City Attorney, Steve Horton’s $247,000/year Compensation Package Equals 12 Times the Average Cottonwood Worker’s Pay, Sparks Outrage
By Sherry Twamley, Cottonwood Resident
(February 25, 2017)
TO PUT HORTON’S COMPENSATION IN PERSPECTIVE: Is $247,000 a year a good salary? ONLY 1% OF THE PEOPLE IN THE U. S. MAKE MORE MONEY THAN STEVE HORTON MAKES. To determine if $247,000 a year is a good salary, ResearchManiacs.com looked at all the salaries paid in the U. S. last year. Then, they looked at what percentile $247,000 fit into, and then assigned a grade to it. In other words, we compared the salary of $247,000 to all other salaries paid last year. ONLY 1% OF THE PEOPLE IN THE U.S. make more money!!! A $247,000 salary is in the 99 PERCENTILE of all salaries paid last year. That means that the grade for $247,000 is: A +.
A good salary means different things to different people. Someone living in Manhattan with five kids in private school may have a different view of a good salary compared to a single person living in a rural area in Utah who only needs money for skiing. In 11,800 population Cottonwood, where about 25% of the taxpayers live in poverty and the per capita avg. income is about $21,000/yr , much lower than the U. S. average worker’s pay, a small city like Cottonwood in a rural area should pay its employees far less than a large metropolitan city with a large population. But that is not the case. To put it in perspective, if your salary is $247,000 a year, about 99 percent of people in the US make less than you, and 1 percent make more than you. http://researchmaniacs.com/…/Is-247000-dollars-a-year-a…