§ 2.02.040. Compensation for Mayor and Councilmembers.

(a)

The Mayor's salary shall be one thousand three hundred dollars ($1,300.00) per month.

(b)

The salary for Councilmembers shall be one thousand forty dollars ($1,040.00) per month.

(c)

The salary for the Mayor and Councilmembers shall be adjusted annually at the beginning of each new fiscal year by the U.S. Bureau of Labor Statistics Consumer Price Index for Denver-Boulder, All Items, All Urban Consumers, or its successor index.

(d)

The Mayor and Councilmembers and their qualified dependents shall have access to the Town's group health insurance plan, dental plan and vision plan; provided that the Mayor and Councilmembers shall be responsible for all premiums associated with such plans.

(e)

The compensation of the Mayor and Councilmembers shall be reviewed every second year after the year 2000 (beginning in 2002) based upon a survey of municipalities located within the Denver Metropolitan area. Any increase or decrease in compensation shall not take effect until after the regular Town election in November.

(Ord. 1.433 §1, 2014; Ord. 1.297 §1, 2007; Ord. 1.255.1 §1, 2005; Ord. 1.255 §1, 2004; Ord. 1.162 §1, 2000; Ord. 1.118 §1, 1998; Ord. 1.83.1 §1, 1995; Ord. 1.83 §1, 1995; Ord. 1.51, 1991)