Agenda Summary
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Requesting the appropriation of $1,000,000 from the Unreserved Fund Balance ("Free Cash") to the Salary & Wage Stabilization Fund.
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Official Text
To the Honorable City Council:
The Mayor respectfully requests that this Council appropriate $1,000,000 from Unreserved Fund Balance ("Free Cash") to the Salary & Wage Stabilization Fund as a reserve for collective bargaining agreements and non-union salary adjustments.
Appropriate staff will be available to answer any questions you may have. Thank you for your consideration of this matter.
Respectfully Submitted,
Katjana Ballantyne, Mayor