Set pension fund tax rate at 0.14% for fiscal year 2017-18
In Plain English
The city collects a separate tax to fund employee pensions. This sets the rate at 0.14% of assessed property value for the upcoming budget year. Property owners pay this tax alongside their regular property taxes to cover retirement benefits for city workers.
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Votes
Motion · Official minutes
Approve consent calendar
6 aye · 0 nay · 1 absent
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Tax Override Pension Fund tax rate ordinance
Ordinance (first reading) setting tax rate for Tax Override Pension Fund for Fiscal Year 2020-2021 at 0.14%
Tax Override Pension Fund Rate
Tax Override Pension Fund tax rate ordinance
Tax Override Pension Fund tax rate ordinance