County Government Considers Offering Retirement Incentive

bennet
Jason Bennett, Allegany County Finance Director. 

The move could help Allegany County with its budget deficit.

From the Cumberland Times-News:

In an effort to cut costs and stabilize the county workforce, Allegany County commissioners are considering offering retirement ready employees cash incentives to call it quits beginning Jan. 1.

“Now is probably the time to start looking to at least stabilizing our workforce, or reducing it ever so slightly by offering an incentive,” said Jason Bennett, county finance director. “This helps us out a little bit.”

Flat revenues left the county with a nearly $1 million deficit in the fiscal year 2018 budget, Bennett said Monday, forcing commissioners to fill the gap with money from the fund balance.

MACo’s county budget and salary surveys offer comparative information of Maryland county finances and workforce. MACo is currently assembling fiscal year 2018 surveys. Information from prior years is available on MACo’s website.

For more information about Allegany County’s program, see County may offer buyouts to dozens of employees from The Cumberland Times-News.