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Okaloosa County BOCC — December 4, 2012 — EDC Employee Conversion Formula Memo — reading text

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MEMO Date: January 17, 2013 To: County Administrator Jim Curry From: Kay Rasmussen, Interim President Subject: Submission of State of Florida Part Time Employee Conversion Formula Dear Jim, Per your discussion with Caroline McCoy, the Economic Development Council of Okaloosa County is submitting Enterprise Florida’s “Part Time Employee Conversion Formula” to the Board of County Commissioners for review and acceptance. The formula is the state’s standard to convert part time employee calculations to full time equivalent employee count and average wage. This calculation is required when determining prerequisites for incentives, grants and/or loan applications requiring employee parameters. Thank you for your consideration to this request and future development!

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