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2018 Special Session I

Budget Bill - HB5002 (HB5002S1)

Compensation Board

Item 72

Item 72

First Year - FY2019Second Year - FY2020
Financial Assistance for Local Treasurers (77400)$17,503,235$17,503,235
Financial Assistance to Local Treasurers (77401)FY2019 $10,224,591FY2020 $10,224,591
Financial Assistance for Operations of Local Treasurers (77402)FY2019 $7,113,008FY2020 $7,113,008
Financial Assistance for State Tax Services by Local Treasurers (77403)FY2019 $165,636FY2020 $165,636
Fund Sources: 
GeneralFY2019 $17,503,235FY2020 $17,503,235

Authority: Title 15.2, Chapter 16, Articles 2 and 6.1, Code of Virginia.


A.1. The annual salaries of treasurers, 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, 2018

July 1, 2019

December 1, 2019

to

to

to

June 30, 2019

November 30, 2019

June 30, 2020


Less than 10,000

$62,523

$62,523

$62,523

10,000 to 19,999

$69,473

$69,473

$69,473

20,000-39,999

$77,193

$77,193

$77,193

40,000-69,999

$85,767

$85,767

$85,767

70,000-99,999

$95,298

$95,298

$95,298

100,000-174,999

$105,883

$105,883

$105,883

175,000-249,999

$111,459

$111,459

$111,459

250,000 and above

$126,659

$126,659

$126,659


2. Provided, however, that in cities having a treasurer who neither collects nor disburses local taxes or revenue or who distributes local revenues but does not collect the same, such salaries shall be seventy-five percent of the salary prescribed above for the population range in which the city falls except that in no case shall any such treasurer, or any officer whether elected or appointed, who holds that combined office of city treasurer and commissioner of the revenue, receive an increase in salary less than the annual percentage increase provided from state funds to any other treasurer, within the same population range, who was at the maximum prescribed salary in effect for the fiscal year 1980.


3. Whenever a treasurer 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 treasurer under the provisions of this Item.


B.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 A 1 of this Item by 9.3 percent following receipt of the treasurer's certification that the minimum requirements of the Treasurers' Career Development Program have been met, provided that such certifications are submitted by treasurers as part of their annual budget request to the Compensation Board on February 1 of each year.


C.1. Subject to appropriations by the General Assembly for this purpose, the Compensation Board shall provide for a Deputy Treasurers' Career Development Program.


2. For each deputy treasurer selected by the treasurer for participation in the Deputy Treasurers' Career Development Program, the Compensation Board shall increase the annual salary established for that position by 9.3 percent following receipt of the treasurer's certification that the minimum requirements of the Deputy Treasurers' Career Development Program have been met, and provided that such certification is submitted by the treasurer as part of the annual budget request to the Compensation Board on or before February 1 of each year for an effective date of salary increase of the following July 1st.