NEW YORK (CBSNewYork/AP)– Members of the New York City Council are expected to vote next week to raise their pay to $148,500 a year.

The Wall Street Journal  says that’s a 32 percent increase over the lawmakers’ current pay of $112,500.

The proposal also would limit council members’ outside income.

“The vast majority of my colleagues put in more than 40 hours a week,” Queens City Councilman Eric Ulrich (R-32nd) said in November, when news of a possible increase was first reported.

New York City Council Speaker Melissa Mark-Viverito blasted the initial report which suggested she and her colleagues were looking for a 71 percent raise.

Back in November, Mark-Viverito declined to say whether she would support any sort of raise for council members, some of whom offered to exchange ethics reforms for more pay.

Council members’ last pay raise was in 2006.

The City Council has 51 members. All but three are Democrats.

The vote will be held Feb. 5.

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