Set tax rate for pension fund at 0.14% for fiscal year 2019-20

Labor & City WorkersBudgetOrdinance

In Plain English

Richmond collects a special property tax to help pay for city employee pensions. The city council previously approved this 0.14% tax rate in a preliminary vote. This second reading makes the rate official for the 2019-20 budget year.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

7 to 0

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