Toronto city councillors have an automatic cost of living increase built into their pay schedules. That has been in effect for years to match the cost of inflation.

In recent years, as council tightened the reigns on overall spending, several politicians have refused the increase. Another one kicked in last Thursday, retroactive to last January and so far, none of the 44 councillors have decided to turn theirs down.

A note from city officials which was dated July 25, alerted councillors about the pay increase. With the 3 percent hike, councillors earn $102,608 a year.

As for the Mayor, his office confirmed he won't be accepting the pay hike. Rob Ford currently makes $167,770 annually, and with the increase it would jump to $172,803.

Deputy Mayor Doug Holyday is thinking about taking his pay increase, after telling the Toronto Sun he's turned his down for the past four years. He wanted to lead by example during tough times at city hall, but he goes on to say "there comes a point when maybe you're entitled to it."

Holyday did stress that council should not receive more than city non-union staff and after a vote last month, they will receive a 1.9 percent pay increase.