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Quincy's Cash Flow Problem

By: Marise Estime
By: Marise Estime

Quincy city officials are forced to dip into their reserves to pay $1 million in bills, and to solve their cash flow problem they're making some drastic changes, aimed at saving thousands of dollars in the long run.

Quincy city employees are busy doing their daily task, a task that may involve more work when the city's budget plan goes into effect.

The city has been in a financial rut and is considering several options to save money.

Ann Sherman, Human Resource Director for the City of Quincy, says, "In addition to freezing the hiring we looked at things like what employee is taking home company vehicles, as you know your talking gas, maintenance on those vehicles."

The cost savings plan also includes elimination of all overtime with the exception of emergency situations. Suspend travels except for those with prior approvals And actively pursue delinquent utility accounts, which totals up to more than $143,000.

Despite this detailed plan, one of the city commissioners wants to hire a consultant to look into the city's finances, but that has raised more questions than answers.

Derrick Elias, Quincy City Commissioner, says, "We were not sure about the scope the consultant would perform, likewise the duration the consultant would be here in providing consultant services."

So in the meantime, those services will be in the hands of employees as they try to put the city back on financial track.

City officials estimate the cost savings plan will save the city a half-million dollars. They also hope to cash in on permit fees from new construction, totaling about $980,000.


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