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Finance committee weighs bonuses, vac machine and truck as city plans capital accounting change
Summary
Georgetown’s Finance Committee discussed a potential one-time employee bonus possibly funded from $40,000 in recent waste-pad revenue, a quoted $142,000 vac machine and a $60,000 service truck versus $32,000 currently budgeted, and a treasurer-led move to create a Capital Projects fund on auditors’ advice.
Georgetown’s Finance Committee discussed budget priorities and capital needs on Jan. 12, including a proposed one-time employee bonus, major equipment requests for the Street & Alley department, and a recommendation from auditors to create a Capital Projects fund.
Mayor Darin Readnour proposed a one-time bonus for full-time staff in the office, Street & Alley, and water & sewer departments to help employees…
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