Set tax rate for pension fund at 0.14 percent for 2024-2025

Labor & City WorkersBudget

In Plain English

The city maintains a separate tax to fund employee pensions. This sets the rate at 0.14 percent of your property's assessed value for the coming fiscal year. If approved, a home valued at $500,000 pays $70 annually toward city employee retirement benefits.

Auto-generated summary. Source: official agenda documents.