The Bettendorf City Council may offer early retirement incentives to a group of employees.
City Administrator Decker Ploehn says revenue has come in lower than forecast. It's down $1.2 million due to lower than expected sales tax revenue, gaming receipts, and real estate values. Nearly 30 employees will be eligible if Bettendorf aldermen decide to offer the early retirement program. Ploehn says they must be 60 or older with at least ten years working for the city.
If the city doesn't save enough money through the early retirement program, he says the council will have to decide whether to raise the tax levy or eliminate jobs.
