70 RESOLUTION NO. 2024-
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF MERCED, CALIFORNIA,
ADOPTING THE SALARY RANGE FOR THE
FINANCE OFFICER
WHEREAS, on February 5, 2021, the Merced City Council approved an Employment Agreement with Finance Officer M. Venus Rodriguez (the "Employment Agreement"); and,
WHEREAS, in order to comply with the Public Employee Retirement Systems (PERS) requirements, the Merced City Council desires to reaffirm and adopt the publicly adopted pay scale for the position of Finance Officer.
THE CITY COUNCIL OF THE CITY OF MERCED DOES HEREBY
RESOLVE AS FOLLOWS:
SECTION 1. The publicly adopted Pay Scale for Finance Officer is set forth on Exhibit "A" to this Resolution. Said publicly adopted pay scale will be updated and approved by the City Council as necessary to comply with the Public Employee Retirement System (PERS) requirements and the terms and conditions of the Finance Officer's Employment Agreement as set forth in the Agreement.
PASSED AND ADOPTED by the City Council of the City of Merced at a regular meeting held on the _day of 2024, by the
following vote:
AYES: Council Members:
NOES: Council Members:
ABSENT: Council Members:
ABSTAIN: Council Members:
X: Resolutions|2024 FinancelAdopting Salary Range for Finance Officer. docx 1 APPROVED:
MATTHEW SERRATTO, MAYOR
Mayor
ATTEST:
D. SCOTT MCBRIDE, CITY CLERK
BY:
Assistant/Deputy City Clerk
(SEAL)
APPROVED AS TO FORM:
CRAIG J. CORNWELL, CITY ATTORNEY
Graig Fongwell 6611-2024
X: \Resolutions 2024\Finance\Adopting Salary Range for Finance Officer.docx 2 . •
ATTACHMENT A
FINANCE OFFICER WAGE SUMMARY
Effective PP14 - 6/26/2023
GRADE Step 1 Step 2 Step 3 Step 4 Step 5
898 150,057.77 157,560.65 165,438.69 173,710.62 182,396.15 Annual 12,504.81 13,130.05 13,786.56 14,475.89 15,199.68 Monthly
72.1432 75.7503 79.5378 83.5147 87.6905 Hourly
4,501.73 4,726.82 4,963.16 5,211.32 5,471.88 Annual Premium
ATTACHMENT A
FINANCE OFFICER WAGE SUMMARY
Effective PP14 - 6/26/2023
GRADE Step 1 Step 2 Step 3 Step 4 Step 5
898 150,057.77 157,560.65 165,438.69 173,710.62 182,396.15 Annual 12,504.81 13,130.05 13,786.56 14,475.89 15,199.68 Monthly
72.1432 75.7503 79.5378 83.5147 87.6905 Hourly
4,501.73 4,726.82 4,963.16 5,211.32 5,471.88 Annual Premium
EXHIBIT A