The continued financial recovery of the Redevelopment Authority of the City of Butler again allows for a modest employee raise.
According to Treasurer Brian McCafferty, the Authority’s balanced budget for 2022 is nearly $165,000 which represents an increase of about 4% more than last year’s budget.
This figure includes a 5% increase in pay for Operations Manager Veronica Walker. A situation of high debt several years ago resulted in multiple years of no cost of living wage increases for employees.
The Authority finished 2021 with total expenses slightly above the amount budgeted due to some unforeseen expenses with the Penn Theater. The Authority is still responsible for repaying a large amount of money borrowed to purchase the Penn Theater which remains vacant.
