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Capital Improvement Plan 2013 thru 2017 <br /> City of Elk River, Minnesota <br /> Project# TC-03 <br /> Project Name Timekeeping Software <br /> Type Technology Department Technology/Communications <br /> Useful Life 7 years Contact Human Resource Rep <br /> Category Technology/Communiciations Priority n/a <br /> Description ( <br /> Electronic Timekeeping software <br /> • <br /> Justification <br /> The ability to record work time electronically has many benefits. Electronic timekeeping saves paper,rather than printing 170+timesheets every <br /> two weeks,employees record their time on a computer or through a punch-in type system. <br /> Supervisors would have the ability to continually monitor time usage and approve time worked with the click of a button. Once approved,the <br /> system automatically feeds the time records directly to the payroll system:thereby eliminating hours of data entry every payroll. <br /> Electronic timekeeping systems provide enhanced reporting and a greater ability to track work time based on tasks. Most systems also allow for <br /> employees access to information like leave balances and tax exemptions and provide automated processes for requesting time off from work. <br /> Recent State contract pricing may decrease the amount. <br /> Expenditures 2013 2014 2015 2016 2017 Total <br /> Software/Hardware 75,000 75,000 <br /> Total 75,000 75,000 <br /> Funding Sources 2013 2014 2015 2016 2017 Total <br /> Capital Outlay Reserve 75,000 75,000 <br /> Total 75,000 75,000 <br /> 2013-2017 CAPITAL IMPROVEMENT PLAN Page 76 <br />