Sullivan Employees See Bonus Increase
December 17, 2014
Extra $25 added on
by Ariana Cherry
Arthur/Sullivan Reporter
A discussion was held at this month’s first city council meeting whether or not to increase the Christmas bonus for city of Sullivan employees.
Since about 1999, employees have been given $75. Health and safety commissioner Bill Hagen motioned that it be increased to $100, explaining that $75 doesn’t go quite as far today as it did in the 90’s. Public property manager Mike Kirk seconded the motion, and the council agreed to raise the Christmas bonus to $100.
A TIFF participation loan of $680,000 (including full project fees) was also approved for the Red Apple.
About $250,000 will be financed by First Mid Illinois Bank in an eight year balloon payment. Sullivan has received $700,000 in TIFF funds, but they must be used for TIFF purposes only. All funds must be used by 2022, or they will be returned to their original source.