Toronto city councillors have now joined the $100,000 club after reportedly accepting a cost-of-living increase. Mayor Rob Ford is the only one who’s so far refused the pay hike.
Councillors received a three-per-cent cost-of-living boost, bringing their annual pay cheque up to $102,608. The increase took effect earlier this month and is retroactive to Jan. 1.
In 2011, councillors rejected the hike.
According to a report Tuesday in the Toronto Sun, the city hasn’t yet received notification from any of the 44 councillors stating they want to forgo the increase, or donate that money to the city or the United Way.
Deputy Mayor Doug Holyday told the Sun that he’s entitled to the increase because his pay has remained stagnant for four years.
The increase would’ve bumped Ford’s annual income up to $172,803 from $167,770.