiscal year 2026 to increase salaries for Treasurer's staff to parity with positions in the clerk of circuit courts offices.)