Title
To establish a special revenue fund entitled "Fire Quarter Master Incentive Travel Fund" for the Division of Fire and to authorize the acceptance of internal funds from savings realized as a result of the Fire Quarter Master system; to transfer and appropriate $10,000.00 into the Fire Quarter Master Incentive Travel Fund; and to declare an emergency.($10,000.00)
Explanation
BACKGROUND
NEED: The Division of Fire seeks to establish a special revenue fund entitled, "Fire Quarter Master Incentive Travel Fund", which is authorized to accept internal funds from savings realized as a result of the Fire Quarter Master system. The Quarter Master system was established by the Fire Division as an alternate clothing issuance practice.
The purpose of the above special revenue fund is to transfer funds saved from the implementation of the Fire Division's Quarter Master system into a special revenue fund for travel expenses for the Fire Division's Honor Guard, Pipe and Drum, CISM members, technical committees, etc.
The Fire Division will comply with all current Travel Regulations as set forth by the City Auditor.
The fund will be funded in the initial amount of $10,000.00 to be transferred and appropriated in from the Division of Fire's 2003 General Fund Budget.
At the end of each year, 7% of the savings of General Fund dollars budgeted versus dollars spent via the Quarter Master system for clothing issuance will be transferred into the above fund. Travel expenses from this fund shall be issued only by cooperative agreement between the Fire Chief and IAFF Local 67 Union President, subject to the approval of the Public Safety Director.
BID INFORMATION: N/A
CONTRACT COMPLIANCE NO. : N/A
FISCAL IMPACT: Funds for the Fire Division's Quarter Master system for clothing issuance are budgeted in the Division's General Fund Budget; proceeds from the aforementioned savings will be transferred into this special fund to provide for travel for Fire ...
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