Rumuneration hike for RDCO directors will wait until after the election

One-time increase of 14.25 % to offset loss of tax-free indemnity may be in the future

The Regional District of Central Okanagan board has started to deal with the elimination of the one-third non-taxable allowance of their annual stipends.

Gail Given, chair of the Regional District of Central Okanagan board.

Kelowna city council approved an indemnity increase to cover the remuneration tax-free loss along with added tax and Canada Pension changes, but the RDCO will deal with the matter later in the year.

Related: Kelowna council gives itself a raise

According to a RDCO report, staff will bring forward amendments to the Directors Remuneration and Expenses Bylaw proposing a one-time 14.25 per cent increase on the entire remuneration amount to cover the increased tax and CPP changes.

That increase will amount to just over a $2,300 increase for municipal directors, $2,890 for electoral area directors and $5,945 for the board chair.

Those increases would alter the overall remuneration to $47,671.39 for the board chair, $23,176.08 for electoral area directors and $18,540.93 for municipal directors.

To report a typo, email: edit@kelownacapnews.com.


@BarryGerding
barry.gerding@blackpress.ca

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