Set pension tax rate at 0.14% for fiscal year 2010-11

Labor & City WorkersBudget<UNKNOWN>Ordinance

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Resolution <UNKNOWN>

In Plain English

The city collects a separate property tax to help pay for employee pensions. This law sets the tax rate at 0.14% of assessed property value for the upcoming fiscal year. Property owners pay this tax in addition to regular property taxes.

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Votes

Approve consent calendar

Passed