Commencing on March 19, 2024, the mayor shall receive an annual salary of $49,000.00 to be paid in prorated bi-weekly amounts. Each city councilmember shall receive an annual salary of $45,000.00 to be paid in prorated bi-weekly amounts.
Commencing on March 15, 2001, and every January thereafter, the annual salary of the mayor and councilmembers shall be adjusted by the same percentage as the annual social security cost-of-living adjustment or by two percent, whichever is greater.