The Branson Board of Aldermen have given the Green Light to a plan to help the City's Employees Financially.
Jason Wert of the Branson Tri-Lakes reports that the Board followed up on a recommendation from the city’s finance committee, giving all city staff significant financial increases in the form of cost-of-living stipends.
The stipends, which total just over $1,176,400, were taken from funds given to the city by the federal government as part of the American Rescue Plan Act (ARPA.) The funds given to the city are provided over the course of two years. A small portion of the funds, around $3,000 per year, would need to come from the city’s general funds to cover the entire salary stipends.
The stipend recommendation from the finance committee was one of three options outlined at the Oct. 28 joint meeting of the Board and Finance Committee.
Full details on the story can be read on the Branson Tri-Lakes News Website.
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