Explanation
BACKGROUND: The Department of Human Resources has been awarded funding from the International Public Management Association For Human Resources (IPMA-HR), the National Association of State Treasurers’ Foundation (NASTF), the Center For State and Local Government Excellence (SLGE), with support from Wells Fargo Foundation. This legislation authorizes the Human Resources Director to accept and appropriate grant funds of $95,000.00. These funds will be used to develop or expand customized financial wellness programs for public employees and their families to help them navigate financial challenges now or in the future, reduce debt, save for retirement, or reach other financial goals. The grant period commences upon receipt of the funds and ends September 30, 2021.
This ordinance is submitted as an emergency to allow The Citywide Training and Development Office, together with the Employee Benefits and Wellness team, to develop or expand customized these financial wellness programs as soon as possible.
FISCAL IMPACT: The financial wellness grant for $95,000.00 provides sufficient funding to create or expand related programs. No additional funding is required.
Emergency Designation:
Emergency action is requested to allow program development to begin as soon as funding is received.
Title
To authorize the Human Resources Department Director to accept a $95,000.00 grant from the International Public Management Association For Human Resources (IPMA-HR), the National Association of State Treasurers’ Foundation (NASTF), the Center For State and Local Government Excellence (SLGE), with support from Wells Fargo Foundation; to authorize the appropriation of funds in the amount of $95,000.00; and to declare an emergency. ($95,000.00)
Body
WHEREAS, the International Public Management Association For Human Resources (IPMA-HR), the National Association of State Treasurers’ Foundation (NASTF), the Center For State and Local Government Excellence (SLGE), wit...
Click here for full text