Title
Recognition of a City of Roswell employee for participation in the Employees Acting on Roswell's Needs (EARN) Program.
Body
Item Summary:
The City's EARN program is an employee driven cost saving and efficiency program. One submittal for improvement has recently been approved by the EARN Board. The submittal includes cost saving opportunities as well as efficiency improvements.
The submittal is related to payment of utilities. The City currently pays all utilities by issuing checks. The EARN submission recommended paying utility payments by Purchasing Cards. Using the Purchasing Cards would reduce the amount of time Accounts Payables spends in processing invoices related to Utilities. Additionally, as part of the official P-Card program the City will receive a rebate for the purchases made using the P-Card. The submittal was made by Charise Glass, in the Purchasing Division.
Committee or Staff Recommendation:
On December 10, 2013 the Administration, Finance, Recreation and Parks Committee recommended placing this Item on the December 23, 2013 Mayor and Council Agenda.
Financial Impact:
Based on the current Purchase Card Rebate Schedule, by adding utilities to the purchase card program the City would recieve a 1.1% rebate. For FY 2013 the City spend $3,151,013 on utilities, as a result the estimated rebate would be $34,661. The rebate will be set aside for the Employee Benefits Fund (Group Benefits Fund) for three years.
Presented by:
Kay Love, City Administrator
Keith Lee, Finance Director