Employees occupying full or part-time positions in either the classified or exempt service, who are entitled to earn annual leave as provided in Section 16-220, may be required to take leave without pay as a furlough under any one (1) of the following circumstances: Where the County Executive determines that an ascertained shortfall in revenue, based upon available projections, during any fiscal year requires the compensation level of a department, agency, or office to be reduced; or, Where a reduction in the compensation level of a department, agency or office is effectuated in the County's approved annual expense budget; or, Where an appointing authority requests, and the County Executive approves, furloughs for employees under the appointing authority's jurisdiction in order to meet the compensation level funded for the department, agency, or office in the County's approved annual expense budget. Whenever furloughs are required under any one (1) of the circumstances described in Subsection (a), above, the County Executive shall transmit to the County Council a Furlough Plan, in resolution form, which sets forth: The circumstance warranting the furlough action; The number of employees to be affected by the furlough action identified by agency, salary, grade and salary schedule; The number of furlough days or hours affected employees will be required to take; The period of time over which furlough days or hours will be required; and, The dollar amount of compensation savings expected to result from the Furlough Plan. The Furlough Plan shall not require any employee to take more than one (1) furlough day or eight (8) furlough hours of regularly scheduled work time, whichever is greater, in any given pay period, as defined in Section 16-126; provided, however, that in order to effect savings related to the closing of certain buildings for specified periods, the Furlough Plan may require more than one furlough day in a pay period provided that the furlough time shall be charged to employees in such a manner that no more than one (1) furlough day may be charged to an employee during any one pay period unless requested by the employee. The Furlough Plan may include the crediting of annual leave to the annual leave account of any employee required to take a furlough, in an amount equal to the number of furlough hours an employee is required to take, notwithstanding the annual leave accrual schedule or maximum accumulation established in Section 16-220 or any Salary Plan. Notwithstanding the provisions of Section 16-219, an employee on furlough the last regular work day before or the first regular work day after a holiday will be entitled to receive holiday leave pay. Notwithstanding the provisions of Section 16-220, an employee on furlough will continue to earn annual leave at the employee's regular annual leave earning rate. The County Council shall approve or reject the Furlough Plan as submitted by the County Executive.