RESOLUTION NO. 1
COMMITTEE ASSIGNMENT: CONSTITUTION & BY‑LAWS
Re: Budget Adjustment for Inflation – Adopted
1 | WHEREAS, after analyzing the present |
2 | operations and IAFF budget; and |
3 | WHEREAS, it has been established that |
4 | approximately 100% of the IAFF budget is subject to |
5 | inflation; and |
6 | WHEREAS, the 40th Biennial Convention in |
7 | St. Louis, in 1990, established the measuring period |
8 | for a Consumer Price Index (CPI) increase from |
9 | April 1 through March 31, as issued by the |
10 | Department of Labor; and |
11 | WHEREAS, the CPI for this period, April 1, 2013 |
12 | through March 31, 2014, was 1.41 percent (1.41%); |
13 | therefore be it |
14 | RESOLVED, That the new total per capita tax at |
15 | the conclusion of the 2014 Convention be increased |
16 | eighteen cents ($.18) per active member and nine |
17 | cents ($.09) per active-retired member, and that this |
18 | inflation increase shall become effective on |
19 | September 1, 2014 for FY 2014; and be it further |
20 | RESOLVED, That the per capita tax be adjusted |
21 | for FY 2015 based on the U. S. National Consumer |
22 | Price Index (CPI) as issued by the Department of |
23 | Labor measured from April 1, 2014 through March |
24 | 31, 2015, but in no instance will it exceed 3.5 percent |
25 | (3.5%) per active member and active-retired member, |
26 | and that this increase shall become effective on |
27 | September 1, 2015; and be it further |
28 | RESOLVED, That the International Constitution |
29 | & By-Laws be changed in the appropriate Articles |
30 | and Sections to reflect this adjustment. |
Submitted by: IAFF Executive Board
Cost Estimate: 18 cents per active member and 9 cents per active-retired member on September 1, 2014, and in the second year beginning September 1, 2015, the cost will be adjusted by the 2014/2015 CPI, but not to exceed 3.5 percent (3.5%).
525 Elm Street, Cincinnati, OH 45202
www.duke-energycenter.com