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Memorandum
To: Board of Directors
From: Peter L. Holzmeister
Date: April 11, 2003
Subject: Public hearing on ordinance adjusting the compensation of the general manager
1. WHY THIS MATTER IS BEFORE THE BOARD
The Board scheduled a public hearing to consider an ordinance adjusting the compensation of the general manager. The hearing is scheduled for 7:00 PM on Wednesday evening.
2. HISTORY
My current salary is $________ per year. To provide you with a comparison, the general managers of TSD and TTSA earn $_______ and $________annually respectively.
3. NEW INFORMATION
The other management and professional employees received a salary increase of 3%. The union received a 3% wage increase plus a ______% increase in contribution to the pension benefit.
4. RECOMMENDATION
At the conclusion of the public hearing you will be able to consider adopting an ordinance setting the salary. Attached is a copy of the current ordinance.
If the Board approved a 3% increase for me the amount of the increase would be $_______ per year, for a salary of $_________.