Florence council discusses $5K stipends for town employees
by Mark Cowling | Florence Reminder & Blade Tribune
With a tight budget year looming, some Town Council members Monday favored giving employees a $5,000 stipend out of the old year’s budget instead of a raise.
The council didn’t vote, but council members expressing an opinion favored the stipend. A $5,000 stipend for each full-time employee will cost the town $994,250 when benefits are included. Town employees could also receive a 1.7% cost-of-living raise.
The council will hold a public hearing and adopt a final budget on June 21. The new budget year begins on July 1.