{"id":7274,"date":"2016-01-04T02:44:50","date_gmt":"2016-01-04T07:44:50","guid":{"rendered":"https:\/\/www.shorebeat.com\/brick\/?p=7274"},"modified":"2016-01-04T02:44:50","modified_gmt":"2016-01-04T07:44:50","slug":"brick-sets-aside-1-8m-for-snow-removal-employee-retirement-payouts","status":"publish","type":"post","link":"https:\/\/shorebeat.com\/brick\/2016\/01\/brick-sets-aside-1-8m-for-snow-removal-employee-retirement-payouts\/","title":{"rendered":"Brick Sets Aside $1.8M For Snow Removal, Employee Retirement Payouts"},"content":{"rendered":"<div id=\"attachment_3985\" style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.shorebeat.com\/brick\/wp-content\/uploads\/2015\/03\/checkbook_township.png\" rel=\"attachment wp-att-3985\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3985\" class=\"size-thumbnail wp-image-3985\" src=\"https:\/\/www.shorebeat.com\/brick\/wp-content\/uploads\/2015\/03\/checkbook_township-240x160.png\" alt=\"Brick Municipal Building \/ Photo: Daniel Nee\" width=\"240\" height=\"160\" srcset=\"https:\/\/shorebeat.com\/brick\/wp-content\/uploads\/2015\/03\/checkbook_township-240x160.png 240w, https:\/\/shorebeat.com\/brick\/wp-content\/uploads\/2015\/03\/checkbook_township-290x195.png 290w\" sizes=\"auto, (max-width: 240px) 100vw, 240px\" \/><\/a><p id=\"caption-attachment-3985\" class=\"wp-caption-text\">Brick Municipal Building \/ Photo: Daniel Nee<\/p><\/div>\n<p>Brick is saving up for a snowy day \u2013 as well as a rainy day.<\/p>\n<p>At its Dec. 31 township council meeting, the governing body voted unanimously to set transfer $900,000 each to two trust funds \u2013 one which acts as a bank for snow emergencies and another that saves money due to employees upon retirement.<\/p>\n<p>&#8220;We had a situation back in 2010, we didn\u2019t have anything in the trust fund, and it was a trying time to come up with money to pay for it,&#8221; said Mayor John Ducey, referring to the Dec. 26, 2010 blizzard which crippled the township and cost taxpayers more than $1 million.<\/p>\n<p>The snow emergency account can also be used in a limited number of other circumstances, such as cleanup costs after a storm that does not necessarily include snow, but cannot be used for any other purpose.<\/p>\n<p>The remaining $900,000 is to be used toward payouts due to employees upon retirement for unused sick and vacation time.<\/p>\n<p>&#8220;We\u2019re trying to be financially responsible in Brick, because those payouts are happening no matter what,&#8221; said Ducey.<\/p>\n<p>During the 2015 budget year, the township owed a total of $7,229,561 in total employee &#8220;absence liability,&#8221; the state&#8217;s term for the payouts. That figure represents the total owed to all employees after their careers end \u2013 not those who retired in a single year.<\/p>\n<div class=\"fcbkbttn_buttons_block\" id=\"fcbkbttn_left\"><div class=\"fb-share-button fcbkbttn_large_button \" data-href=\"https:\/\/shorebeat.com\/brick\/2016\/01\/brick-sets-aside-1-8m-for-snow-removal-employee-retirement-payouts\/\" data-type=\"button_count\" data-size=\"large\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Brick is saving up for a snowy day \u2013 as well as a rainy day. At its Dec. 31 township council meeting, the governing body voted unanimously to set transfer $900,000 each to two trust funds \u2013 one which acts as a bank for snow emergencies and another that saves money due to employees upon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3985,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2],"tags":[1858,24,1859,1857],"class_list":["post-7274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-absence-liability","tag-brick-nj-news","tag-retirement-payout","tag-snow-emergency-fund"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/shorebeat.com\/brick\/wp-content\/uploads\/2015\/03\/checkbook_township.png","jetpack_shortlink":"https:\/\/wp.me\/pgt2Ft-1Tk","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/7274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/comments?post=7274"}],"version-history":[{"count":0,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/7274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/media\/3985"}],"wp:attachment":[{"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/media?parent=7274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/categories?post=7274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shorebeat.com\/brick\/wp-json\/wp\/v2\/tags?post=7274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}