(a) Effective January 1, 1986, the salary of the Treasurer shall be two thousand dollars ($2,000) per annum, payable bi-weekly.
(b) The Treasurer shall be allowed an expense allowance of five hundred dollars ($500.00) per annum, payable quarterly.
(c) The Treasurer’s salary and expenses shall be annually adjusted on January 1 of each year hereafter by an amount equal to the same percentage of increase as is used to increase other City employees.
Effective January 1, 2014, the Treasurer’s salary and expenses shall be annually adjusted on January 1 of each year thereafter by a percentage equal to the average of annual wage increases provided in the City’s labor contracts with Union employees.
(d) The Treasurer shall give bond in the sum of five thousand dollars ($5,000).
(Ord. 62(84-85). Passed 11-25-85; Ord. 22(2004-05). Passed 6-13-05; Ord. 30(2008-09). Passed 11-23-09.)