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Yo_Mama_Been_Loggin

(115,324 posts)
Thu Aug 29, 2024, 06:47 PM Aug 29

Everett council approves buyouts amid financial woes

EVERETT — The Everett City Council voted 7-0 on Wednesday to approve a buyout program for city employees in an attempt to address next year’s budget deficit.

The buyouts will reduce payroll costs by offering an incentive for city employees to quit their jobs. Officials said 141 employees are eligible for buyouts.

The buyout measure comes just weeks after voters rejected a property tax levy lid lift aimed at overcoming a projected $12.6 million budget deficit for 2025.

City officials said further cuts are necessary, calling Wednesday’s vote a first step while they consider other cost-saving options.

https://www.heraldnet.com/news/everett-council-approves-buyouts-amid-financial-woes/

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