How much is enough?

Story posted today in the St. Louis Post Dispatch (http://is.gd/e4bI9)
about a bill sponsored by Councilman Richard Veit to give a big pay
raise to the mayor of the city of St. Charles, MO.

For those playing along, the position of mayor was a part-time
position until 2007 when the council agreed to get rid of the City
Administrator position and make the position of Mayor full-time. The
salary of Mayor was increased at time to $60,000.

I agree with Councilman Dave Beckering that the current salary is too
low for somebody managing 500 employees and a budget of $100 million.
However, with the current economic climate I really don't think this
is the time to give a major increase to anybody.

Under the current setting, the Mayor's salary will raise to $64,000 in
January 2011. Veit's bill will mandate a 2.5% annual increase over
three years which will take the salary over $91,000 by 2014.

With tax revenues staying relatively static and casino revenues
dropping, now is not the time to be talking about large salary
increases. Shouldn't the city be working getting more business into
the city and encouraging city businesses to expand? How do we get the
EDC to get business growing in St. Charles?

What do you think?

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