25 Not an action itemCITY COUNCIL AGENDA ITEM BRIEFING SHEET
Submittal Date:
Originating Department:
Presented By:
Agenda Item No.:
10/09/08
Council Date:
City Council
Kevin Carruth
25.
10/13/08
RECOMMENDED MOTION:
Not an action item.
POLICY ISSUE(S):
Budget; Employee benefits
BACKGROUND:
Council directed staff to develop two scenarios to allocate the $254,369 left over in the FY 2008-2009
General Fund as one-time payments to employees. Including all 331 full-time employees will result in
individual payments of $625 (plus $150 in benefits and taxes) and total $257,238 (including benefits). Paying
only the 312 non-exempt employees would give them $660 each (in addition to $158 in benefits and taxes)
and cost $255,341. These amounts assume payment in calendar year 2008. Our TMRS rate will drop
January 1, 2009, which would add about $10 to each payment if payments were sent after January 1.
Because of the minunal difference and the higher need for the payments during the holiday season, I plan to
send payments to all full-time employees in November.
BOARD/COMMISSION RECOMMENDATION:
EXHIBITS:
ACTION:
BUDGET INFO:
❑ Financial Report ❑ Minute Order
Expense
$255,341
❑ Department Report ❑ Resolution
Budgeted Amt.
$254,369
Z Presentation ❑ Ordinance
y'I'D Actual
$
❑ Public Hearing ❑ Other
Acct. Name
Acct. Number
FISCAL NOTES:
REVIEWED AND APPROVED BY:
Z Administration Z City Clerk ❑ Community Development ❑ EMS/IT Z Finance ❑ Fire
❑ Municipal Court ❑ Legal ❑ Library ❑ Police ❑ Eng./Public Works ❑ Utilities
City of Paris Revised 2/04/08
• OOU16i