Re: Financial AgreementsFinancial Agreements • October 9th, 2018
Contract Type FiledOctober 9th, 2018Each year the Board allocates a certain amount of money in the budget for salary increases for employees. For 2018-19, that amount equated to a 3.4% increase for our bargaining unit employees. In order to finalize the financial agreements we work with each of the unions/associations to determine how they would like to apply the allocated dollars. To complete this process, the unions/associations take a vote of their membership and ratify their proposed utilization of the dollars allocated by the Board.