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Waynesville council allocates excess sales tax revenue to higher one‑time bonuses for town employees
Summary
After receiving higher‑than‑expected sales tax receipts and investment interest, the council approved a budget amendment to provide a higher one‑time bonus ($1,500 max for full‑time) funded from excess sales tax and interest earnings.
The Town of Waynesville council approved a budget amendment Oct. 15 to use excess sales tax receipts and investment interest to raise the town’s one‑time employee bonus. Council members approved an amendment to provide an additional $1,000 (on top of the already budgeted $500 holiday bonus) for full‑time employees, bringing the total one‑time payout to $1,500 for eligible full‑time staff and $200 for part‑time employees.
Finance and human resources staff reported the town budgeted $4,680,000 in sales tax revenue…
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