VOTE ON LIVING-WAGE ORDER DELAYED.Byline: Bhavna Mistry Staff Writer After hearing Tuesday from more than a dozen people, Ventura County supervisors postponed for two weeks a decision on a living-wage ordinance A law, statute, or regulation enacted by a Municipal Corporation. An ordinance is a law passed by a municipal government. A municipality, such as a city, town, village, or borough, is a political subdivision of a state within which a municipal corporation has been that could cost taxpayers about $1.2 million a year. Members of the Ventura County Living Wage Coalition carried signs and spoke in favor of upon the side of; favorable to; for the advantage of. See also: favor the measure, which would require companies that contract with the county for goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. to pay their workers at least $8 an hour with health insurance or $10 an hour without. ``You brought us here; you did this,'' Marcos Varga, co-chair of the coalition, told the supervisors. ``Now we want action. We urge you to vote for a living wage.'' Supervisors delayed their decision to give members of Ventura County's chambers of commerce the opportunity to comment. Chamber members were out of town at a conference and could not attend Tuesday's meeting. Last year, the board voted in favor of the concept of a living-wage ordinance and asked county staff members to prepare a cost analysis. The report found that more than 130 county employees, but only a handful of outside workers, would benefit from the ordinance, which would cost $824,000 a year in contracting costs, $342,000 in county workers' salaries and $45,000 in administrative expenses. With the county forecast showing a $7 million shortfall Shortfall The amount by which the capital required to fulfill a financial obligation exceeds available capital. Notes: Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual. for fiscal 2001, supervisors were divided on whether a living-wage ordinance is fiscally sound. ``I believe this is a budget decision,'' said Supervisor Judy Mikels. ``We don't have an extra whatever amount of money. This board has an obligation to understand the impact and know exactly where the money's going to come from.'' Chief Administrative Officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive John Johnston
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