(a) Employees may carry over from one calendar year to the next, accrued and unused vacation leave up to a maximum of 320 hours. Vacation leave accrued and unused in excess of this limitation shall be cancelled at the end of the last full pay period of the calendar year. With the written approval of the City Manager, an employee may exceed the maximum limitation only at the end of the year preceding the employee's intended retirement. In cases where strict adherence to the carryover limitation of 320 hours would result in undue hardship to an employee or undue inconvenience to an employee's department, the City Manager may grant an exception to this rule.
(Ord. 22-260. Passed 8-16-2022.)
(b) Upon termination of employment, an employee shall receive an amount equal to the employee's accrued unused vacation leave hours multiplied by the employee's regular hourly rate. The regular hourly rate of a salaried employee shall be calculated by dividing the employee's annual salary by 2080.
(c) Upon layoff, an employee shall have the option to be paid for accrued and unused vacation time up to the date of layoff in the manner described in the preceding paragraph. An employee desiring to exercise such option shall do so in writing directed to the City prior to the effective date of the layoff. In the event that an employee is on layoff status for a period of one continuous year, payment of accrued, unused vacation time to such an employee shall be made in conformity with subsection (b) hereof.