The City of Peterborough Council is comprised of a Mayor and ten Councillors who hold regular General Committee and Council meetings.
The budget includes remuneration for the Mayor and Councillors, a staff position for an Assistant to the Mayor, corporate membership fees and training expenses for council members.
Council Remuneration is based on the motions approved with Report CLSFS20-071 dated December 1, 2020. The motions read as follows:
b) That the current level of Council compensation indexing be maintained annually with increases for the 2022-2026 term of Council the lesser of either the CPI or staff increases; and
c) That Councillor Compensation include certain Employee Benefits as outlined in Chart 1 of Report CLSFS20-071 and,
i) That the position of Councillor also receive an annual car/transportation allowance in the amount of 50% of the Mayor's car allowance;
ii)That the position of Councillor receive matching funds to a registered pension fund up to 9% of their base Council salary.
For the 2024 Budget, remuneration for the Mayor is estimated to be $88,310 plus $12,400 in benefits and for each Councillor, $34,593 plus $10,143 in benefits.
Description | 2024 recommended |
---|---|
Expenditures | $869,063 |
Net requirement | $869,063 |