Hire actuarial firm to analyze pension tax revenues for bond refinancing
In Plain English
The city plans to refinance $50 million in pension bonds from 2005 to save money on interest costs. Before selling new bonds, investors need to know how much can be paid from special pension tax revenues versus general funds. Bartel Associates previously calculated this breakdown in 2005 and remains the only firm experienced in this specialized analysis.
Auto-generated summary. Source: official agenda documents.
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