Is this custom payday list correct?

Ok so the payday thing is not working for some reason but it shows no script errors it counts down to 1 then does not pay.

function onPlayerEntered(newPlayer)
	wait(0.5)
	local stats = Instance.new("IntValue")
	stats.Name = "leaderstats"
	local cash = Instance.new("IntValue")
	cash.Name = "Cash"
	cash.Value = 0
	cash.Parent = stats
	stats.Parent = newPlayer
end

game.Players.PlayerAdded:connect(onPlayerEntered)

time = 150

while true do
	wait(1)
	time = time - 1
	if (time == 0) then
		time = 180
		players = game.Players:GetChildren()
		for i=1, #players do
			if (players[i]:findFirstChild("leaderstats")) then
				if game.Players.LocalPlayer.TeamColor == game.Teams.Citizens.TeamColor then  -- Citizens
					players[i].leaderstats.Cash.Value = players[i].leaderstats.Cash.Value + 50 
				elseif game.Players.LocalPlayer.TeamColor == game.Teams["Department of Corrections"].TeamColor then -- Dep of Corr
					players[i].leaderstats.Cash.Value = players[i].leaderstats.Cash.Value + 150
				elseif game.Players.LocalPlayer.TeamColor == game.Teams["Norfolk City Fire & Rescue"].TeamColor then  -- Fire and Rescue
					players[i].leaderstats.Cash.Value = players[i].leaderstats.Cash.Value + 100
				elseif game.Players.LocalPlayer.TeamColor == game.Teams.Visitor.TeamColor then -- Visitor
					players[i].leaderstats.Cash.Value = players[i].leaderstats.Cash.Value + 75
				elseif game.Players.LocalPlayer.TeamColor == game.Teams["NCPD SWAT"].TeamColor then -- NCPD SWAT
					players[i].leaderstats.Cash.Value = players[i].leaderstats.Cash.Value + 250
				elseif game.Players.LocalPlayer.TeamColor == game.Teams["Norfolk City Police"].TeamColor then -- Norfolk City Police
					players[i].leaderstats.Cash.Value = players[i].leaderstats.Cash.Value + 125
					
				end
			end
		end
	end
	playersa = game.Players:GetChildren()
	for i=1, #playersa do
		playersa[i].PlayerGui.Norfolk_v1.Cash.TextLabel.Text = "Payday In: " .. tostring(time)
	end
end

I hope someone can help me out with this!

If this is in a ServerScript, then you do not have access to the property LocalPlayer. Additionally, if this is in a LocalScript given to every player, it will create a new leaderboard for everyone when someone joins.

Therefore there are a couple of improvements we can make. I would suggest using a server script as it is something that affects every player in the game (see Client-Server Model).

Now, every 150 seconds you'll need to give every player their pay dependant upon their team color. An easy way to do this is to use a dictionary to associate different pays with different team colors.

####Example:

local time = 150
local payout = {
	["Bright red"] = 50,
	["Bright green"] = 100,
	["Bright blue"] = 150,
	-- etc
}

game.Players.PlayerAdded:connect(function(player)
	local stats = Instance.new("IntValue", player)
	stats.Name = "leaderstats"

	local cash = Instance.new("IntValue", stats)
	cash.Name = "Cash"
	cash.Value = 0
end)

while wait(1) do
	time = time - 1
	if time  = 0 then
		for _, player in next, game.Players:GetPlayers() do
			player.leaderstats.Cash.Value = payout[player.TeamColor]
		end
		time = 180
	end
	for _, player in next, game.Players:GetPlayers() do
		player.PlayerGui.Norfolk_v1.Cash.TextLabel.Text = "Payday In: " .. tostring(time)
	end
end)