Evanston’s City Council is scheduled Monday to appoint John Fournier as city manager with total compensation roughly 25% higher than that of his predecessor.
The city announced May 13 that Fournier, currently assistant city administrator in Ann Arbor, Michigan, was the council’s choice after two rounds of a selection process to find a replacement for Erika Storlie.
Under terms of the contract scheduled for a Council vote, Fournier will start work as manager no later than July 18 and may be terminated by the council at any time with or without a hearing. His base salary will be $245,000, compared to a base salary of $225,000 for Storlie
He will be required to live in Evanston and will be offered an interest-free loan of $225,000 toward the purchase of a home here that will be forgivable in eight annual increments if he remains employed as city manager.
With mortgage interest rates currently around 5%, the interest-free loan effectively adds about $11,000 to his compensation, and the forgiveness provision adds another $28,125 a year.
Storlie, who already lived in Evanston, was not offered the forgivable loan package.
The city also agrees in Fournier’s contract to pay $20,000 annually to a deferred compensation retirement plan for the new manager. Storlie was offered $18,000 in deferred compensation.
Fournier, as Storlie did, will also qualify for vacation, holiday, sick leave, IMRF retirement and health and life insurance and other benefit programs offered to the city’s non-union employees.
And he’ll receive $400 a month for use of his own car on city business and be entitled to reimbursement for other business and professional expenses. Storlie received a car allowance equivalent to that of city department directors.
Key compensation components Fournier Storlie Salary $245,000 $225,000 Deferred compensation $20,000 $18,000 Estimated annual value of interest-free forgivable mortgage loan $39,125 $0 Total $304,125 $243,000 Difference 25.15%