CITY of ALBUQUERQUE
TWENTY SIXTH COUNCIL
COUNCIL BILL NO. R-25-219 ENACTMENT NO. ___________________
SPONSORED BY: Tammy Fiebelkorn, Ren?e Grout, Dan Lewis, Klarissa J. Pe?a
RESOLUTION
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Establishing A One-Time Supplemental Compensation Payment For City Employees Based On Ending FY25 General Fund Balance (Fiebelkorn, Grout, Lewis, Pe?a)
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ESTABLISHING A ONE-TIME SUPPLEMENTAL COMPENSATION PAYMENT FOR CITY EMPLOYEES BASED ON ENDING FY25 GENERAL FUND BALANCE.
WHEREAS, the City Council recognizes that ongoing inflation and increases in the cost of housing, utilities, transportation, and other essential goods and services in the City of Albuquerque continue to impact City employees and their families, affecting overall financial stability; and
WHEREAS, the Council further finds that competitive compensation is essential for attracting and retaining a qualified municipal workforce capable of delivering high-quality public services for the residents of Albuquerque; and
WHEREAS, during the FY26 Budget process, the Council provided a 2.5% general Cost of Living Adjustment (COLA) to City employees; and
WHEREAS, the Council tried to provide the highest amount of COLA during the budget process, and is able to appropriate a one-time supplemental payment now that economic conditions have improved; and
WHEREAS, the Council finds that providing an additional one percent (1%) increase in total employee compensation for the remainder of FY26, through a one-time supplemental payment funded from remaining FY25 General Fund balance reflects current economic conditions in Albuquerque while balancing a measured, fiscally responsible response to inflationary pressures; and
WHEREAS, the Council further finds that the FY25 adopted budget for the City of Albuquerque contains sufficient general fund balance budgetary capacity to support an additional 1% one-time supplemental compensation.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF T...
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