title
Executive Director/General Manager Evaluation and Compensation Amendment
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SUBJECT
recommendation
Discuss Executive Director/General Manager (ED/GM) annual evaluation and consider approval of Resolution No. 25-59 amending compensation for the ED/GM and Resolution No. 25-60 authorizing the fixed contribution allocation formula for the 401(a) plan of the North Texas Municipal Water District.
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PURPOSE
In accordance with the Board Policies Manual Section 2.4 ED/GM Annual Evaluation Process and Section 2.5 Executive Compensation, the Board must perform an annual evaluation of the ED/GM. Likewise, any changes in the compensation as a result of the annual evaluation must be approved by the Board.
RECOMMENDATION
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Committee: |
This item was reviewed by the Executive Committee on December 3, 2025. |
DRIVER(S) FOR THIS PROJECT
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Strategic Objective: |
2.1 Effective Business Practices |
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☐ Regulatory Compliance |
☐ Asset Condition |
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☐ Capacity |
☐ Redundancy/Resiliency |
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☐ Relocation or External Requests |
☐ Operational Efficiency |
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☐ Safety |
☒ Administrative |
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☐ Policy |
☐ Other _____________ |
This item contains two resolutions.
• Resolution 25-59 amends the annual salary of the ED/GM.
• Resolution 25-60 authorizes a contribution to the ED/ GM's 401(a) deferred benefits plan.
Sarah Glaser with Lloyd Gosselink will present this item in Executive Session. Ike Obi, Director of Human Resources, will be also available for questions from the Board regarding compensation.
FUNDING
Funding for the compensation increase and 401(a) contribution, if the Board desires to make a 401(a) contribution, is funded in the Fiscal Year 2025-2026 Annual Budget adopted in September 2025.