Agenda Item
Meeting Date: 3/23/2017 - 6:30 PM
Type: Action
Subject: Reappropriate Funds for Early Implementation of Compression Adjustments
ACPS Division Objective :
Objective 5
We will optimize resources.
Policy: DB - Annual Budget
File Attachment:
Summary: As has been discussed previously with the Board, staff has proposed implementing the recommended compression adjustment on May 1 to address pay and experience discrepancies. Early implementation of this adjustment will permit the hiring of needed, new staff in positions that have been chronically unfilled in the current and prior fiscal years.
Funding: Implementation of this adjustment will be with one-time funding via available fund balance. Total costs will be $73,466. Following this reappropriation, current available fund balance will be $888,868.88.
Recommendation: Approve the implementation of compression adjustments on May 1 and request the Board of Supervisors to amend the appropriations ordinance accordingly.
Recommended By:
Signed By:
Jackson Zimmermann - Assistant Director of Fiscal Services
Signed By:
Dean Tistadt - Chief Operating Officer
Signed By:
Dr. Pamela Moran - Superintendent