FY 2021 2122 ADOPTED OPERATING AND FY 2021 2526 CIP BUDGETS

Employee Assistance

240.2610

Division Description This fund supports various employee financial assistance programs. The FY 2020-21 and 2021-22 Biennial budget includes funding for the employee computer loan program. Through this pro- gram, an employee may borrow up to $2,000 to purchase a computer system for home use. The employee repays the City through payroll deductions.

FY 2018-19 and 2019-20 Accomplishments • Distributed roughly $21,000 in loans for employee home computer purchase • Collected an estimated $20,000 in loan repayments

FY 2020-21 and 2021-22 Activity Goals • Promote the availability of home computer loans for employees (Fostering a Positive Organi- zational Culture) • Target first time loan applicants (Fostering a Positive Organizational Culture)

Financial Comments The computer loan program is a revolving loan fund with new loans being distributed from the existing loan payments. The program focuses on first time borrowers.

286 INTERNAL SERVICE FUNDS/MISCELLANEOUS PROGRAMS