Townville
Townville, SC · Events
wgog.com
Seneca Approves Initial Budget Adjustment for City Administrator Severance Agreement
Seneca officials unanimously passed the initial reading of Ordinance 2026-24, expanding the fiscal year 2026–27 general fund revenue and expenditures by $193,170—drawn directly from municipal reserves—to accommodate payroll and benefit adjustments linked to City Administrator Scott Moulder’s $500,000 settlement package. This action follows a prior decision to advance Moulder’s contractual departure date from May 2029 to December 31, 2026, under an early retirement arrangement where the municipality will purchase credits through the South Carolina Public Employee Benefit Authority (PEBA) to grant him 28 years of service and disburse the remaining balance of the $500,000 as a severance payout in exchange for a liability release, pending final ordinance approval by the local governing body.
Heavy.com
shakinthesouthland.com
