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SR-603-001 (12) f) .- ~CitYOf Santa Moniea~ City Council Report City Council Meeting: July 11, 2006 Agenda Item:..i::.r.. To: Mayor and City Council From: Karen Bancroft, Director of Human Resources Subject: Resolution Amending the Executive Pay Plan Recommended Action This report requests that Council adopt the attached Resolution amending the Executive Pay Plan. Executive Summary The Executive Pay Plan is being amended to provide the annual cost of living increase that is being granted to the other City bargaining units and to implement an equity adjustment to the base salary established for the Director of Planning and Community Development position in order to bring the salary for that position into alignment with the applicable labor market. BudqetlFinanciallmpact The cost of the amendment to the Executive Pay Plan is $90,921. Provision was made in the FY2006-2007 budget to accommodate this amendment and no appropriation is necessary. 1 Prepared by: Karen Bancroft Approved: Forwarded to Council: 2