CITY'S FINANCES IMPROVING: BONUS BEING CONSIDERED FOR EMPLOYEES PDF Print
Tuesday, 23 July 2013 06:59

Although not yet audited, the City of Glasgow budget for this fiscal year is facing much better projections than expected just a month ago.  Due to economic growth and job creation, the city is expecting an increase of almost $800,000 in revenue than was budgeted just a few weeks ago.  Glasgow Mayor, Rhonda Trautman, tells WCLU News:

 

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Also, Trautman tells WCLU, expenses are projected to be much less than expected due to current city employees compensating for retired employees and positions that have not been filled.

 

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Given the new projections, which are, again, not audited, Councilman Wendell Honeycutt made the motion to give a $1,000 bonus, across the board, to full-time employees of the city who were on the job the entirety of the last fiscal year.  That motion was amended to a $500 bonus, instead of $1,000, and past by a voice vote with two no votes coming from Dick Doty and Joe Trigg.  Trigg feels it may be a little too soon to start spending this new-found money.

 

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The projected amount of the bonus would be approximately $100,000 if this budget adjustment were passed on second reading.

 

Mayor Trautman believes this would be a good reward for city employees.

 

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In other agenda items, the Glasgow City Council voted to move forward with the purchase of the property on Perkins Road that is now at risk by FAA regulations, given the recent expansion of the Glasgow Municipal Airport.  The city will purchase the property at a cost of $150,000.  The City Council will meet tomorrow at 8:00 am for a final vote on the matter.

 

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