[NRO 1975, T. 3, § 1; NRO 1987, § 2-21; amended 2-25-1977 by Ord. No. O-76-115; 4-12-1978 by Ord. No. O-78-4; 6-24-1980 by Ord. No. O-80-53; 8-9-1988 by Ord. No. O-88-61; 12-8-1992 by Ord. No. O-92-11; 8-8-2000 by Ord. No. O-00-43; 8-8-2006 by Ord. No. O-06-18; 8-14-2007 by Ord. No. O-07-115; 12-22-2009 by Ord. No. O-09-77; 6-11-2019 by Ord. No. O-19-044; 3-12-2024 by Ord. No. O-24-002]
A.
Each Alderman shall receive as compensation the sum of $5,000 per year, payable quarterly. Starting on July 1, 2024, each alderman shall receive as compensation the sum of $9,000 per year, payable quarterly. On July 1 of each following year, the compensation of each alderman shall change by a factor equal to the average of the changes in the Consumer Price Index—Urban (CPI-U) of the preceding three calendar years as published by the U.S. Bureau of Labor Statistics.
B.
If, in any quarter, any member of the Board of Aldermen is recorded absent at three or more regular meetings of the Board, the City Clerk shall transmit a communication stating that fact to the Board of Aldermen, and the stipend for that quarter shall be withheld. In accepting the communication, the Board may also determine by vote that for good cause shown that member shall receive a full or partial stipend for the quarter. Good cause shall include but not be limited to attendance at committee and other meetings; health; maternity, paternity or adoption leave; or other extenuating circumstances for the absence. Additionally, the Board may find that the attendance of any member within a quarter has been unacceptable and by a majority vote withhold any or all of the stipend for that quarter.