TO: Board of Supervisors
FROM: Ryan J. Alsop, Chief Executive Officer
REPORT BY: Ryan J. Alsop, Chief Executive Officer
SUBJECT: Resolution Providing a Non-Matching Employer Contribution to 401(a) Retirement Savings Plan
RECOMMENDATION
title
Adopt a Resolution providing a one-time Non-Matching Employer Contribution in the amount of $30,000 to the 401(a) pre-tax sub-account of the Napa County Auditor Controller for the calendar year 2027. (Fiscal Impact: $30,000 Expense; General Fund; Not Budgeted; Discretionary)
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BACKGROUND
Napa County as an employer participates in a 401(a) Retirement Savings Plan ("Plan"). The Plan in part provides that the Employer may contribute to the 401(a) pre-tax sub-account of any officer or employee who is a Plan participant. Section 4.02-2 of the Plan permits Non-Matching Employer Contributions to be made the following calendar year, when a Resolution has been adopted identifying the amount of the contribution and the conditions upon which it will be made.
The Napa County Auditor-Controller will directly assist the County Executive Office with development of the Fiscal Year 2026-27 Budget, providing technical expertise and support to the CEO during critical budget-staff transitions in the CEO's Office, including training and guidance for CEO staff, and provide overall countywide continuity of budget development for improved efficiency, quality assurance, and alignment with best accounting practices. In exchange for these additional duties, the CEO recommends a one-time only, Non-Matching Employer Contribution to the Auditor-Controller in the amount of $30,000 to her 401(a) pre-tax sub-account at the end of the first pay period of January 2027.
Requested Action: Adopt a Resolution authorizing a one-time only Non-Matching Employer Contribution in the amount of $30,000 paid to the 401(a) pre-tax sub-account of the Napa County Auditor-Controller.
FISCAL IMPACT
Is there a Fiscal Impact?
Yes
Is it currently budgeted?
No
Is it Ma...
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