City of Somerville
Massachusetts

Agenda Item
190545

29.M Requesting a transfer of $45,000 from the Salary Contingency Acct. to the Police Other Lump Sum Benefits Acct. to fund the Early Retirement Incentive Program for Police Superiors.

Information

Department:Auditing & PayrollSponsors:
Category:Mayor's RequestFunctions:Transfer Intradepartmental

Body

To the Honorable Board:

 

I hereby respectfully request, subject to the approval of your Honorable Board, a transfer in the amount of forty five thousand dollars ($45,000.00) from the Salary Contingency Account (0199951-511000) to the Police Department Other Lump Sum Benefits Account (0121051-519013) for the purpose of funding the Early Retirement Incentive Agreement between the City of Somerville and the Somerville Police Superior Officers’ Association. The transfer funds the Early Retirement Incentive Payment of $15,000 for three superior officers who have recently retired.

 

 

Respectfully submitted,

 

 

Joseph A. Curtatone

Mayor

 

 

Meeting History

Dec 9, 2010 7:00 PM Video Board of Aldermen Regular Meeting
RESULT:REFERRED FOR RECOMMENDATION
Jan 11, 2011 6:00 PM  Finance Committee Committee Meeting

Ms. Baker told the members that a retirement incentive agreement was made between the city and the Police Superior Officers Union as a cost saving measure. Thirty three individuals were eligible for the incentive and three took advantage of it. Each of three individuals will receive a payment of $15,000 as a retirement incentive. The funds would come from the city's salary contingency account, which is currently has a balance of $150,000.

Deputy Chief Cabral spoke about the request and distributed information on the department's salary projections, essentially offering a scenario that allows for these three retirements, provides for promotions to fill those vacancies and increases the number of patrolmen, bringing the department's staffing level to the FY-11 budgeted number of 93. The department is anticipating the receipt of a $180,000 grant and expects to end FY-11 in the black. The committee requested additional information explaining the funding outlined in the projections.

The committee noted that there needs to be better communication between the Administration and the Board of Aldermen with respect to financial matters, especially during these austere times, and also directed that a representative of the Finance Department be present at the January 13th BOA meeting to respond to any questions.

RESULT:APPROVED
Jan 13, 2011 7:00 PM Video Board of Aldermen Regular Meeting
RESULT:APPROVED