Agenda Item
Meeting Date: 6/15/2020 - 6:00 PM
Category: Approval of Consent Agenda
Type: Action
Subject: Consider approval of Accumulated Sick Leave Payout Rates for 2020-21
District Goals:
Objective #6: Finance & Operations
Address ongoing financial challenges by re-examining system processes for efficiencies that can drive resources into our core purpose of student learning. * Fund Balance and Bond Rating * Balanced Budget * Efficient Operations
Policy:
Enclosure: The attached memo outlines this post retirement benefit and includes tables with payout rates.
File Attachment:
Memo for Accumulated Sick Leave Rates-merged.pdf
Summary: Retirees who meet certain experience minimums receive a payout amount for each unused sick day up to 100 days. We are recommending no change to the payout rates for next year.
Budgetary Impact: Payments for this benefit come from the general fund (Fund 10).
Recommendation: Approval
Approvals:
Recommended By:
Signed By:
Jonah Adams - Business Manager
Signed By:
Mary Whitrock (SUPT) - Superintendent
Vote Results:

Original Motion
Member Andy Lyke Moved, Member John Sperger seconded to approve the Original motion 'Approval'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 0
   
Tom Stellmacher     Yes
David Scott     Yes
Andy Lyke     Yes
Gary Rodman     Yes
John Sperger     Yes
Josh Rieder     Yes
Nicole Dash     Yes
Nate Zimdars     Yes
Betsy Heffernan     Yes