ALLEN COUNTY, Ind. (Indiana's NewsCenter) --- Allen County Council decided Thursday how to use more than $4-million worth of rollover cash now available in calendar year 2012.
County employees will have something to cheer about in the money disbursement.
County government routinely has some money carry over from one year to the next, in some cases revenues exceed expectations, or not everything gets spent in specific line items.
This year, $4.7-million rolled over, and part of that amount will find its way into county workers' paychecks.
$1.65-million will be dedicated for the purpose of giving county employees a three percent bonus in 2012, which offsets an earlier three percent reduction in pay, as they now must pay more into their own retirement funds.
Another $1.1-million will be set aside for 2013, for a two percent bonus that year.
Council Member Paul Moss was the lone vote against the bonuses, saying the county needs to more carefully watch its money.
Paul Moss/(R) Allen County Council: " What we did was try to better align ourselves with the rest of the world, and I just felt that today we tried to reverse that, and that's why I was against it."
Larry Brown/(R) Allen Co. Council President: " The budget would not allow for a pay increase, but at least this...if you want to use the term, it keeps them whole. It means they don’t take a step backwards."
The rollover also means $1-million will be pumped back into the county's Rainy Day fund.
In the most recent budget process, $1-million was taken out of the Rainy Day fund because of a shortfall in revenue.
This move replenishes that, getting the total figure back up to $18-million.
That's significantly more than many local units of government have in the bank.
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