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8.B. - Page 4 of 142 <br />The revised recommendation from the Ad Hoc Committee is as follows: <br />SEIU/RCMEA/PSA/COA/Confidential/Executive Management: <br />As of April 30, 2020, the City has collected $23.3 million in sales tax revenue. Staff is anticipating that <br />sales tax revenue for Fiscal Year 2019-20 will exceed $24.5 million. As a result, COLA salary increases of <br />three and one-half percent (3.5%) for SEIU for 2021, and RCMEA, PSA, COA, Confidential and Executive <br />Management for 2020 are recommended in accordance with Memorandum of Understanding (MOU) <br />requirements and the Executive Summary of Benefits. <br />Amendment to Executive Management Summary of Benefits: <br />In 2019, City Council approved the classification of City Clerk to transition from Council Appointed to <br />Executive Management, and the reinstatement of the classification of Human Resources Director. <br />CalPERS mandatory employee member contributions for new members (Tier 3) are subject to the <br />provisions of the Public Employee Pension Reform Act (PEPRA), including provisions governing reportable <br />compensation. The mandatory member contribution for Tier 3 members is 50% of the normal cost of the <br />benefit, subject to change each fiscal year. Amendments to the Executive Management Summary of <br />Benefits include updating list of classifications within Executive Management, and updating Tier 3 <br />mandatory member contributions to CalPERS pursuant to PEPRA provisions. <br />FISCAL IMPACT <br />The combined proposed COLA increases for Council appointed classifications will result in an estimated <br />total annual cost of $26,000. This amount includes salary, salary -driven benefits (such as pension <br />contributions), and required payroll taxes. <br />The COLA increases for SEIU, RCMEA, PSA, COA, and Executive Management were previously approved <br />by City Council in 2018 and 2019, and funds are included in the Fiscal Year 2020-21 Recommended Budget. <br />Page 4 of 6 <br />AL. <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />551 <br />Current <br />Annual <br />Salary <br />Increase <br />Recommended <br />by Ad Hoc <br />Committee on <br />May 26, 2020 <br />New Annual <br />Salary <br />Effective <br />Date <br />City Attorney <br />$251,604 <br />3% COLA <br />$259,152 <br />9/2/19 <br />City Manager <br />$295,008 <br />3% COLA <br />$303,864 <br />10/14/19 <br />SEIU/RCMEA/PSA/COA/Confidential/Executive Management: <br />As of April 30, 2020, the City has collected $23.3 million in sales tax revenue. Staff is anticipating that <br />sales tax revenue for Fiscal Year 2019-20 will exceed $24.5 million. As a result, COLA salary increases of <br />three and one-half percent (3.5%) for SEIU for 2021, and RCMEA, PSA, COA, Confidential and Executive <br />Management for 2020 are recommended in accordance with Memorandum of Understanding (MOU) <br />requirements and the Executive Summary of Benefits. <br />Amendment to Executive Management Summary of Benefits: <br />In 2019, City Council approved the classification of City Clerk to transition from Council Appointed to <br />Executive Management, and the reinstatement of the classification of Human Resources Director. <br />CalPERS mandatory employee member contributions for new members (Tier 3) are subject to the <br />provisions of the Public Employee Pension Reform Act (PEPRA), including provisions governing reportable <br />compensation. The mandatory member contribution for Tier 3 members is 50% of the normal cost of the <br />benefit, subject to change each fiscal year. Amendments to the Executive Management Summary of <br />Benefits include updating list of classifications within Executive Management, and updating Tier 3 <br />mandatory member contributions to CalPERS pursuant to PEPRA provisions. <br />FISCAL IMPACT <br />The combined proposed COLA increases for Council appointed classifications will result in an estimated <br />total annual cost of $26,000. This amount includes salary, salary -driven benefits (such as pension <br />contributions), and required payroll taxes. <br />The COLA increases for SEIU, RCMEA, PSA, COA, and Executive Management were previously approved <br />by City Council in 2018 and 2019, and funds are included in the Fiscal Year 2020-21 Recommended Budget. <br />Page 4 of 6 <br />AL. <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />551 <br />