Set tax rate for pension fund at 0.14% for 2018-19

Labor & City WorkersBudgetOrdinance

In Plain English

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

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember MyrickSeconded by: Councilmember Martinez
Passed

7 to 0

Thomas K. ButtAye
Jovanka BecklesAye
Ben ChoiAye
Eduardo MartinezAye
Jael MyrickAye
Ada RecinosAye
Melvin WillisAye

Community Discussion

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

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