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SALARY INCREASES GRANTED FOR THE YEARS 1959=1966
Exhibit
ALONG WITH APPROXIMATE ANNUAL COST
Approximate
Salary Minimum Salary Maximum Salary Approximate Annual Cost Approximate
Range (Step One) (Step Six) Annual Cost All Other Other Total Annual
No. Amount _% Increase Amount _% Increase Firemen Employees Received Employees Cost
Salary of Firemen January 1, 1958 30 288.00 355.00
One Step Salary Increase Granted 1959 12.00 4.17 15.00 4.23. 129,027 Police-l Step ,Other-None 123,077 252,104
Salary After 1959 Increase 31 300.00 370.00
Two Step Salary Increase Granted 1960 26.00 8.67 33.00 8.92 285 ,322 Police-2 Step,Other-1 Step 768 ,331 1,053,653
Salary After 1960 Increase 33 326,00 403.00
Two Step Increase Granted 1962 29.00 8.90 35.00 8.68 346 ,826 2 Step 1,641,346 1,988,172
Salary After 1962 Increase 35 355.00 438.00
Two Step Increase Granted 1965 31.00 8.73 38.00 8.68 378 ,552 Police-2 Step,Other-1 Step 1,136,853 1,515,405
Salary After 1965 Increase 37 386,00 476.00
One Step Increase Granted 1966 17.00 4.40 21.00 4.41 209,260 1 Step 1,068 ,609 1,277,869
Present Salary of Firemen 38 403.00 497.00
Percent Increase and Cumulative Annual
Costs 1958-1966 39.93 40.00 1,348 ,987 4,738,216 6 087 ,203
Increase in Consumer Price Index (1957-59
Avg. 100%) to March, 19661 10.30 10.30
Should Additional Salary Increments be Granted,
the Approximate Annual Cost would be as follows:
Increment 1 210,395 1,122,805 1,333,200
Increment 2 219 ,336 1,170,525 1,389,861
Increment 3 228 ,659 1,220,272 1,448,931
Increment 4 238 ,377 1,272,134 1,510,511
Increment 5 248 ,470 1,326,205 1,574,675
Isource: Atlanta Economic Review, June, 1966