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File #: 45609    Version: Name: SUBSTITUTE - Hiring a consultant to evaluate and recommend potential improvements to existing employee benefits; amending the 2017 Adopted Operating Budget to appropriate $50,000 from to the Finance Department for the study; and
Type: Resolution Status: Filed
File created: 1/4/2017 In control: BOARD OF ESTIMATES (ended 4/2017)
On agenda: 1/17/2017 Final action: 12/5/2017
Enactment date: Enactment #:
Title: SUBSTITUTE - Hiring a consultant to evaluate and recommend potential improvements to existing employee benefits; amending the 2017 Adopted Operating Budget to appropriate $50,000 from the Contingent Reserve to the Finance Department for the study; and authorizing the City of Madison to issue an RFP and enter into a contract with a consultant to conduct the study.
Sponsors: Paul R. Soglin
Attachments: 1. Benefit Letter to CC 2-2017.pdf, 2. Version. 1.pdf, 3. Wage Life v2.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
12/5/20172 COMMON COUNCIL Place On File Without PrejudicePass Action details Meeting details Not available
11/27/20172 FINANCE COMMITTEE RECOMMEND TO COUNCIL TO PLACE ON FILE WITHOUT PREJUDICE -REPORT OF OFFICERPass Action details Meeting details Not available
1/23/20171   RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER  Action details Meeting details Not available
1/23/20172 BOARD OF ESTIMATES (ended 4/2017) Re-referPass Action details Meeting details Not available
1/17/20171 COMMON COUNCIL ReferPass Action details Meeting details Not available
1/12/20171 Finance Department Referred for Introduction  Action details Meeting details Not available
Fiscal Note
The proposed resolution will appropriate $50,000 from the 2017 Contingent Reserve for consulting services to examine the City of Madison’s current employee benefit structure. If adopted, the remaining balance of the Contingent Reserve will be $1,409,381.

The 2017 Executive Budget included $50,000 within the Finance Department to conduct the study. These funds were removed from the proposed budget by Amendment 12 adopted by the Common Council. The intent of the proposed study is to examine areas for improved efficiency and modernization within the existing benefit structure that may result in savings for both the City and its employees.

Title
SUBSTITUTE - Hiring a consultant to evaluate and recommend potential improvements to existing employee benefits; amending the 2017 Adopted Operating Budget to appropriate $50,000 from the Contingent Reserve to the Finance Department for the study; and authorizing the City of Madison to issue an RFP and enter into a contract with a consultant to conduct the study.

Body
WHEREAS, the City of Madison is committed to continuing to provide high quality benefits to its employees at a reasonable cost, and

WHEREAS, the City Income Protection Plan and Life Insurance programs have not been evaluated since the 1970s, and

WHEREAS, other city benefits may also see improvements in terms of quality and cost as the result of a third party evaluation, and

WHEREAS, a third party evaluation could provide valuable information for discussions with employee unions and employee associations with regard to potential benefit modifications that could improve the provision of benefits and/or reduce costs; and

WHEREAS, the adopted budget does not include funding for a hiring a consultant to evaluate city benefit programs; and

WHEREAS, the projected cost for such and evaluation should not exceed $50,000;

NOW, THEREFORE BE IT RESOLVED, that the 2017 adopted operating budget shall amended to appropriate $50,000 from the Contingen...

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