• FY2016-17 had 2% increase.
• FY2017-18 only had a pay increase to comply with recommendations of classification and compensation study that was varied by employee ranging from 0% to slightly more than 15%.
• FY2018-19 only had commissioned police officers receiving a 5.95% increase.
• FY2019-20 had 2% increase, as well as a $4,000 increase for its Emergency 911 dispatchers.
• FY2020-21 only awarded a one-time $1,000 payment for all employees that was not factored into ongoing base pay.
In lieu of the COVID pandemic, the City of Moberly curtailed plans of making some major equipment needs,, upgrades and other capital improvements listed on its tentative 5-year plan among all of its departments a year ago. As a result, many of those items were carried over while there are a handful of new subjects shown on the new 2021-22 fiscal year operating budget thanks in part to a strong revenue stream of monies coming from sales and use taxes.
Operator
Good morning, and welcome to the Fourth Quarter and Year-end 2020 Pilgrim s Pride Earnings Conference Call and Webcast. [Operator Instructions] Please note that the slides referenced during today s call are available for download from the Investor Relations section of the Company s website at www.pilgrims.com. [Operator Instructions]
I would now like to turn the conference over to Dunham Winoto, Head of Investor Relations for Pilgrim s Pride. Please go ahead.
Dunham Winoto
Head of Investor Relations
Thanks, Grant. Good morning, and thank you for joining us today as we review our operating and financial results for the fourth quarter and year-end of December 27, 2020. Yesterday afternoon, we issued a press release providing an overview of our financial performance for the quarter and for the year, including a reconciliation of any non-GAAP measures we may discuss. A copy of the release is available in the Investor Relations section of our website, along with the slide