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Administration briefs committee on plan to use escrowed savings for 27th pay period in 2027
Summary
City finance staff told the Finance Committee the once-every-11-years extra biweekly payroll will fall in the 2026 budget year and the city has been saving in an escrow account since 2016 targeting about $2 million to cover the extra payroll; the presentation was informational only.
City finance officials told the Bethlehem City Council Finance Committee on Tuesday that an extra biweekly pay period — commonly called a 27th pay — is scheduled to occur in the 2026 budget cycle (pay date effectively on or around Jan. 1, 2027) and that the administration plans to fund it from an escrowed savings account set up for that purpose.
The item was informational only; the committee did not take a vote.
Business Administrator Eric Evans explained that because the city pays employees on a biweekly…
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