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EXPLANATORY STATEMENT (CONTINUED)

BUDGET MESSAGE

Approved

Individual

Labor

Local

Employment

Agreement

Ordinance

Agreements*

$

NOT APPLICABLE

The Borough has adopted a policy that all paid vacation

must be taken by December 31st of any year and will receive

payment for sick time accrued for the current year.

Totals

days $

0.00

$

0.00

$

0.00

*Benefit must be established by local ordinance

Sheet 3c

Total Funds Reserved as of end of 2014 :

Total Funds Appropriated in 2015 :

Organization/Individuals Eligible for Benefit

Accumulated

Compensated

Absence

Absences

Analysis of Compensated Absence Liability

legal basis for benefit

(check applicable items)

Total Days of

Value of