Set 0.14% tax rate for pension fund override for fiscal year 2022

Labor & City WorkersBudgetFinance DepartmentOrdinance

In Plain English

The city collects a separate tax beyond regular property taxes to help fund employee pensions. This ordinance sets that additional tax rate at 0.14% for the upcoming fiscal year. Property owners pay this override tax on top of their standard property tax bill.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

7 to 0

NBTBDICJEMGMMW

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

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