LIS > Budget Bill > Item 67.40

Compensation Board (157)

67.40.	Financial Assistance for Local Finance Directors (71700)	5,223,140	~~5,223,140~~
			5,242,052

	Financial Assistance to Local Finance Directors (71701)	623,140	~~623,140~~
			625,396
	Financial Assistance for Operations of Local Finance Directors (71702)	4,600,000	~~4,600,000~~
			4,616,656

Fund Sources:	General	5,223,140	~~5,223,140~~
			5,242,052

Authority: Title 15.2, Chapter 16, Articles 2 and 6.1, Code of Virginia.

A.1. The annual salaries of elected or appointed officers who hold the combined office of city treasurer and commissioner of the revenue, or elected or appointed officers who hold the combined office of county treasurer and commissioner of the revenue subject to the provisions of § 15.2-1636.17, Code of Virginia, shall be as hereinafter prescribed, based on the services provided, except as otherwise provided in § 15.2-1636.12, Code of Virginia.

July 1, 2010	July 1, 2011	December 1, 2011
to	to	to
June 30, 2011	November 30, 2011	June 30, 2012

Less than 10,000	$58,345	$58,345	$58,345
10,000-19,999	$64,830	$64,830	$64,830
20,000-39,999	$72,034	$72,034	$72,034
40,000-69,999	$80,035	$80,035	$80,035
70,000-99,999	$88,929	$88,929	$88,929
100,000-174,999	$98,808	$98,808	$98,808
175,000 to 249,999	$104,011	$104,011	$104,011
250,000 and above	$118,194	$118,194	$118,194

2. Whenever any officer whether elected or appointed, who holds that combined office of city treasurer and commissioner of the revenue, is such for two or more cities or for a county and city together, the aggregate population of such political subdivisions shall be the population for the purpose of arriving at the salary of such officer under the provisions of this item.

B. 1. Subject to appropriations by the General Assembly for this purpose, the Treasurers' Career Development Program shall be made available by the Compensation Board to appointed officers who hold the combined office of city or county treasurer and commissioner of the revenue subject to the provisions of § 15.2-1636.17, Code of Virginia.

2. The Compensation Board may increase the annual salary in paragraph A1 of this item following receipt of the appointed officer’s certification that the minimum requirements of the Treasurers' Career Development Program have been met, provided that such certifications are submitted by appointed officers as part of their annual budget request to the Compensation Board on February 1 of each year.

3. Beginning on July 1, 2010, state support for the Treasurers’ Career Development Program is suspended and state general fund appropriation supporting the Treasurers’ Career Development Program is removed.

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