(1) The elective and statutory officers of municipalities shall receive the compensation for their services that the governing body fixes by ordinance adopting compensation or compensation schedules enacted after public hearing. (2) (a) As used in this Subsection (2): (i) "Compensation" means: (A) salary, including salary paid under a contract; (B) a budgeted bonus or budgeted incentive pay; (C) a vehicle allowance; and (D) deferred salary. (ii) "Compensation increase" means an increase in any item of compensation listed in Subsection (2)(a)(i). (iii) "Executive municipal officer" means: (A) the city or town manager or chief administrative officer; (B) the assistant city or town manager or assistant city or town chief administrative officer; (C) the city or town attorney; (D) an individual who is the head or chief of a city or town department or division; or (E) an individual who is the chief assistant or deputy of an individual described in Subsection (2)(a)(iii)(D). (b) Before a governing body may adopt a final budget or a final amended budget that includes a compensation increase for an executive municipal officer, the governing body shall: (i) hold a public hearing on the compensation increase; and (ii) publish notice of the time, place, and purpose of the public hearing: (A) for at least seven days before the date of the public hearing; and (B) as a class A notice under Section 63G-30-102. (c) A public hearing under Subsection (2)(b)(i): (i) shall be held separate from any other public hearing; and (ii) may be held the same day as another public hearing, including immediately before or after the other public hearing.
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