Common use of Professional Development Funds Clause in Contracts

Professional Development Funds. Effective Fiscal Year (FY) 2022/2023, upon the approval and at the discretion of the Fire Chief, employees shall be eligible for reimbursement for up to $1500 per employee, per FY, out of funds from the Joint Apprenticeship Committee (JAC), for 1) completed training courses required for promotion (as defined in the minimum qualifications for higher-level positions) to a higher rank within the ACFD or 2) specialized job-related educational courses that will maintain or upgrade the employee’s skills on the job as agreed upon each FY by the Sub-JAC Committee. Employees may be reimbursed for more than one (1) training course completed in the FY, but in no event shall the total stipend exceed $1500 per employee, per fiscal year, contingent on the availability of JAC funds, and such funds for reimbursement shall not roll over into subsequent FYs. If the JAC fund balance is $200,000 or lower, reimbursement outlined herein shall cease until the JAC fund balance is over $200,000. Employees shall receive reimbursements on a first come, first served basis each FY.

Appears in 5 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Professional Development Funds. Effective Fiscal Year (FY) 2022/2023, upon the approval and at the discretion of the Fire Chief, employees shall be eligible for reimbursement for up to $1500 per employee, per FY, out of funds from the Joint Apprenticeship Committee (JAC), for 1) completed training courses required for promotion (as defined in the minimum qualifications for higher-level positions) to a higher rank within the ACFD or 2) specialized job-related educational courses that will maintain or upgrade the employee’s skills on the job as agreed upon each FY by the Sub-JAC Committee. Employees may be reimbursed for more than one (1) training course completed in the FY, but in no event shall the total stipend exceed $1500 per employee, per fiscal year, contingent on the availability of JAC funds, and such funds for reimbursement shall not roll over into subsequent FYs. If the JAC fund balance is $200,000 or lower, reimbursement outlined herein shall cease until the JAC fund balance is over $200,000. Employees shall receive reimbursements on a first come, -first served basis each FY.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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