HomeMy WebLinkAbout2004-04-20; City Council; Resolution 2004-1311
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RESOLUTION NO. 2004-131
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CARLSBAD, CALIFORNIA SETTING THE
PERCENTAGES FOR THE MANAGEMENT
COMPENSATION AND BENEFITS PLAN FOR FISCAL
YEAR 2004-05
WHEREAS, the City Council has authorized the City Manager to administer a
Performance Management and Compensation Plan for employees in management
classifications; and
WHEREAS, the City Manager has authorized a change to the Plan so that,
effective fiscal year 2004/2005, management goals will be written at two levels
(Threshold and Target) instead of three levels (Threshold, Target and Optimum); and
WHEREAS, incentive awards will be earned based on achievement of goals at
one of these two levels; and
WHEREAS, the City Council must determine annually the amount to be
budgeted for management incentive pay.
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of
Carlsbad as follows:
1. That the above recitations are true and correct
2. That the incentive payout percentages for goal achievement at Threshold and
Target are hereby established at zero percent (0%) and five percent (5%) of base pay
respectively for fiscal year 2004/2005.
Ill
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Page 2 City Council Resolution No. 2004-131
PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad
City Council held on the 20th day of April ,2004 by the
following vote, to wit:
AYES: Council Plembers Lewis, Finnil
NOES: None
ABSENT: None
ATTEST:
n
ORRAINE M. WOOD, City Clerk B""' (SEAL)
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