Set pension tax rate at 0.14% for fiscal year 2026-27

Pension Tax RateBudgetOrdinance

In Plain English

The city collects a special property tax to help pay for employee pensions. The current rate is being renewed for next year at 0.14% of assessed property value. If approved, a home valued at $500,000 pays $700 annually for this pension fund.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

7 to 0

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