Silicon Valley's Valley Water board of directors is poised to approve a 5% pay raise, increasing their compensation from $365.87 to $384.16 per meeting. This decision comes amidst a hiring freeze and a significant budget deficit, projected to grow from $222 million to potentially $350 million over the next fiscal year. With 50 positions unfilled, critics like Councilmember Bryan Mekechuk argue that any compensation increase should reflect the cost of living increases for federal fixed income recipients, emphasizing concerns over rising utility costs for local residents.
Monte Sereno Councilmember Bryan Mekechuk said costs are going up for local ratepayers, and any pay raise for elected leaders should align with cost of living increases for federal fixed income recipients.
Valley Water's board of directors could approve a 5% raise despite a hiring freeze amid a $222 million budget deficit, highlighting a disconnect in financial priorities.
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