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AGENDA TO THE REGULAR ADVISORY COMMITTEE MEETING Tuesday, June 10, 2025
Jun 10, 2025
·Jacksonville, FL
Agenda
This agenda document outlines a regular Advisory Committee meeting for the City of Jacksonville Police and Fire Pension Fund scheduled for Tuesday, June 10, 2025, at 9:00 A.M. at 1 West Adams Street, Jacksonville, Florida. The meeting will be held via Zoom with specific login credentials provided, and the committee includes nine members led by Chair James Holderfield, along with fund staff including Executive Director Timothy H. Johnson. The document includes standard administrative information such as accessibility accommodations, public records contact details, and notification that the next meeting is scheduled for September 9, 2025.
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police pension fund fire pension fund advisory committee
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regular meeting agenda may 20 2025 redacted

May 20, 2025

Agenda

The City of Tampa General Employees' Retirement Fund Board of Trustees held a regular meeting on May 20, 2025, to address actuarial matters, investment performance, and administrative items including disability re-exam audits and retirement applications. The agenda included a first quarter 2025 investment report from Asset Consulting Group and approval of monthly and quarterly invoices totaling approximately $614,988.31 across various fund managers and service providers. The meeting also covered routine consent items such as longevity retirements, deferred retirements, DROP applications, survivor allowances, and estate payments.

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pension administration investment performance retirement benefits employee benefits fund management

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REGULAR MEETING AGENDA TUESDAY – APRIL 15, 2025

Apr 15, 2025

Agenda

The Board of Trustees of the General Employees' Retirement Fund held a regular meeting on April 15, 2025, at the City of Tampa's Hanna City Center to review pension fund operations and investment performance. The agenda included presentations from three investment managers (Marathon International, Redwheel Emerging Markets, and WCM Focused Growth International), a market and performance review as of March 31, 2025 with liquidity recommendations from consultant Elizabeth Bowen, and administrative matters including retirement applications, disability procedures, and monthly invoices including a $42,500 payment to Asset Consulting Group.

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reg meeting agenda jan 21 2025

Jan 21, 2025

Agenda

The City of Tampa General Employees' Retirement Fund Board of Trustees held a regular meeting agenda scheduled for Tuesday, January 21, 2025 at 1:30 P.M. The meeting included investment consultant reports on market performance and portfolio review as of December 31, 2024, a legal report, and administrative matters including retirement applications and approvals of quarterly invoices totaling approximately $476,575 from various investment managers and consultants (ACG, Dodge & Cox, Leeward, Loomis, and Wellington). The agenda also encompassed approval of minutes from the November 19, 2024 meeting, public comments, and administrative consent items including longevity retirement, deferred retirement, and DROP (Deferred Retirement Option Plan) applications.

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employee retirement investment management fund administration pension applications

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2024-0397: Ordinance amending the Pittsburgh Code, Title One: Administrative: Fiscal, Article XI: Human Resources, Chapter 192: Pensions, Section 192.27 - Death Benefits, by allowing the Municipal Pension Fund to approve adjustments to the table of survivor benefit conversion rates as mortality rates change.

Apr 19, 2024

·Pittsburgh, PA

Proposal

The City of York Pennsylvania REQUEST FOR PROPOSAL (RFP) RFP 2024-001

Apr 4, 2024

Other

The City of York, Pennsylvania issued RFP 2024-001 on April 3, 2024, soliciting proposals from qualified firms to provide investment management advisory services, asset custody, performance reporting, and retiree payment administration for three city pension plans: Police, Officers and Employees, and Paid Firefighters. Proposals must be submitted electronically by April 22, 2024, at 4:00 p.m. to the designated procurement portal. The RFP includes actuarial valuations and investment policy documentation to guide vendor submissions and evaluation criteria.

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pension management investment services procurement financial administration

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ANNUAL COMPREHENSIVE FINANCIAL REPORT YEAR ENDED JUNE 30, 2023

Jun 30, 2023

Budget

This Annual Comprehensive Financial Report for the City of West Columbia, South Carolina covers the fiscal year ended June 30, 2023, and includes government-wide and fund financial statements prepared by the Finance Department under City Administrator Brian E. Carter and City Treasurer Justin R. Black. The report contains audited financial statements, management's discussion and analysis, required supplementary information on pension and OPEB liabilities, and detailed supplementary schedules for governmental and proprietary funds including the General Fund, Hospitality Tax Fund, and Water and Sewer operations.

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2021-1986: Ordinance amending the City Code at Title One: Administrative, Article XI: Human Resources, Chapter 192: Pensions, Section 192.01: Definitions, Section 192.20: Municipal Benefit Plan No. 2, Section 192.21: Establishment of Municipal Benefit Plan No. 2, Section 192.22: Membership, Section 192.23: Contributions by Members, Section 192.24: Contributions by the City, Section 192.26: Pension Allowance, and Section 192.27: Death Benefits, and adding a Section 192.22A: Membership in Municipal Benefit Plan No. 3, in order to remove the Social Security Offset for certain non-union members and to fund the removal of the offset. (Public Hearing held 11/18/21)

Oct 4, 2021

·Pittsburgh, PA

Proposal

2021-1943: Ordinance supplementing the Pittsburgh Code at Title One: Administrative, Article XI: Human Resources, Chapter 192: Pensions, by adding Subsection 192.02 (3), so as to add language to allow for elimination of the social security offset for municipal employees. (Public Hearing held 11/18/21)

Sep 24, 2021

·Pittsburgh, PA

Proposal

2021-1531: Resolution authorizing and directing the Director of Finance, acting as the Chief Administrative Officer of the employee’s municipal pension plan, to perform an actuarial analysis in accordance with Act 205, 53 Pa.C.S. 895:305(a)(b) and Ordinance Pension Act of 1975, Section 8. Pension Allowance, Paragraph 4 (i), to determine the cost of eliminating the “Social Security Off-Set” for all active non-union employee members of the Municipal Pension Fund hired after June 30, 2004.

May 24, 2021

·Pittsburgh, PA

Proposal

AGENDA MONTGOMERY TOWNSHIP BOARD OF SUPERVISORS SEPTEMBER 9, 2019

Sep 9, 2019

Agenda

On September 9, 2019, the Montgomery Township Board of Supervisors held an action meeting to address routine administrative and planning matters. Key agenda items included approval of the 2020 budget workshop meetings, certification of pension fund obligations for police and non-uniformed employees, consideration of a subdivision plan for property on Bethlehem Pike, and authorization to award a contract for Phase 7 of the Ash Tree Forestry Management Program in coordination with the North Penn School District. The board also addressed an escrow release, payment of bills, and acknowledged a donation from Breakthru Beverage for the Police Department K-9 Unit.

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budget planning pension fund subdivision forestry management police department

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City of Dearborn Public Hearing 2025–2026 Budget List of Documents Page(s) A.

Budget

The City of Dearborn held a public hearing on its proposed 2025–2026 budget as of May 1, 2025, presenting a balanced General Fund budget expected to contribute $230,689 to the fund balance reserve. The budget faces financial challenges including revenue growth falling short of expenditure inflation, state taxation limitations, and rising retirement and debt service obligations, with personnel and non-discretionary spending comprising 79% of general fund uses. Revenue is projected to increase $3.6 million (2.5%), primarily from property tax gains of $1.7 million and increased charges for services of $1.1 million, while expenditures increase $3.6 million (2.4%), largely due to $5.7 million in additional wages and benefits; budget priorities allocate 70% of subsidies to Public Safety, followed by Administrative (11%), Public Works & Facilities (9%), Parks & Recreation (8%), and Economic Development (2%).

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budget public safety pension obligations property tax revenue growth

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Oakland, CA Code of Ordinances -,) THE CHARTER OF THE CITY OF OAKLAND

Other

This document is Oakland, California's City Charter, adopted by voters on November 5, 1968, ratified by the California Secretary of State, and effective January 28, 1969, with amendments through November 2014. The charter establishes the fundamental law governing municipal operations and is organized into twelve main articles covering powers and form of government, the City Council, the Mayor, city officers, the City Manager, administrative organization, the Port of Oakland, fiscal administration, personnel administration, franchises and licenses, elections, and general provisions. The charter also includes appendices addressing specialized funds and systems including the KIDS FIRST! Oakland Children's Fund, Police Relief and Pension Fund, Firemen's Relief and Pension Fund, Oakland Municipal Employees' Retirement System, Police and Fire Retirement System, and off-street vehicular parking regulations. The charter grants Oakland perpetual corporate succession and continuity of existing lawful ordinances, resolutions, and regulations not in conflict with its provisions.

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Budget Administration

Other

The Budget Administration program guides departments in creating the City's annual budget, manages budget transfers and ordinance-based changes throughout the year, and oversees administration of the City's finances including pensions, borrowing, and debt structuring. The program ensures departments and the public receive timely and accurate financial information. Contact information is provided for pension questions, budget questions, and NIZ reporting, all accessible through phone (610) 437-7500 or designated email addresses.

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2021 Annual Comprehensive Financial Report

Budget

The Pennsylvania Municipal Retirement System's 2021 Annual Comprehensive Financial Report documents the fiduciary net position, investment performance, and financial activities of the pension system for fiscal years 2021 and 2020. The report includes financial statements, independent auditor's report, management's discussion and analysis, investment summaries showing portfolio distribution and rates of return, and actuarial information covering plan provisions and pension contributions. The document serves as the official accounting of the system's assets, liabilities, and administrative and investment expenses under the leadership of Chairman Barry L. Sherman and CEO Timothy A. Reese.

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pension system financial report investment performance municipal retirement

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Annual Comprehensive Financial Report Building the Phoenix of Tomorrow

Budget

This is the Seventy-Eighth Annual Comprehensive Financial Report for the City of Phoenix Employees' Retirement System, a component unit of the City of Phoenix, Arizona, covering fiscal years ended June 30, 2024 and 2023. The report presents financial statements, actuarial data, investment performance, and administrative information for the retirement system. The document includes an independent auditor's report, management's discussion and analysis, statements of fiduciary net position and changes in fiduciary net position, and schedules addressing net pension liability, employer contributions, investment returns, administrative expenses, and benefit provisions. The system received a Certificate of Achievement for Excellence in Financial Reporting and a Public Pension Standards Award for Funding and Administration.

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pension funding financial reporting investment performance retirement system actuarial analysis

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Finance | Newark, NJ

Other

The Newark Department of Finance oversees all fiscal operations and asset management for the city, including employee and vendor payments, revenue collection, tax billing, and financial reporting, under the leadership of the Director of Finance/Chief Financial Officer. The department comprises several divisions: the Director's Office maintains custody of city assets including cash, investments, and capital authorizations; the Employee's Retirement Systems manages pension enrollment and retiree payments; the Office of Tax Abatement and Special Taxes collects and enforces revenue from payroll taxes, parking, hotel occupancy, and business licenses and permits; Assessments determines real property and personal property taxability and maintains tax maps; Accounts and Control records financial transactions across all city funds; and Revenue Collections handles property tax billing and citywide revenue collection and reporting.

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tax billing budget management revenue collection pension administration financial reporting

2021 Annual Comprehensive Financial Report

Budget

The Pennsylvania Municipal Retirement System's 2021 Annual Comprehensive Financial Report presents a complete overview of the pension system's financial performance for fiscal years 2020 and 2021, covering financial statements, investment activity, actuarial analysis, and administrative operations. The report includes an independent auditor's assessment, management discussion and analysis, detailed financial statements showing fiduciary net position and changes, and supplementary schedules documenting administrative expenses, investment expenses, and pension contributions. The document also outlines the system's investment guidelines, asset allocation strategy, and portfolio performance for the reporting period.

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pension system financial report investment performance municipal retirement actuarial analysis

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Finance Detail 2024

Budget

The City of Allentown's 2024 Finance Department budget details spending across two divisions: Revenue & Audit and Finance & Budget Administration. The Revenue & Audit division has a 2024 final budget of $1,687,880, with major allocations including $761,300 for permanent wages, $372,246 for employee group insurance, $146,930 for PMRS pension contributions, and $275,000 for overpaid property tax refunds. The Finance & Budget Administration division's 2024 budget begins at $525,143 for permanent wages and introduces $17,500 in temporary wages, representing a $85,797 increase in permanent wages from the 2023 budget of $439,346. Notable 2024 changes include increased printing costs from $600 to $1,200 for managed print services and a $75,000 reduction in refund allocations compared to 2023.

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budget finance department employee wages pension contributions property tax refunds

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Worcester County, Maryland Comprehensive Annual Financial Report

Budget

This is the table of contents and introductory pages of Worcester County, Maryland's Comprehensive Annual Financial Report for the fiscal year ended June 30, 2020. The document contains the county's audited financial statements prepared by County officials including Chief Administrative Officer Harold L. Higgins, CPA, along with standard sections covering government-wide financial statements, fund financial statements, notes to financial statements, and supplementary information on pension liabilities and OPEB obligations. The report demonstrates the county's compliance with financial reporting standards and includes detailed breakdowns of revenues, expenditures, and fund balances across governmental and business-type activities.

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budget financial statements pension liabilities revenue expenditure

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COMPLIANCE AUDIT ____________ Wilkes-Barre Township Police Pension Plan

Wilkes-Barre, PA

Budget

A compliance audit of the Wilkes-Barre Township Police Pension Plan was conducted for the period January 1, 2018 to December 31, 2021, pursuant to the Municipal Pension Plan Funding Standard and Recovery Act. The audit, completed in August 2022, evaluated whether the pension plan was administered in compliance with applicable state laws, regulations, contracts, administrative procedures, and local ordinances. The audit methodology included verification of state aid deposits, examination of employer and employee contributions, and confirmation that annual financial requirements and minimum municipal obligations were properly calculated and deposited.

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police pension pension compliance municipal budget employee contributions

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CITY OF HARRISBURG, PENNSYLVANIA COMPREHENSIVE ANNUAL FINANCIAL REPORT

Budget

This is the Comprehensive Annual Financial Report for the City of Harrisburg, Pennsylvania for the fiscal year ended December 31, 2021, prepared by the Department of Administration under Mayor Wanda R.D. Williams. The document contains the city's complete financial statements, including statements of net position, activities, cash flows, and fiduciary accounts, along with notes, budgetary comparisons, and pension and OPEB liability information. The report was compiled by the Finance Director and accounting staff and includes an independent auditor's report and management's discussion and analysis of the city's financial condition.

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budget financial reporting pension liability cash flow municipal finance

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CITY OF JERSEY CITY

Jersey City, NJ

Other

Mayor Steven M. Fulop introduced Jersey City's FY 2026 budget on April 18, 2025, proposing zero municipal tax rate increase for residents while maintaining full city services—marking the ninth of eleven budgets under his administration with tax increases of 2% or less. The budget includes $66 million in debt service paydown, $6 million for union contract settlements, new police and firefighter hires, full pension fund funding with cost-of-living adjustments, and investments in affordable housing and infrastructure, while managing challenges including rising insurance premiums and reduced federal and state grant funding. The municipal portion of average property tax bills has decreased to 35% from 48% over two years, with $1.6 billion in new ratables added to the tax rolls through economic development efforts.

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budget tax increase police hiring infrastructure affordable housing

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1 CODIFIED ORDINANCES OF YORK PART ONE - ADMINISTRATIVE CODE

Other

This document is the table of contents and introductory section of the Codified Ordinances of York, Pennsylvania, Part One - Administrative Code, which consolidates and codifies the city's general and permanent ordinances as of 1977. The ordinances are organized into nine titles covering general provisions, legislative procedures, administrative offices and departments (including mayor, city clerk, police, fire, public works, and community development), employment and pension provisions, and authorities and boards. The document establishes the legal framework for York's municipal governance and administration.

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municipal governance city administration administrative code ordinance enforcement

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City Ordinance 2018

Oklahoma City, OK

Proposal

The City of Antlers, Oklahoma ordinance establishes the city as a perpetual municipal corporation under the Statutory Council-Manager form of government, succeeding to all property, rights, and obligations previously held by the Town of Antlers. The ordinance grants the city powers including the ability to adopt a corporate seal, sue and be sued, make contracts, issue bonds, accept Federal and State grants, and enact local legislation consistent with Oklahoma State Constitution and Laws. Chapter 1 addresses administration and management through eight articles covering incorporation, municipal government, personnel, departments, finance, firemen pensions, social security for municipal officers and employees, and miscellaneous provisions, with all ordinances subject to compliance with State law.

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municipal incorporation city administration government structure finance and bonds personnel management

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Pension Board 917B E. Fifth Ave. Knoxville, TN 37917

Agenda

The Knoxville Pension Board held a regular meeting on April 13, 2023, to review routine pension administrative matters including approval of audit contracts with Pugh P.C. and processing of member enrollments and withdrawals. The board processed multiple pension applications across various plans, including Rule of 80 retirement, normal retirement, deferred retirement, and injury in line of duty claims, with approved pension payments ranging from $1,044.93 to $4,778.10 monthly. The meeting also included discussion of an executive director update regarding an office move to Tennova and board seat changes.

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Comprehensive Annual Financial Report

Baton Rouge, LA

Budget

This Comprehensive Annual Financial Report documents the financial condition of the Employees' Retirement System of the City of Baton Rouge and Parish of East Baton Rouge for the fiscal year ended December 31, 2016. The system is administered by Jeffrey R. Yates and operates as a component unit of the consolidated government, maintaining offices at 209 St. Ferdinand Street in Baton Rouge. The report includes audited financial statements covering fiduciary net position and changes in fiduciary net position, supplemented by schedules detailing net pension liabilities, employer contributions, and investment returns for both the CPERS Trust and Police Guarantee Trust. Supporting materials include administrative and investment expense schedules, investment policies, asset allocation information, and actuarial certification documentation.

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2024 Budget Statement Jeff Cusat Hazleton Mayor

Budget

Hazleton Mayor Jeff Cusat presented the 2024 proposed operating budget totaling $25,025,850 across six funds, following the city's successful exit from ACT 47 financial oversight in 2023. The budget proposes a 1.15 million dollar increase in real estate taxes to address three major obligations, while simultaneously recommending a 50% reduction in ACT 205 EIT taxes, with the administration projecting that most city workers will see a net tax reduction overall. The General Fund, the city's main operating fund, comprises $15,943,945 of the total budget, with additional allocations for pensions, recreation, airport operations, debt service, and liquid fuels.

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budget tax increase municipal operations

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