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Appendix Village of Montgomery Ordinance 1433 passed September 14, 2009, Code of Ordinance Section 23.1 Letters of Credit and Performance Bonds All Letters of Credit required by the Village shall
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To fill out the living wage and service form, follow these steps:
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Start by providing your personal information such as your name, address, and contact details.
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Specify the nature of your employment or occupation, including your job title and company name.
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Calculate your total monthly income before taxes. Include all sources of income, such as wages, salaries, bonuses, and other benefits.
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Deduct any mandatory taxes, contributions, or deductions from your gross income to determine your net income.
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Identify your monthly expenses such as rent/mortgage, utilities, groceries, transportation, healthcare, and education.
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Subtract your monthly expenses from your net income to calculate the surplus or deficit. If you have a surplus, it indicates that you may be earning a living wage. If there is a deficit, it suggests that your income might not be sufficient to meet your basic needs.
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Who needs living wage and service?

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Living wage and service is needed by individuals or households who want to assess whether their income is sufficient to cover their basic needs.
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Living wage and service refers to the minimum amount of salary and benefits that a worker needs to meet basic needs and maintain a decent standard of living.
Employers are required to file living wage and service for their employees to ensure they are receiving fair compensation.
Living wage and service forms can typically be filled out online or submitted through a designated portal provided by the local authorities.
The purpose of living wage and service is to guarantee that employees are paid a wage that allows them to afford the basic necessities of life.
Information such as employee wages, benefits, and hours worked must be reported on living wage and service forms.
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