06 09 26 Executive Continuity Program - Chief Financial Officer Kevin Artz
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EXECUTIVE CONTINUITY PROGRAM June 9, 2026 PURPOSE Staff is requesting approval of an Executive Continuity Program to help: • Preserve institutional knowledge • Maintain operation stability • Ensure uninterrupted service delivery During executive and leadership retirements. PROGRAM OBJECTIVES •Preserve institutional knowledge and operational expertise •Maintain operational stability •Support continuity of strategic objectives •Provide leadership continuity •Reduce operational disruptions •Promote fiscal stewardship with cost-effective strategies HOW IT WORKS • Allows the City to respond promptly when an employee requests the ability to return to work after retiring. • Avoid costs of health, dental and retirement benefits for one year • Avoid costs associated with executive recruitments • Employee salary would be reduced by up to 25% of the current salary (City manager has flexibility to modify the reduction %) • Allows the City to continue to maintain service levels at a reduced cost to taxpayers • Used in conjunction with a contract with Educational Services, LLC to provide staffing arrangements RECOMMENDATION • Staff recommends Council approve the Executive Continuity Program Questions?