Submitted By
Kira Tchang, Assistant Village Manager/Human Resources Director
Reviewed By
Erin E. Baynes, Assistant to the Village Manager
Agenda Item Title
Title
A Resolution Approving an Amendment to an Employee Leasing Agreement with MGT of America Consulting, LLC for an Interim Chief Financial Officer to Change the Not-to-Exceed Amount from $150,000 to $225,000 and to Extend the Term from August 2, 2024 to February 28, 2025 and Authorizing its Execution
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Overview
Overview
The Village uses a temporary services agency to employ the Village's Interim Chief Financial Officer position. While originally intended to be short-term in nature and approved under the Village Manager's spending authority, staff have identified a need for the Interim Chief Financial Officer employee to remain with the Village through February 28, 2025, until the adoption of the Village's Fiscal Year 2025 Budget, the completion of the long term financial planning project, and the hiring and onboarding of a permanent Chief Financial Officer.
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Recommendationmendation
Adopt the Resolution.
Background
The Village uses a number of temporary services agencies to provide temporary employees during times of staffing shortage or when a key employee vacancy requires a temporary employee. When the previous permanent Chief Financial Officer resigned last fall, the Village utilized GovTemps to hire an interim Chief Financial Officer. Originally, staff intended for the temporary employment agreement to be short-term in nature and a contract was approved under the Village Manager's spending authority from September 7, 2023 through December 6, 2023. During a portion of this time, the Interim CFO role was to be part-time and the interim placement was meant to be in place through the adoption of the FY24 Budget. Subsequently, staff determined that it would be in the best interest of the Village for the Interim CFO to remain in the role through the completion of the annual audit to ensure co...
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