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Council defers voluntary early retirement incentive; administration to provide cost estimates
Summary
Council debated a voluntary early retirement incentive program (Ordinance 2-29-25) but withdrew motions to adopt it on first reading and placed it on second reading. The mayor noted the ordinance limits payouts to a maximum of $20,000 per eligible employee; council requested fiscal estimates and scheduled a special meeting to decide.
Council discussed Ordinance 2-29-25, a proposed voluntary early retirement incentive program intended to reduce payroll costs.
Councilor Wilkerson moved to pass the ordinance on first reading but later withdrew the motion after members sought additional information. The mayor said the program is essentially the same voluntary retirement incentive program used previously and described the mechanism generally, adding "please be mindful that in section 1 of the legislation ... the auditor, but not to exceed the maximum compensation payout of $20,000 for eligible employees." Council members asked the auditor and administration to supply estimates of how many employees might participate and what the aggregate cost would be.
After discussion, council voted to place Ordinance 2-29-25 on second reading and requested a special council meeting so staff can provide numbers before the council takes a final vote.
Ending: Council directed the auditor and human-resources staff to calculate potential costs and scheduled a special meeting (Wednesday at 5:30 p.m.) to review the details prior to final action.
