unclassified
Compensated Absences
April 30, 2025 · Monterey, CA
📄
Source: Source Document
(PDF, 8 pp)
Retrieved April 30, 2026
from legistar.granicus.com ↗
Confidence:
98%
High
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