(A)   The compensation for the services of the person holding the office of City Clerk-Treasurer shall be fixed by the Common Council. The ordinance must be published under I.C. 5-3- 1, with the first publication at least 30 days before final passage by the legislative body.
   (B)   The compensation may not be changed in the year for which it is fixed, nor may it be educed below the amount fixed if in the previous year.