Burris
City Manager Greg Burris brought SGF City Council up to speed on the commitments made prior to the Police/Fire Pension Fund sales tax vote in September of last year.
Five are completed and two are in progress. The commitments in progress include: put 100 percent of the pension fund sales tax revenue into the pension fund and sell surplus properties to put money into the pension fund. Those already completed include: continue to contribute 35 percent of payroll into the fund, increase the amount Tier I employees pay into the fund, put all new hires into LAGERS, put all telecomm settlement money into the fund and restructure the pension board. The Council also pledged not to seek any new city sales taxes during the lifetime of the pension sales tax. – City Council Minutes 8/9/10
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