(a) The per annum compensation shall be seventy-eight thousand dollars ($78,000), as adjusted by subsection (c), for the revenue commissioner effective with the beginning of the next term of office.

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Terms Used In Alabama Code 45-51-241.01

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(b) The compensation amount in subsection (a) shall be paid out of the general fund of the Montgomery County Commission in the same manner as other county employees are paid.
(c) Subsequent to October 1, 1996, the compensation amount in subsection (a) shall be increased by the same percentage as the across-the-board percentage increase received by full-time county employees at the same time as the increase is received by the county employees, except that the amounts shall not be increased by more than three thousand dollars ($3,000) in any fiscal year.