The Employee Development Fund (EDF) will now renew with $750,000 in additional funding for FY20. We have been provided with the following final numbers for FY19:
• Total Amount Paid: $723,495.41
• Budget Amount: $750,000.00
• Unused Amount: $26,504.59
• Percentage of Budget Used: 96.466%
In negotiations in 2018, state members successfully bargained an additional $200,000 in funding for the Employee Development Fund each fiscal year. The remaining amount of $26,504,59, will roll over and now be added to the $750,000 now available for state members in FY20.
If you have any questions, do not hesitate to contact the Member Resource Center.