Common use of Supplemental Training Fund Clause in Contracts

Supplemental Training Fund. The City has created a supplemental employee training, education and development fund through a one-time appropriation for $260,000 in FY 2003 (the Supplemental Training Fund). This one-time money supplemented the Employee Development Fund, which is replenished yearly. Effective July 1, 2012, the balance of the Supplemental Training Fund is one hundred thousand dollars ($100,000*). In the event that there are insufficient funds in any fiscal year to fund all the employee requests under the Employee Development Fund, the funds in the Supplemental Training Fund will be used to fund those requests. The existence of the Supplemental Training Fund does not affect the City’s obligation to provide the prescribed amount per fiscal year under the Employee Development Fund. When the $100,000 in the supplemental fund is exhausted, the City will not have any obligation to contribute any additional money to the supplemental fund.

Supplemental Training Fund. The City has created a supplemental employee training, education and development fund through a one-time appropriation for $260,000 in FY 2003 (the Supplemental Training Fund). This one-time money supplemented the Employee Development Fund, which is replenished yearly. Effective July 1, 2012, the balance of the Supplemental Training Fund is one hundred thousand dollars ($100,000*). In the event that there are insufficient funds in any fiscal year to fund all the employee requests under the Employee Development Fund, the funds in the Supplemental Training Fund will be used to fund those requests. The existence of the Supplemental Training Fund does not affect the City’s obligation to provide the prescribed amount per fiscal year under the Employee Development Fund. When the $100,000 in the supplemental fund is exhausted, the City will not have any obligation to contribute any additional money to the supplemental fund. Funds shall not carry over beyond the expiration of this 2015-2019 MOU.

Supplemental Training Fund. The City has created a supplemental employee training, education and development fund through a one-time appropriation for $260,000 in FY 2003 (the Supplemental Training Fund). This one-time money supplemented the Employee Development Fund, which is replenished yearly. Effective July 1, 2012, the balance of the Supplemental Training Fund is one hundred thousand dollars ($100,000*). In the event that there are insufficient funds in any fiscal year to fund all the employee requests under the Employee Development Fund, the funds in the Supplemental Training Fund will be used to fund those requests. The existence of the Supplemental Training Fund does not affect the City’s obligation to provide the prescribed amount per fiscal year under the Employee Development Fund. When the $100,000 in the supplemental fund is exhausted, the City will not have any obligation to contribute any additional money to the supplemental fund. Funds shall not carry over beyond the expiration of this 2015-2019 MOU.

Supplemental Training Fund. The City has created a supplemental employee training, education and development fund through a one-time appropriation for $260,000 in FY 2003 (the Supplemental Training Fund). This one-time money supplemented the Employee Development Fund, which is replenished yearly. Effective July 1, 2012, the balance of the Supplemental Training Fund is one hundred thousand dollars ($100,000*). In the event that there are insufficient funds in any fiscal year to fund all the employee requests under the Employee Development Fund, the funds in the Supplemental Training Fund will be used to fund those requests. The existence of the Supplemental Training Fund does not affect the City’s obligation to provide the prescribed amount per fiscal year under the Employee Development Fund. When the $100,000 in the supplemental fund is exhausted, the City will not have any obligation to contribute any additional money to the supplemental fund.