Set tax rate for pension fund override for 2008-2009
Resolution Ordinance No. 12-08 N.S.
In Plain English
The city must set an annual tax rate to collect extra property tax revenue for the pension fund. This override tax helps cover retirement benefits for city employees beyond what the regular budget provides. The specific tax rate amount will be determined at the meeting.
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The Story So Far
6 prior discussions on this topic
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