2005-133 - To Revise The Current Billing Rate Formula Used To Calculate The Hourly Cost Of Town Staff, Inclusive Of Salary, Benefits, And OverheadRESOLUTION 2005 -133
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
TO REVISE THE CURRENT BILLING RATE FORMULA
USED TO CALCULATE THE HOURLY COST OF TOWN STAFF,
INCLUSIVE OF SALARY, BENEFITS, AND OVERHEAD
WHEREAS, the Town Council previously adopted Resolution 2000 -122
amending the billing rate formula for staff hours,
WHEREAS, staff recommends further revising the billing rate formula to
accommodate fluctuations in the benefit and overhead factors of the formula
THEREFORE, BE IT RESOLVED: that the billing rate formula for staff hours
will be a calculation o£ the annual cost of the top step of the pay range, plus the
annual cost of benefits, with the sum divided by productive staff hours per year
(1800, or pro -rated for part- time), plus an amount calculated at the established
overhead rate.
IT IS FURTHER RESOLVED: that Resolution 2000 -122 is hereby repealed.
PASSED AND ADOPTED at a regular meeting of the Town Council of the
Town of Los Gatos, California, held on the 19 t ' day of December, 2005 by the
following vote:
COUNCIL MEMBERS:
AYES: Steve Glickman, Joe Pirzynski, Barbara Spector, Mike Wasserman,
Mayor Diane McNutt.
NAYS: None
ABSENT: None
ABSTAIN: None
SIGNED: A'1W Awd
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
CLERK A gil4ATC R
LOS GATOS, CALIFORNIA
CADocuments and Settings\MRasmuss \Local Settings \Temp \GWViewer\Billing Rate Resolutionmpd