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2005 Session

Budget Bill - HB1500 (Introduced)

Compensation Board

Item 69.10

Item 69.10

First Year - FY2005Second Year - FY2006
Financial Assistance for Local Finance Directors (71700)$5,536,713$5,536,713
Financial Assistance for Local Finance Directors (71701)FY2005 $515,271FY2006 $515,271
Financial Assistance for Operations of Local Directors of Finance (71702)FY2005 $5,021,442FY2006 $5,021,442
Fund Sources: 
GeneralFY2005 $5,536,713FY2006 $5,536,713

A.1. The annual salaries of elected or appointed officers who hold the combined office of city treasurer and commissioner of the revenue, or elected or appointed officers who hold the combined office of county treasurer and commissioner of the revenue subject to the provisions of § 15.2-1636.17, Code of Virginia, shall be as hereinafter prescribed, based on the services provided, except as otherwise provided in § 15.2-1636.12, Code of Virginia.


 

July 1, 2004

December 1, 2004

December 1, 2005

 

to

to

to

 

November 30, 2004

November 30, 2005

June 30, 2006


 


Less than 10,000

$50,165

$51,670

$51,670

 

 

 

$53,220

10,000-19,999

$55,741

$57,413

$57,413

 

 

 

$59,135

20,000-39,999

$61,934

$63,792

$63,792

 

 

 

$65,706

40,000-69,999

$68,814

$70,878

$70,878

 

 

 

$73,004

70,000-99,999

$76,461

$78,755

$78,755

 

 

 

$81,118

100,000-174,999

$84,955

$87,504

$87,504

 

 

 

$90,129

175,000 to 249,999

$89,428

$92,111

$92,111

 

 

 

$94,874

250,000 and above

$101,622

$104,671

$104,671

 

 

 

$107,811


2. Whenever any officer whether elected or appointed, who holds that combined office of city treasurer and commissioner of the revenue, is such for two or more cities or for a county and city together, the aggregate population of such political subdivisions shall be the population for the purpose of arriving at the salary of such officer under the provisions of this item.


B. There is hereby reappropriated the unexpended balance remaining in this program on June 30, 2004, and June 30, 2005.


C.1. The Treasurers' Career Development Program shall be made available by the Compensation Board to appointed officers who hold the combined office of city or county treasurer and commissioner of the revenue subject to the provisions of § 15.2-1636.17, Code of Virginia.


2. The Compensation Board may increase the annual salary in paragraph A1 of this item following receipt of the appointed officer's certification that the minimum requirements of the Treasurers' Career Development Program have been met, provided that such certifications are submitted by appointed officers as part of their annual budget request to the Compensation Board on February 1 of each year. The amount of increase shall be subject to appropriations by the General Assembly for this purpose.