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July 31, 199' <br /> To; Steve Sarkozy <br /> City Manager <br /> From: Ed Burrell <br /> Finance Director <br /> Re,s, Annual Educational Expenses <br /> As per the Manager's employment agreement, you were to receive up to 1,500 annually for <br /> educational expense. During the years of 1990 through 1997 to-date our records show you have <br /> used 3,550. <br /> Your total allowance for the same period is S 12,000 leaving a balance of$8,45o unused. <br /> Normally those funds are not captured at year-end for future use, however, if the intent of the <br /> Council was to allocate regardless of the timing, 1 would recommend an allocation of up to <br /> $69950 from the 1997 contingent fund. The additional $1,500 is already in the 1997 budget. <br /> Below is a summary of our records; <br /> Year Comment Allocated Expen'ture fiance <br /> 1990 Annual Budget Allocation 12 500 $13500 <br /> 1991 Annual Budget Allocation 131500 ,000 <br /> 1992 Annual Budget Allocation 12500 4, 00 <br /> 1993 Annual Budget Allocation 111500 6, <br /> 1994 Annual Budget Allocation 17500 7,50u <br /> 1994 Executive Development Center 700 6,100 <br /> 1994 Executive Development Center 750 6,050 1 <br /> 199 Annual Budget Allocation 11500 71550 <br /> 1995 Executive Development Center 700 6X0 <br /> MENEM <br /> 1996 Annual Budget Allocation 1,500 82350 <br /> 1996 University of Virginia 12400 6,950 <br /> 199' Annual Budget Allocation 12 , <br /> MEMEW <br /> JAMMMOOSMAMCWMANMENEWM <br />