Five-Year Executive Management Contract Renewal Proposed
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Description
The proposed FY 2026-2027 budget allocates $90,000 annually for executive management services from Matt Cowall Consulting, and a Board working group has recommended a five-year renewal using a benchmark-based compensation method. The Board will discuss and determine next steps for finalizing the contract renewal.
Contract Details
Contract Amount
$90,000.00 annually (budgeted)
Vendor
MATT COWALL CONSULTING
Agency
City of Traverse, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 6, 2026
Contract Term
Proposed 5-year term (recommended)
Renewal Info
Working group recommends extending the executive management services agreement to a five-year term with standardized, benchmark-based compensation and defined annual review mechanisms; implementation details pending Board action.
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