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Mayor’s Salary. Compensation accruing to the office of mayor for any person holding such office shall be $1,150 each month during the city’s 1997-1998 biennium, commencing January 1, 1997; shall be $1,450 each month during the city’s 1999-2000 biennium, commencing January 1, 1999; shall be $1,885 each month during the city’s 2001-2002 biennium, commencing January 1, 2001; and shall be $1,885 each month during the city’s 2003-2004 biennium, commencing January 1, 2003; and shall be $1,885 each month during the city’s 2005-2006 biennium, commencing January 1, 2005; and shall be $2,075 each month during the city’s 2007-2008 biennium, commencing January 1, 2007; and shall be $2,220 each month during the city’s 2009-2010 biennium, commencing January 1, 2009; and shall be $2,220 each month during the city’s 2011-2012 biennium, commencing January 1, 2011; and shall be $2,200 each month during the city’s 2013-2014 biennium, commencing January 1, 2013; and shall be $2,300 each month during the city’s 2015-2016 biennium, commencing January 1, 2015; and shall be $2,392 each month during calendar year 2017 of the city’s 2017-2018 biennium, commencing on January 1, 2017; and shall be $2,488 during calendar year 2018 of the city’s 2017-2018 biennium commencing on January 1, 2018; and shall be $2,563 each month during calendar year 2019 of the city’s 2019-2020 biennium, commencing on January 1, 2019; and shall be $2,614 during calendar year 2020 of the city’s 2019-2020 biennium, commencing on January 1, 2020.