City of Lima examines new strategies to maintain financial stability
Lima city leaders are examining ways to maintain financial stability as federal and state governments consider funding cuts that could impact local budgets.
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To address potential financial strain, Smith has asked Lima City Council to approve a voluntary early retirement incentive program for eligible city employees. The proposal would apply to employees with at least 25 years of service. Smith says if all eligible staff choose to participate, the move could substantially reduce labor costs and improve operational efficiency.
