Staff memo.
The Recommended 2014 Tax Supported Operating Budget currently being deliberated by Council includes slightly less than $2 million for overtime. This represents 2% of wages and salaries, not 2.5%. To achieve the 2.5% comparator identified in the Internal Auditor’s OT Audit report would require a $380,000 or 0.3% tax rate increase and staff do not recommend this. In short, the currently recommended 2014 Budget does meet the Chamber’s recommended base line of 2%. Staff