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037 <br />LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. V. B. <br />_ Information <br />Meeting Date: October 19, 2015 XX Action Item <br />Consent Agenda <br />SUBJECT: Revision to County's Financial Policy <br />DEPARTMENT: Finance <br />CONTACT PERSON: Lisa G. Minter, Assistant County Manager/Finance Director <br />REQUEST: Approval of Revision to the County's Financial Policies <br />Resolution <br />SUMMARY: On August 17, 2015, the Board of Commissioners heard a <br />report on the recent pay and compensation study done by <br />Springsted. One of the recommendations that Human <br />Resources brought forward was to discontinue the policy of <br />doing a comprehensive compensation and classification <br />study every five years and to move that Human Resources <br />perform a study of 20 percent of the County's jobs each year <br />with 100 percent being reviewed over a five-year period. <br />Since the County's Financial Policies called for the study <br />every five years under the competitive employment section, <br />the policies have been revised and are being presented for <br />the Board's consideration. <br />BUDGET IMPACT: N/A <br />ATTACHMENT(S): Financial Policies Resolution <br />RECOMMENDATION: Approve the revised Financial Policies Resolution as <br />presented <br />