Fiscal Note
The proposed resolution adopts and confirms the Labor Agreement between the City of Madison and the Association of Madison Police Supervisors for the period January 1, 2022 through December 31, 2025. The total cost for the proposed wage increase in the agreement, over the life of the contract, is $526,000.
|
|
2022 Cost |
2023 Cost |
2024 Cost |
2025 Cost |
Cumulative |
|
Wages |
65,226 |
89,156 |
137,772 |
143,325 |
435,479 |
|
Benefits |
12,928 |
18,669 |
28,850 |
30,012 |
90,459 |
|
Total |
78,154 |
107,825 |
166,622 |
173,337 |
525,938 |
Funding for the 2022 and 2023 wage increases is included in the 2023 adopted operating budget.
A $1,000 one-time payment per Police Supervisor employee paid by February 2023, is required under the contract. The cost of this payment is $44,900. Funding for this payment is included in the 2023 adopted operating budget. The adopted budget also includes funding to make a $1,000 payment to all permanent full- and part-time city employees. The source of funding for this payment is a surplus in the Premium Stabilization Fund for the city’s life insurance and long-/short-term disability programs. The total cost of these payments, including those to be made under the Police Supervisors contract, is estimated to be $3.4 million.
The contract includes other changes with fiscal implications as outlined on the attachment to the resolution. The cost of these changes is estimated to be $4,000 in 2023 and has not been budgeted. City expenses are monitored throughout the year and if necessary, a budget amendment may be offered through the year-end appropriation. The current balance of the Contingent Reserve is $1,900,000. These funds could be used to cover the cost of the contract changes. No additional appropriation is needed at this time to fund the proposed changes.
Title
Adopting and confirming the Agreement between the City of Madison and the Association of Madison Police Supervisors (AMPS) for the period January 1, 2022 to December 31, 2025.
Body
Title
Adopting and confirming the Agreement between the City of Madison and the Association of Madison Police Supervisors (AMPS) for the period January 1, 2022 to December 31, 2025.
Body
This resolution adopts and confirms the Agreement between the City of Madison and the Association of Madison Police Supervisors (AMPS) for the period January 1, 2022 to December 31, 2025.
The Common Council of the City of Madison do hereby ordain as follows: The Agreement between the City of Madison and the Association of Madison Police Supervisors (AMPS) for the period January 1, 2022 to December 31, 2025 is hereby adopted in its entirety and confirmed in all respects and the Mayor and City Clerk are authorized to sign the Agreement.