§ 40.08 ADJUSTMENT TO CONTRIBUTION LIMIT.
   The contribution limit set forth in § 40.03 shall be automatically adjusted every two years by the City Council, City Clerk, City Manager, or other authority to reflect the percentage changes in the California Consumer Price Index (“CPI”) beginning January 1, 2023. Any increase or decrease in contribution limit based on the CPI shall be rounded to the nearest $10 and no hundredths of a dollar.
(Ord. 1468, passed 3-2-22)