The Finance Director shall receive a salary of $83,576.76 per year. The Finance Director’s salary is payable 42% from the General Fund, 29% from the Water Operating Fund, and 29% from the Sewer Operating Fund. In addition, the position will receive a $500 stipend to be paid in January, similar to the bargaining unit members. The Finance Director will move to part-time status effective July 1, 2023. In this role, the Finance Director will earn $40.18 per hour ($83,576.76/2080). The Finance Director will be permitted to retain the existing longevity in his or her pay calculations, but will not be granted any additional pay for years of service earned after July 1, 2023. The Finance Director will also earn prorated vacation, personal and sick time benefits. The proration will be calculated based on 26 hours per week. The Finance Director can work more than 26 hours per week and be paid the hourly rate, but leave calculations will always be based on 26 hours. The Finance Director will earn holiday pay based on Section 141.18
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(Ord. 2-09. Passed 1-6-09; Ord. 1-11. Passed 1-4-11; Ord. 2-11. Passed 4-5-11; Ord. 29-12. Passed 12-4-12; Ord. 19-13. Passed 6-4-13; Ord. 5-14. Passed 3-18-14; Ord. 13-14. Passed 5-20-14; Ord. 24-14. Passed 12-16-14; Ord. 31-15. Passed 12-15-15; Ord. 23-16. Passed 10-4-16; Ord. 36-16. Passed 1-17-17; Ord. 2-17. Passed 3-7-17; Ord. 29-17. Passed 12-19-17; Ord. 12-18. Passed 3-20-18; Ord. 27-18. Passed 8-21-18; Ord. 48-18. Passed 12-4-18; Ord. 48-18. Passed 12-4-18; Ord. 4-19. Passed 2-19-19; Ord. 12-19. Passed 6-4-19; Ord. 37-19. Passed 12-17-19; Ord. 2-20. Passed 2-18-20; Ord. 22-20. Passed 11-3-20; Ord. 30-20. Passed 12-15-20; Ord. 40-21. Passed 1-18-22; Ord. 2-22. Passed 2-15-22; Ord. 15-22. Passed 7-19-22; Ord. 26-22. Passed 11-15-22; Ord. 1-23. Passed 2-21-23; Ord. 5-23. Passed 5-16-23; Ord. 11-23. Passed 8-15-23; Ord. 22-23. Passed 11-21-23; Ord. 26-23. Passed 11-7-23.)