The Davis County Budget Committee convened on October 4, 2024, to discuss personnel approvals and the implications of potential cost-of-living adjustments (COLA) for county employees. The meeting focused on the financial health of the county and the need to balance employee compensation with budgetary constraints.

The committee began by reviewing the current employer rate, noting a slight decrease that resulted in an additional million dollars available for ongoing expenses. This led to discussions about the possibility of implementing a 1% COLA. Concerns were raised regarding how this adjustment might affect future benchmarks, particularly in the context of economic fluctuations such as a recession or a robust recovery.

Committee members debated the appropriateness of the proposed 1% COLA, weighing it against private sector wage increases and the overall budget situation. It was noted that while private sector wages may be higher, their benefits could be less favorable. The committee acknowledged the importance of maintaining competitive compensation to attract and retain talent, especially as merit increases average around 3%.

A key point of discussion was the long-term implications of a lower COLA. Members expressed that while a 1% increase might be manageable now, it could lead to challenges in future benchmarking against private sector salaries. The committee emphasized the need for a strategic approach to compensation that considers both current budgetary realities and future market conditions.

Ultimately, the committee reached a consensus to recommend a 1% COLA, citing the county's overall budget health and the necessity of teamwork in maintaining operational stability. The decision reflects a commitment to balancing employee needs with fiscal responsibility, ensuring that the county remains competitive while navigating economic uncertainties.

The meeting concluded with a recognition of the ongoing challenges in setting entry-level pay rates, highlighting the need for continued evaluation of compensation structures to attract new hires effectively.