HomeMy WebLinkAboutEmergency Item - Approval to Transfer $20,000 from Contingency to Education/Incentive Account
AGENDA ITEM COVER SHEET
Contact Name:
Contact Number:
James Camicella
1032
Meeting Date: 03/17/09
Item # 6/nf'r,JeJ' yI-I-ern
Reviewed By:
Department Director:
City Manager:
Subject: Approval to transfer $20,000 from Conting
Background Summary:
The Education/Incentive line item is under the Human Resources Department budget and is used to cover the
employee's tuition and books as outlined in the City Personnel Rules & Regulations.
Issue:
The Education Incentive Program has been utilized by employees more than what was anticipated for fiscal year
08-09. Due to increased utilization by employees, the $25,000 budgeted for Education/Incentive is almost
depleted and will be necessary to transfer money in order to cover this expense through the end of this fiscal
year.
Recommendations
Staff respectfully recommends the Commission approve transferring the funds from Contingency.
Attachments:
None
Financial Impact:
$20,000 to be transferred from Contingency.
Type of Item: (please mark with an 'x';
Public Hearing
Ordinance First Reading
Ordinance Second Reading
Resolution
X Commission Approval
Discussion & Direction
For Clerk's DeDt Use:
_ Consent Agenda
_ Public Hearing
_ Regular Agenda
Original Document/Contract Attached for Execution by City Clerk
Original Document/Contract Held by Department for Execution
Reviewed by City Attorney
Reviewed by Finance Dept.
Reviewed by 0
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