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2 <br /> <br /> <br />C. GENERAL INFORMATION <br /> <br />• The donor shall receive no consideration for donating vacation to the Vacation <br />Donation Bank. <br />• Vacation time will be donated based on the dollar value of the vacation donation. <br />• Vacation hours will be donated in whole hours (minimum of one (1) hour). <br />• The donated vacation will be converted to dollars by the City by multiplying the <br />number of hours donated by the donor’s hourly base pay rate at the time of <br />donation. <br />• The donor cannot borrow against future vacation time in order to donate. <br />• Donations may be revoked with approval by the City Administrator. <br />• Donations are submitted to the City by employees through a Vacation Donation <br />Authorization Form. <br />• The identity of donors will be kept confidential. <br />• The accumulation of time in the Vacation Bank will be used to serve future requests <br />for vacation donations. <br />• Employees are not required to donate their accrued vacation time. <br />• No provisions of this policy, or its administration, shall be subject to review under <br />the grievance or arbitration provision of any collective bargaining agreement. <br /> <br />D. REQUESTING/APPROVAL OF DONATED TIME <br /> <br />An eligible employee must submit a Donation of Vacation Request Form to the Human <br />Resources Department. <br /> <br />In order to receive donated time from the Vacation Donation Bank, a Donation of Vacation <br />Request Form must be approved by the City Administrator. <br /> <br />E. APPLYING DONATED VACATION TIME <br /> <br />• The donee’s sick leave, vacation, holiday hours, flex or comp time balances, must <br />be exhausted prior to any donated vacation time being applied. <br />• Donated vacation time shall only be used for time off related to the medical leave. <br />• The Donated Vacation Bank will be tracked by the Finance Department (Payroll). <br />• Human Resources, the Department Head, and the City Administrator will evaluate <br />and consult with the employee during the medical leave to determine the extent of <br />time needed. <br />• The Vacation Donation Policy does not limit or extend the time available under the <br />Family Medical Leave Act (FMLA). <br />• The City Administrator will have the discretion to review vacation donation requests <br />if the employee is deemed unable to return to work or returns to work on a part- <br />time basis. <br />• Under a similar program, the IRS has ruled that these payments are to be <br />considered wages and therefore taxable income to the recipient. As a result, the <br />payments will be included in the recipients annual W -2 Form. State and Federal <br />income tax, FICA/Medicare tax, and Supplemental Retirement contributions, <br />depending on the eligibility of the recipient, will be withheld by the City at the time <br />of payment. The IRS has also ruled that the employee donating the vacation time