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180503 Council Remuneration MIN= ATTENDANCE: Ann Loker John Lessif Jami Stephenson Ashley Andrews Donna Wilson 1. Call to Order The meeting was called to order at 1:03 pm. Staff to adjust the minutes of April 18, 2018, to correct the spelling of John Lessif in item number 4, Election of the Chair. 2. Disclosures of Pecuniary Interest and the General Nature Thereof There were no disclosures of pecuniary interest declared. 3. Additional information regarding compensation & comparators Discussion took place regarding the cost of living that Councillors have received since 2006. The committee suggested that the Mayor position remain static and that the committee review the councillor compensation. The remuneration comparison was reviewed. The average is $16,600 for a councillor and based on the number of meetings and hours put in by councillors for meetings, they would spend between 178 to 240 hours a year on Town business. It was thought that the average councillor would spend 20 hours per month on town business, (with the exception of July and August). The Corporation of the Town of Tillsonburg Council Compensation Review Advisory Committee Thursday May 3, 2018 2:00 p.m. Annex Room, Corporate 200 Broadway, 2nd Floor MINUTES 180503 Council Remuneration Committee – MIN - 2 - Based on this review the suggested rate for the Councillor position in 2019 is $16,500.00, net with no cost of living for the first year. The Mayor position to remain at $33,534.02, net. All positions the 1/3 tax credit be added to their compensation. The 1/3 tax break will be added to the 2019 numbers. Benefits The life insurance benefit for council is a set amount of $50,000 The dependent life insurance is $10,000 for spouse and $5,000 for child. HR to find out if dependent life insurance can be made optional and if a councillor can pay the dependents premium for the plan. It was determined that the recommendation be that Councillors pay 50% of the cost of benefits, approximately $233 per month. To leave the Mayor position with full benefits paid for by the Town as this position is comparable to full time hours. Expenses It was determined that the Mayor position expenses should not exceed 10 – 15% of the gross salary. To determine what is included in the expenses and if the Mayor expenses include the china trip cost. Staff to provide the policy for council expenses and draft a new policy which removes the $130.00 per diem rate for conferences. 4. Next Meeting The next meeting is May 17, 2018 at 10:00 am. 5. Adjournment The meeting was adjourned at 3:15 pm.