Title
Resolution Allocating Funds and Authorizing Pay Out of Accrued Compensatory Time for Newly Exempted Employees
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Resolution Allocating Funds and Authorizing Pay Out of Accrued Compensatory Time for Newly Exempted Employees
SOURCE OF FUNDING:
Please provide the amount requested: Not to Exceed $28,000
Is this a budgeted item? No
Please provide the budgeted amount: $0.00 Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund? n/a
Was this item included in the Fiscal Year Capital Projects Plan? n/a
If yes, please provide the amount included in Capital Projects Plan: n/a
Body
WHEREAS, the Archer Company recently completed a salary survey for the City of Foley and based on those results the City implemented a new Pay Classification Plan, and
WHEREAS, in the new Pay Classification Plan, several employees were moved from FLSA non-exempt status to FLSA exempt status, and
WHEREAS, many of these employees have accrued compensatory leave balances and there is a desire to pay out this compensatory time to the newly exempted employees at a cost not to exceed $28,000.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Authorizes the pay out of accrued compensatory time for all newly FLSA exempt employees and allocates funds in an amount not to exceed $28,000 in support of this action.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.