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HomeMy WebLinkAbout2015 Resolution No. 052• RESOLUTION NO. ~.,.2_ SERIES OF 2015 A RESOLUTION APPROVING A YEAR-END SUPPLEMENT AL APPROPRIATION TO THE 2015 BUDGET. WHEREAS, the City of Englewood is required by City Charter to ensure that expenditures do not exceed legally adopted appropriations; and WHEREAS, the 2015 Budget was submitted and approved by the Englewood City Council on November 3rd, 2014; and WHEREAS, the supplemental appropriation for 2015 is presented for City Council's consideration at this time because total expenditures for the year are often not fully known until all expenditures are paid, which is often months after year-end; and WHEREAS, the City's compensation system has not been reviewed in many years and is critical to recruiting, retaining, and motivating employees; and WHEREAS, the Englewood City Council does approve wage adjustment for employees with a resolution; and WHEREAS, the City Council approved a wage adjustment for MSC employees on February 17,2015;and WHEREAS, the Englewood City Council approved a motion on May 4, 2015, approving a professional services agreement between MSEC and the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCil, OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. The Budget for the General Fund of the City of Englewood, Colorado, is hereby amended for the year 2015, as follows : GENERAL FUND: SOURCE OF FUNDS: Unassigned Fund Balance $78,000 USE OF FUNDS: Human Resources -Professional Services $78,000 1 Section 2. The City Manager and the Director of Finance and Administrative Services are hereby authorized to make the above changes to the 2015 Budget for the City of Englewood. ADOPTED AND APPROVED this 4 th day of May, 2015. I, Loucrishia A. Ellis, City Clerk for !b,.e City of Englewood, Colorado, hereby certify the above is a true copy of Resolution No. '6~eries of 201 . ',' tf~ 2 • , COUNCIL COMMUNICATION Date: Agenda Item: Subject: May 4, 2015 11 Ci Resolution for a Supplemental Appropriation of Funds for the Mountain States Employers Council Professional Services Agreement to Conduct a Review of the City's Base Compensation Market Analysis and Update the Salary Structure Initiated By: Staff Source: Finance and Administrative Services Department Frank Gryglewicz, Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION The City Council has not discussed the Professional Services Agreement with MSEC directly but does approve wage adjustment for employees by resolution . Council approved a wage adjustment for MSC employees on February 17, 2015. Council approved a motion approving a professional services agreement between the City and MSEC. RECOMMENDED ACTION Staff recommends City Council approve the attached resolution for a supplemental appropriation to 2015 Budget of $78,000 for a Professional Services Agreement with MSEC to review the City's current compensation plan, pay for performance system, and pay philosophy as follows: SOURCES AND USES OF FUNDS: GENERAL FUND; SOURCE OF FUNDS: Unassigned Fund Balance USE OF FUNDS: Human Resources -Professional Services BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED $78,000 $78,000 The City's compensation system has not been reviewed in many years. City staff believes the compensation plan is long overdue for a review. Staff believes the compensation plan is critical to recruiting, retaining, and motivating employees. Staff is hopeful this project can be completed by the end of summer 2015. The City will also revisit its compensation philosophy regarding market rate of pay and pay-for-performance. The cost of the services provided by MSEC will range from $58,000 -$78,000. The Resolution is for -$78,000, any funds not used will be returned to fund balance at year-end . FINANCIAL IMPACT The General Fund's reserves will decrease by $78,000. LIST OF ATTACHMENTS Proposed Resolution • • • •