Bettendorf council voting on budget as 29 employees consider early retirement offer

An update tonight on the City of Bettendorf’s budget woes. 

In January, we told you the cities were projecting a $1.2 million dollar budget shortfall. 

Tonight, Bettendorf council members will vote on a $92 million budget that includes increases in garbage, sewer and stormwater fees -- and an almost 10 percent increase in health insurance costs for city employees. 

The city is proposing to keep the tax levy unchanged.  

The city has authorized an early retirement program that is projected to save the city almost three-quarters of a million dollars a year after an initial payout of $1.3 million dollars.

City of Bettendorf Human Resources Director Kathleen Richlen says 29 city employees are eligible for the early retirement package.  

All 29 have come in to ask questions about the package.  

Eligible employees must be over 60 years of age and have at least a decade of tenure with the City of Bettendorf as of April 27.  

The city expects to know by mid- to late March how many employees will be taking the early retirement package.  

That’s the end of a 45-day waiting period, offered to give employees a chance to change their minds about retiring now.  

Retirements would become effective April 27.

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