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HomeMy Public PortalAboutPolicy on "COLA" Payroll AdjustmentsPOLICY ON'COLA" PAYROLL AD1U:tTMENTS Commencing with the budget preparation for fiscal year 2006/2007, the consumer price index for wage earners and clerical workers in the South shall be followed. The index for the month of April, running from April to April shall be used and applied to the budgeted salaries in the Fiscal Year from October, 1 to September 30. This policy was adopted by the Town Commission at the Regular Meeting that was held on January 13, 2006.