City Council

14. 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 2024-2025\nRECOMMENDED THAT CITY COUNCIL:\n1. Adopt a Resolution Fixing the Rate of Taxes to Pay the Cost of the Public\nEmployees Retirement System for the Fiscal Year 2024-2025 and Levying Taxes\nfor Said Retirement System to the Fiscal Year Beginning July 1, 2024.