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Onalaska council reserves $100,000 for one-time employee retention payments; staff to return with resolution in March
Summary
The council voted unanimously to reserve $100,000 for a one-time employee retention payment. Finance director said preliminary cost estimates are about $89,000 and funding will come from excess interest income and stronger permit revenue; staff will prepare a resolution for the March council meeting to authorize expenditure.
The Onalaska Common Council unanimously voted Feb. 11 to reserve $100,000 to fund a one-time employee retention payment, with staff instructed to draft a resolution for final approval at the March council meeting.
Why it matters: the one-time reserve is intended to improve employee morale and retention; the council emphasized the reservation is not an automatic ongoing commitment and that next month’s resolution will finalize eligibility, payment…
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