Submitted by: Patrick Paschall
Submitting Department: Finance
Agenda Section: Consent
Item Title:
title
ARPA - Reimbursement to General Fund for Staff Salary Adjustments
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Suggested Action:
recommendation
I move that the Mayor and Council authorize the Treasurer to reimburse the General Fund in the amount of $759,000 for FY23 Staff Salary Adjustments using ARPA funds.
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Summary Background:
In Spring 2023, the City Administrator authorized staff salary adjustments for select employees to implement recommendations from a compensation study that was conducted in 2022. These salary adjustments cost a total of $759,000, and were paid out of General Funds at the time of implementation.
Council approved the ARPA Spending Plan on May 1, 2023, including $759,000 for Staff Salary Adjustments. This motion will authorize reimbursing the General Fund for this expense with ARPA funds that have been approved for this purpose.
Next Steps:
Transfer $759,000 from General Fund to ARPA
Fiscal Impact:
$759,000 to be spent from ARPA to reimburse the General Fund
City Administrator Comments:
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Community Engagement:
N/a
Strategic Goals:
Goal 4 - Foster Excellence in all City Operations
Legal Review Required?
N/A