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Summit County Cost of Living Adjustment Budget Request

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Presentation on theme: "Summit County Cost of Living Adjustment Budget Request"— Presentation transcript:

1 Summit County Cost of Living Adjustment Budget Request

2 COLA History Year COLA West Urban DWS Soc. Security Wasatch Front 2011
0.0% 2.3% 3.1% 3.5%* 2012 2.2% 2.1% 3.6% 3.9% 2013 1.0% 1.3% 1.6% 1.7% 1.2% 2014 2.0% 1.5% 0.6% 2015 0.1% 2.4% 2016 2017 2.9% 1.9% 3.5% Avg West Urban CPI from Bureau of Labor Statistics, taken from Oct – Sep annually DWS = Department of Workforce Services *Jan - Oct

3 2018 COLA Request COLAs are effective the first full pay period of the new year. Paid on January 26, 2018. A 2% COLA has been requested in the Budget Committee’s and County Manager’s Budgets. Salary costs for 2018 are $20,200,000. Cost of a 2% COLA for 2018 is $404,000.

4 Questions Thank you


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