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HomeMy WebLinkAbout2014-01-27 Ordinance 5229ORDINANCE NO. 5229 ORDINANCE OF THE COUNCIL OF THE CITY .OF PALO ALTO AMENDING THE BUDGET FOR FISCAL YEAR 2014 TO PROVIDE AN ADDITIONAL APPROPRIATION OF $98,050 FROM THE . BUDGET STABILIZATION RESERVE FOR A TOTAL COMPENSATION MARKET STUDY FOR THE MANAGEMENT & PROFESSIONAL CLASSIFICATIONS. The Council of the City of Palo Alto does ordain as follows: SECTION 1. The Council of the City of Palo Alto finds and determines as follows: A. Pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 10, 2013 did adopt a budget for Fiscal Year 2014; and B. On June 16t h, 2012, staff updated the Management & Professional Compensation Plan, effective July 1, 2013, to implement a total compensation study with market data collected from 2010 through 2012; and C. On June 16th, 2013, Council directed staff to conduct a follow up study to obtain current market data; and D. Staff issued a Request for Proposal for a total compensation market study for up to 128 classifications within the Management & Professional group and the Utility Managers. Staff received five proposals that met the requirements of the RFP, reviewed all proposals submitted and selected Walters Consulting Group, Inc. Walters specializes in municipal and county compensation works and has a rigorous methodology for collecting and analyzing compensation data; and E. City Staff recommended use of the General Fund Budget Stabilization Reserve in the amount of $ 98,050 due to the immediate nature of this request; and F. City Council authorization is needed to amend the Fiscal Year 2014 Operating Budget as hereinafter set forth. SECTION 2. The sum of Ninety-Eight Thousand, Fifty ($98,050) is hereby appropriated for the People Strategy and Operations Department from the General Fund Stabilization Reserve. SECTION 3. The People Strategy & Operations Department budget is hereby increased by Ninety-Eight Thousand, Fifty ($98,050) and the General Fund Budget Stabilization Reserve is hereby decreased by Ninety-Eight Thousand, Fifty ($98,050) to Thirty Million, One Hundred Seventy-Three Thousand, Nine Hundred Fifty ($30,173,950). SECTION 4. As provided in Section 2.04.330 of the Palo Al to Municipal Code, this ordinance shall become effective upon adoption. SECTION 5. The Council of the City of Palo Alto hereby finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. INTRODUCED AND PASSED: January 27, 2014 AYES: BERMAN, BURT, HOLMAN, KLEIN, KNISS, PRICE, SCHARFF, SCHMID, SHEPHERD NOES: ABSTENTIONS: ABSENT: Clty Clerk ' Senior Assistant Attorney