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rill I V <br />) T'ZO 11TU <br />SPECIAL MEETING <br />Board Members Present: <br />Richard Manning, Chairman <br />Shay Bills, Vice -Chairman <br />Tim Hernandez, Secretary/Treasurcr <br />Marion Hamill <br />A.J. HaAiwi <br />Legal Counsel: <br />M -N ME � TV Orn 9 0 0 "11-0 IM <br />107 East Kaufman St. <br />Paris, Texas 75460 <br />Staff Present: <br />Michael Paris, Executive Director <br />wgs Stout, WQ"kZnr-VA I I <br />M r4wX111 ill 11174FULT <br />Guest(s) Present: <br />Mary Madewell, The Paris N <br />Carol Hufnagel, Citizen <br />Anna Spencer, Citizen i <br />uff n- "t I I q <br />D& Manning called the special meeting of the Paris Econondc Development Corporation to order at <br />4: 00 p.m. on August 7, 2018. <br />Mr. Manning asked Mr. Paris and Mr. Hernandez to explain the 2018-2019 budget worksheets. Mr. <br />Paris started by_sa-,kng that the PEDC vras s , - __ , 4� <br />11 1!4;d a I I 'kill SIN -1 <br />Starting with the Personnel Section, we are looking into a 2% increase in Salaries and Wages in the <br />upcoming year for the three PEDC employees. Social Security has 2% added. Retirement for the <br />Executive Director stays the same at $10,800.00. The Insurance Benefits line shows an increase of 20% <br />for premiums. Workers' Comp expense will stay the same. Over all the personnel expenses will increase <br />4%. <br />The worksheet shows that many of the Adni-TiQ"* -ey.0 <br />WH Dkj -11,11 w I'M <br />