Council gets more pay to o set loss of tax break
Town council members are giving themselves a pay hike to make up for the loss of a federal personal income tax break.
e new changes take e ect next month and mean councillors will no longer be able to claim up to a third of their pay as tax-free. Council voted Dec. 3 to increase their pay, so their net wages will remain the same.
“With the outlined increases, members of council will retain the same net pay as they currently have, after the one-third portion is taxed,” said Mike Dolter, chief administrative o - cer for the Town of Truro, in an email.
Mayor Bill Mills is receiving an increase of $7,062; Deputy-mayor Tom Chisholm is getting an extra $3,515, while regular councillors will receive $3,089 more, according to figures supplied by the Town of Truro.
Presently, the mayor’s annual net wage works out to about $36,500; the deputy mayor’s is at just under $25,000 and councillors receive just over $22,000.
e total cost of the town’s pay hike is $26,021.