Staff:
Agenda:
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Dustin Ziebold - Finance Director
12/20/2021 |
AGENDA REPORT
Cape Girardeau City Council
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21-279
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SUBJECT
An Ordinance appropriating monies for payment of additional employee compensation for services to be rendered between now and the end of the third quarter of the fiscal year ending June 30, 2022.
EXECUTIVE SUMMARY
This ordinance would appropriate the following amounts for employee compensation to pay a one-time net payment of $1,500 to each full time employee:
General Fund - $510,300
Airport Fund - $26,500
Parks and Recreation Fund - $32,400
Health Fund - $6,075
Sewer Fund - $64,800
Water Fund - $4,050
Solid Waste Fund - $36,450
Golf Course Fund - $6,075
Indoor Complex Fund - $10,125
Outdoor Complex Fund - $6,075
IT Fund - 8,100
Fleet Fund - $28,350
BACKGROUND/DISCUSSION
This ordinance would appropriate the following amounts for employee compensation to pay a one-time net payment of $1,500 to each full time employee:
General Fund - $510,300
Airport Fund - $26,500
Parks and Recreation Fund - $32,400
Health Fund - $6,075
Sewer Fund - $64,800
Water Fund - $4,050
Solid Waste Fund - $36,450
Golf Course Fund - $6,075
Indoor Complex Fund - $10,125
Outdoor Complex Fund - $6,075
IT Fund - 8,100
Fleet Fund - $28,350
FINANCIAL IMPACT
The entire amount of this appropriation will be covered by Fund Balances of the respective funds. Payments will be distributed to employees December 23, 2021.
STAFF RECOMMENDATION
It is recommended this ordinance be adopted for an appropriation for the payment of the above services by emergency so payments can be made to employees in as soon as possible.
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