Agenda Text
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Requesting the appropriation of $500,000 from Unreserved Fund Balance ("Free Cash") to the Compensated Absence Liability Fund.
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Official Text
To the Honorable City Council:
I respectfully request an appropriation of $500,000 from Unreserved Fund Balance ("Free Cash") to the Compensated Absence Liability Fund. This appropriation is the seed money to place into operation the fund.
My staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Joseph A. Curtatone, Mayor