Committee approves transfers, reallocates bond proceeds and funds retroactive fire pay; workers’ comp claims spike
The Finance Committee cleared various free-cash transfers and a $5.865 million bond-proceeds reallocation to cover capital projects, approved a roughly $800,000 transfer to cover retroactive fire contract raises and was told workers’ compensation medical claims are up about 16–17% this year.
The full story
On June 1 the Springfield City Finance Committee reviewed and approved several fiscal housekeeping items, including free-cash transfers to cover an EPA grant shortfall and retroactive pay for the Fire Department, and a reallocation of unspent bond proceeds to current capital projects.
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