Common use of Financial Limitations Clause in Contracts

Financial Limitations. For the term of this Agreement, the following percentages of SFMTA/MEA payroll (as defined by the Controller) per fiscal year shall be available for ongoing wage increases and for one-time payments for Range B & C adjustments and placement of non-MCCP eligible employees into step 6 through 9: Ongoing Wage Increases One-Time Payments FY22-23 0.25% 1.00% FY23-24 0.25% 1.00% 128. Unused annual MTAM B & C funds shall not roll over, however, it is the intent of the parties that allocated funding shall be exhausted each year. Not later than May 15 of each year, the Adjustment Committee will meet and discuss how to distribute any remaining funds. In the absence of an agreement on an alternative, such remaining funds will be distributed equally to employees across the MTA departmental pool, excluding Proposition F appointees. 129. Adjustment Committee. A Committee consisting of the Controller (or designee), the Director of Transportation (or designee), and a designated representative of MEA (the Adjustment Committee) will consider the application made by Director of Transportation for placement of incumbent employees at a rate of pay in Ranges B and C. Subject to the applicable financial limitations and criteria, the Adjustment Committee will decide in its sole discretion whether to approve such applications in whole or in part. Decisions of the committee are final and not subject to the grievance procedure. Any confidential personnel information made available to committee members for purposes of determining decisions of the committee will be maintained in confidence. 130. MTAM Post-Appointment Review Process., MTA shall establish and publish the following procedures by July 1st of each fiscal year to inform employees of the basis on which adjustments will be provided: • Performance Measurement Standards • Submission and Review Procedures • Timelines Placement in New and Vacant Positions

Appears in 1 contract

Samples: www.sfmta.com

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Financial Limitations. For the term of this Agreement, the following percentages of SFMTA/MEA payroll (as defined by the Controller) per fiscal year shall be available for ongoing wage increases and for one-time payments for Range B & C adjustments and placement of non-non- MCCP eligible employees into step 6 [begin deletion] and 7 [end deletion] [begin addition] through 99 [end addition] : [begin deletion] Ongoing Wage Increases One-Time Payments FY20-21 0.25% 0.90% FY21-22 0.25% 1.00% [end deletion] [begin addition] Ongoing Wage Increases One-Time Payments FY22-23 0.25% 1.00% FY23-24 0.25% 1.00% 128[end addition] 123. Unused annual MTAM B & C funds shall not roll over, however, it is the intent of the parties that allocated funding shall be exhausted each year. Not later than May 15 of each year, the Adjustment Committee will meet and discuss how to distribute any remaining funds. In the absence of an agreement on an alternative, such remaining funds will be distributed equally to employees across the MTA departmental pool, excluding Proposition F appointees. 129124. Adjustment Committee. A Committee consisting of the Controller (or designee), the Director of Transportation (or designee), and a designated representative of MEA (the Adjustment Committee) will consider the application made by Director of Transportation for placement of incumbent employees at a rate of pay in Ranges B and C. Subject to the applicable financial limitations and criteria, the Adjustment Committee will decide in its sole discretion whether to approve such applications in whole or in part. Decisions of the committee are final and not subject to the grievance procedure. Any confidential personnel information made available to committee members for purposes of determining decisions of the committee will be maintained in confidence. 130125. MTAM Post-Appointment Review Process., MTA shall establish and publish the following procedures by July 1st of each fiscal year to inform employees of the basis on which adjustments will be provided: • Performance Measurement Standards • Submission and Review Procedures • Timelines Placement in New and Vacant PositionsPositions 126. Appointments to new and vacant MEA-represented SFMTA positions eligible for inclusion shall be classified into MTAM. Appointments shall be to Range A, except as described below.

Appears in 1 contract

Samples: www.sfmta.com

Financial Limitations. For the term of this Agreement, the following percentages of SFMTA/MEA payroll (as defined by the Controller) per fiscal year shall be available for ongoing wage increases and for one-time payments for Range B & C adjustments and placement of non-MCCP eligible employees into step 6 and 7 through 9: Ongoing Wage Increases One-Time Payments FY20-21 0.25% 0.90% FY21-22 0.25% 1.00% FY22-23 0.25% 1.00% FY23-24 0.25% 1.00% 128123. Unused annual MTAM B & C funds shall not roll over, however, it is the intent of the parties that allocated funding shall be exhausted each year. Not later than May 15 of each year, the Adjustment Committee will meet and discuss how to distribute any remaining funds. In the absence of an agreement on an alternative, such remaining funds will be distributed equally to employees across the MTA departmental pool, excluding Proposition F appointees. 129124. Adjustment Committee. A Committee consisting of the Controller (or designee), the Director of Transportation (or designee), and a designated representative of MEA (the Adjustment Committee) will consider the application made by Director of Transportation for placement of incumbent employees at a rate of pay in Ranges B and C. Subject to the applicable financial limitations and criteria, the Adjustment Committee will decide in its sole discretion whether to approve such applications in whole or in part. Decisions of the committee are final and not subject to the grievance procedure. Any confidential personnel information made available to committee members for purposes of determining decisions of the committee will be maintained in confidence. 130125. MTAM Post-Appointment Review Process., MTA shall establish and publish the following procedures by July 1st of each fiscal year to inform employees of the basis on which adjustments will be provided: • Performance Measurement Standards • Submission and Review Procedures • Timelines Placement in New and Vacant PositionsPositions 126. Appointments to new and vacant MEA-represented SFMTA positions eligible for inclusion shall be classified into MTAM. Appointments shall be to Range A, except as described below.

Appears in 1 contract

Samples: www.sfmta.com

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Financial Limitations. For the term of this Agreement, the following percentages of SFMTA/MEA payroll (as defined by the Controller) per fiscal year shall be available for ongoing wage increases and for one-time payments for Range B & C adjustments and placement of non-MCCP eligible employees into step 6 through 9and 7: Ongoing Wage Increases One-Time Payments FY22FY19-23 20 0.25% 0.90% FY20-21 0.25% 0.90% FY21-22 0.25% 1.00% FY23-24 0.25% 1.00% 128123. Unused annual MTAM B & C funds shall not roll over, however, it is the intent of the parties that allocated funding shall be exhausted each year. Not later than May 15 of each year, the Adjustment Committee will meet and discuss how to distribute any remaining funds. In the absence of an agreement on an alternative, such remaining funds will be distributed equally to employees across the MTA departmental pool, excluding Proposition F appointees. 129124. Adjustment Committee. A Committee consisting of the Controller (or designee), the Director of Transportation (or designee), and a designated representative of MEA (the Adjustment Committee) will consider the application made by Director of Transportation for placement of incumbent employees at a rate of pay in Ranges B and C. Subject to the applicable financial limitations and criteria, the Adjustment Committee will decide in its sole discretion whether to approve such applications in whole or in part. Decisions of the committee are final and not subject to the grievance procedure. Any confidential personnel information made available to committee members for purposes of determining decisions of the committee will be maintained in confidence. 130125. MTAM Post-Appointment Review Process., MTA shall establish and publish the following procedures by July 1st of each fiscal year to inform employees of the basis on which adjustments will be provided: • Performance Measurement Standards • Submission and Review Procedures • Timelines Placement in New and Vacant PositionsPositions 126. Appointments to new and vacant MEA-represented SFMTA positions eligible for inclusion shall be classified into MTAM. Appointments shall be to Range A, except as described below.

Appears in 1 contract

Samples: Scope of Agreement

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