Set tax rate for pension fund at 0.14 percent

Labor & City WorkersBudget

In Plain English

Richmond property owners pay this special tax to fund city employee pensions and related bonds. The rate stays unchanged at 0.14 percent of assessed property value. If approved, the city expects to collect $25.7 million this year.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

5 to 0

Eduardo MartinezAye
Gayle McLaughlinAye
Doria RobinsonAye
Melvin WillisAye
Cesar ZepedaAye
Soheila BanaAbsent
Claudia JimenezAbsent