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Scranton, Penn workers get full pay, at least this week
Source: Reuters
Scranton, Penn workers get full pay, at least this week
By Hilary Russ
Wed Jul 18, 2012 7:40pm EDT
(Reuters) - City workers in Scranton, Pennsylvania, whose pay was slashed to minimum wage when the city was low on cash, will get full pay this week, but how much they get in the future is as uncertain as the city's ability to fill its coffers.
In the latest twist of a fiscal saga that has grabbed attention around the world, Scranton officials said on Wednesday that the city was able to make its full payroll of $1.1 million. Checks to nearly 400 employees are due to go out on Friday.
Whether Scranton pays full or lower salaries will depend on how much revenue the city collects, Scranton's business administrator Ryan McGowan said.
"We're hoping the necessary revenue is coming in two weeks that will allow us to meet a payroll" and other obligations, he said in a telephone interview.
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By Hilary Russ
Wed Jul 18, 2012 7:40pm EDT
(Reuters) - City workers in Scranton, Pennsylvania, whose pay was slashed to minimum wage when the city was low on cash, will get full pay this week, but how much they get in the future is as uncertain as the city's ability to fill its coffers.
In the latest twist of a fiscal saga that has grabbed attention around the world, Scranton officials said on Wednesday that the city was able to make its full payroll of $1.1 million. Checks to nearly 400 employees are due to go out on Friday.
Whether Scranton pays full or lower salaries will depend on how much revenue the city collects, Scranton's business administrator Ryan McGowan said.
"We're hoping the necessary revenue is coming in two weeks that will allow us to meet a payroll" and other obligations, he said in a telephone interview.
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Read more: http://www.reuters.com/article/2012/07/18/us-usa-scranton-payroll-idUSBRE86H1OQ20120718
