ZAP Tier I + Zoological Advisory Board Mtg Salary Cap QE Increase Meeting Minutes
Notice Tags
Arts
Notice Type(s)
Meeting
Event Start Date & Time
March 20, 2024 02:45 PM
Event End Date & Time
March 20, 2024 03:00 PM
Description/Agenda
Tier I + Zoological Advisory Board
Salary Cap QE Increase Deliberation
March 20, 2024 | 2:45 - 3:00PM
WebEx
Agenda
I.
Welcome - Johann Jacobs, Chair 2:45
II.
Public Comment Period - Chair Jacobs 2:46
III.
ACTION ITEM: Vote on Salary Cap Qualifying Expenditures Increase 2:48
Salary Cap indexing of the current salary cap (currently $97,280) was performed as well as analysis of current Tier I + Zoological grantee salaries that exceeded the cap over the past three years. Based on analysis and discussion, the following recommendation was put forward by the Financial Work Committee.
- Recommended salary cap for 2025 (and beyond) Tier I + Zoological Qualifying Expenditures: $109,620
o Based on indexing salary cap using Bureau of Labor Statistics employment cost index for Civilian Workers, indexed annually since last increase set in 2019. o Based on review of qualifying expenditures over the last three years, 78% of Tier 1 are now exceeding the salary cap for one or more employees, as outlined below.
IV.
Adjourn - Chair Jacobs 3:00
Anchor Location
Mid-Valley Performing Arts Center
2525 Taylorsville Blvd Taylorsville, UT 84129
Meeting available through Webex by clicking here.
*In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Samantha Mary Thermos at 385-468-7057.
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, individuals needing special accommodations (include commmunicative aids and services) during this meeting should notify Samantha Thermos at 385 468-7057.