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2007 Session

Budget Bill - HB1650 (Chapter 847)

Compensation Board

Item 61

Item 61

First Year - FY2007Second Year - FY2008
Financial Assistance for Local Finance Directors (71700)$5,861,539$5,958,739
Financial Assistance to Local Finance Directors (71701)FY2007 $526,257FY2008 $526,257
Financial Assistance for Operations of Local Finance Directors (71702)FY2007 $5,335,282FY2008 $5,432,482
Fund Sources:  
GeneralFY2007 $5,861,539FY2008 $5,958,739

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, 2006

December 1, 2006

December 1, 2007

 

to

to

to

 

November 30, 2006

November 30, 2007

June 30, 2008


 


Less than 10,000

$53,943

$56,101

$56,101

 

 

 

$58,345

 

 

 

 

10,000-19,999

$59,939

$62,337

$62,337

 

 

 

$64,830

 

 

 

 

20,000-39,999

$66,599

$69,263

$69,263

 

 

 

$72,034

 

 

 

 

40,000-69,999

$73,997

$76,957

$76,957

 

 

 

$80,035

 

 

 

 

70,000-99,999

$82,220

$85,509

$85,509

 

 

 

$88,929

 

 

 

 

100,000-174,999

$91,354

$95,008

$95,008

 

 

 

$98,808

 

 

 

 

175,000 to 249,999

$96,164

$100,011

$100,011

 

 

 

$104,011

 

 

 

 

250,000 and above

$109,277

$113,648

$113,648

 

 

 

$118,194

 

 

 

 


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, 2006, and June 30, 2007.


C.1. Subject to appropriations by the General Assembly for this purpose, 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.