Huntington Park

City Council

August 15, 2023 Item #3

Agenda Item 3

3. CONSIDERATION AND APPROVAL OF A RESOLUTION FIXING THE ANNUAL\nPENSION TAX RATE TO PAY THE CITY’S PENSION OBLIGATION BOND\nANNUAL DEBT SERVICE AND A PORTION OF THE COST OF THE PUBLIC\nEMPLOYEES’ RETIREMENT SYSTEM FOR FISCAL YEAR 2023-2024\nRECOMMENDED THAT CITY COUNCIL:\n1. Adopt Resolution fixing the Rate of Taxes to Pay the Cost of the Public Employees\nRetirement System for the Fiscal Year 2023-2024 and Levying Taxes for Said\nRetirement System to the Fiscal Year Beginning July 1, 2023.