Commencing January 1, 2024, the annual salaries of the Mayor and Council of the City of Sun Valley shall be as follows:
A. The Mayor of the City of Sun Valley shall receive an annual salary in the sum of thirty-eight thousand dollars ($38,000) to be paid in equal installments once per month.
B. Each member of the City Council of the City of Sun Valley shall receive an annual salary in the sum of twenty-thousand dollars ($20,000) to be paid in equal sums once per month.
C. The Mayor and each member of the Council shall receive health, dental, retirement, life insurance and wellness benefits commensurate with the benefits afforded City employees. "Commensurate" shall mean equal or similar to something in size, amount, or degree, and does not mean exactly the same as or identical to the benefits afforded City employees.
D. The Mayor and any member of the Council may opt to receive reimbursement for their own qualifying health insurance coverage (or coverage under a partner's policy) in lieu of coverage under the City's health insurance plan provided however, that the total amount of such reimbursement does not exceed the amount of premium that would otherwise be paid to the City's health insurance carrier or carriers. Such reimbursement may be made directly or through a Voluntary Employees Beneficiary Association (VEBA) plan or similar plan as approved and adopted by resolution of the City Council and to the extent permitted by Federal and State law.
(Ord. 492, 11-3-2016, eff. 1-1-2018; amd. Ord. 571, 1-5-2023)