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CITY MANAGER CONTRACT COST <br />BENEFIT <br />YEAR 1 <br />Salary <br />$285,000 <br />City Paid Deferred Compensation (457) <br />$24,000 <br />CalPERS City contribution <br />$96,900 <br />Maximum City Paid Medical Insurance <br />$19,260 <br />Maximum Dental Insurance contribution <br />$1,320 <br />Life Insurance City paid premium <br />$439 <br />Long Term Disability City Paid premium <br />$316 <br />Retirement Health Savings Contribution <br />$4,987 <br />100 Hours of Management Leave <br />$13,700 <br />80 Hours Vacation Bank <br />$10,960 <br />160 Annual Vacation accrual <br />$21,920 <br />96 hours Annual Sick Leave accrual <br />$13,152 <br />96 hours Annual Holiday leave accrual <br />$13,152 <br />* $500 a month in lieu of City vehicle <br />$6,000 <br />Bi -Lingual Pay @ $175.00 month <br />$2,100 <br />ANNUAL TOTAL <br />$513,206 <br />25H-17 <br />EXHIBIT 2 <br />