(a) The Village Administrator, Fiscal Officer, Fire Chief, Police Chief, and Police Captains shall be given compensatory time at the rate of one and one-half (1 ½) times their hourly rate of pay for any authorized extra hours worked. Such extra hours shall be authorized and approved by the Mayor/Safety Service Director.
(b) The Fire Chief, Police Chief, and Police Captains may accrue compensatory time up to a maximum of four hundred eighty (480) hours. The Village Administrator and Fiscal Officer may accrue compensatory time up to a maximum of two hundred forty (240) hours.
(c) An employee shall be paid at the employee’s regular rate of pay for any hours of compensatory time accrued in excess of these maximum amounts if the employee has not used the compensatory time within three hundred sixty-five (365) days after it is granted. Upon termination of employment, any employee with accrued but unused compensatory time shall be paid for that time at the employee’s final regular rate of pay. (Ord. 2842. Passed 10-24-22.)