Fiscal Note
Sufficient funds are available in the adopted 2006 Operating Budget to fund the 2.625% current year compensation cost increase associated with this agreement. An additional 3.1% effective wage and premium pay increase which begins in 2007 will be incorporated into future year budgets.
Title
Authorizing the Mayor and Clerk to execute a Memorandum of Understanding between the City of Madison and the Association of Madison Police Supervisors (AMPS) for the period January 1, 2006 through December 31, 2007.
Body
Be it hereby resolved that the Mayor and City Clerk are authorized to execute a Memorandum of Understanding between the City of Madison and the Association of Madison Police Supervisors (AMPS) for the period January 1, 2006 through December 31, 2007.