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Read. Follow. Verify.Approval of Performance Bonus for Tequesta Village Manager
Record date · August 11, 2016
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What This Bill Does
The Village of Tequesta Council is voting to approve a one-time performance-based bonus for the Village Manager for the 2015-2016 fiscal year. This payment is authorized under the terms of the manager's existing employment contract.
This authorizes a specific expenditure of municipal funds as a performance incentive for the Village Manager, as stipulated in their 2010 employment agreement.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Village Manager
The individual receives a one-time performance-based compensation payment.
Tequesta Taxpayers
Village funds are being used to pay the performance-based compensation.
Key Facts
- Resolution No. 17-16 authorizes a one-time performance-based compensation payment for the Village Manager.
- The compensation covers the 2015-2016 fiscal year.
- The payment is authorized under Section 4 of the Second Employment Agreement dated August 5, 2010.
- The resolution was introduced at the Village Council regular meeting on June 15, 2016.
Frequently Asked Questions
Why is the Village Manager receiving a bonus?
What time period does this bonus cover?
What else do you want to know?
News Coverage
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Discoveries
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Long-term Contractual Obligation
The resolution highlights a 2010 employment agreement that continues to dictate compensation structures six years later.
Sources
webapi.legistar.com
Analysis Score
0–100- Significance20How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz5Current news / social attention level
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