TORONTO - Mayor John Tory and city council are poised to ring in the new year with a pay hike.
The mayor and all 44 councillors are slated to receive raises effective Jan. 1.
The mayor’s annual salary is $177,499 while councillors each earn $105,397.
Their salaries will go up an average of the previous year’s Consumer Price Index (CPI). The actual number won’t be set until early 2015, but councillors’ pay went up 1.2% this year based on that formula.
In May, councillors voted to lock in an annual increase based on the CPI adjustment. Councillors also supported eliminating a requirement to commission a remuneration study before the start of each new council term. Then-mayor Rob Ford was on a leave of absence and in rehab during that vote on council pay.
The bylaw finalizing the change sailed through the council meeting on Dec. 3 — the first meeting of the new city council.
Council received a 1.5% pay increase in 2013 and a 3% increase in 2012.
The last year councillors didn’t get a raise was in 2011 when council agreed to a pay freeze at the request of then-budget chief Mike Del Grande.
At the time, Del Grande argued that council needed to cancel the 2.6% increase to lead by example ahead of contract negotiations with the city’s unions.
Pay hike coming for Toronto mayor, councillors | Toronto & GTA | News | Toronto
The mayor and all 44 councillors are slated to receive raises effective Jan. 1.
The mayor’s annual salary is $177,499 while councillors each earn $105,397.
Their salaries will go up an average of the previous year’s Consumer Price Index (CPI). The actual number won’t be set until early 2015, but councillors’ pay went up 1.2% this year based on that formula.
In May, councillors voted to lock in an annual increase based on the CPI adjustment. Councillors also supported eliminating a requirement to commission a remuneration study before the start of each new council term. Then-mayor Rob Ford was on a leave of absence and in rehab during that vote on council pay.
The bylaw finalizing the change sailed through the council meeting on Dec. 3 — the first meeting of the new city council.
Council received a 1.5% pay increase in 2013 and a 3% increase in 2012.
The last year councillors didn’t get a raise was in 2011 when council agreed to a pay freeze at the request of then-budget chief Mike Del Grande.
At the time, Del Grande argued that council needed to cancel the 2.6% increase to lead by example ahead of contract negotiations with the city’s unions.
Pay hike coming for Toronto mayor, councillors | Toronto & GTA | News | Toronto
