Compensated Absences

Summary

This report discusses the assignment of compensated absences, which includes vacation, sick, and comp time for county employees. The report highlights the liability and reserve balance for compensated absences, with a total liability of $69M and a reserve balance of $10.4M. The report also provides a 5-year activity history of the reserve balance and discusses fiscal policies for reserve balances. The report concludes with a contingency fund assignment summary for FY 2025-26.

Details

Subject

Compensated Absences

Summary

This report discusses the assignment of compensated absences, which includes vacation, sick, and comp time for county employees. The report highlights the liability and reserve balance for compensated absences, with a total liability of $69M and a reserve balance of $10.4M. The report also provides a 5-year activity history of the reserve balance and discusses fiscal policies for reserve balances. The report concludes with a contingency fund assignment summary for FY 2025-26.

Report Date

2025-10-21

Report Type

staff

Report Title

Compensated Absences Assignment

Authoring Body

County Administrative Office

Reporting Period

FY 2020-21 to FY 2024-25