Sheryl Ayres
City of Cambridge/Chief Financial Officer
2024 Salary — last year on the list
$209,155Total compensation $210,505, including $1,350 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2024
Employer Rank
#6City of Cambridge
Years on List
62019–2024
Peak Salary
$209,1552024
Full 2024 roster at City of Cambridge →·See where $209,155 ranks →
Total Compensation History
Full History
2019–2024
$151,466 in 2019 is worth about $182,873 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Chief Financial OfficerCity Of Cambridge | $209,155Benefits $1,350Total $210,505 |
| 2023 | Chief Financial OfficerCity Of Cambridge | $186,653Benefits $1,217Total $187,871 |
| 2022 | Chief Financial OfficerCity Of Cambridge | $173,608Benefits $1,129Total $174,737 |
| 2021 | Chief Financial OfficerCity Of Cambridge | $170,459Benefits $1,113Total $171,571 |
| 2020 | Chief Financial OfficerCity Of Cambridge | $168,636Benefits $1,096Total $169,732 |
| 2019 | Chief Financial OfficerCity Of Cambridge | $151,466Benefits $1,006Total $152,472 |
Take-Home Pay
(After Tax) · 2024 estimate
In 2024, Sheryl Ayres's $209,155 salary works out to roughly $134,574 after income tax, CPP and EI — an all-in deduction rate of about 35.7%. That is about 27% above the 2024 median of $164,127 for Chief Financial Officer on the Sunshine List. Within City of Cambridge, Sheryl Ayres's total compensation of $210,505 was the #6 of 262, against a median salary of $129,708. After pension contributions (probably OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$134,574
- Effective income-tax rate (excl. CPP/EI)
- ~33.2%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~35.7%
- vs. 2024 Chief Financial Officer median
- +27%
Where does $209,155 rank on the Sunshine List? →
Estimate only: 2024 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.