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7 results for “pension funding” · other

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

    Oakland, CA
    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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Board Meeting Materials - Pittsburgh, PA

Pittsburgh, PA
Other

This document is a webpage listing board meeting materials and information for the City of Pittsburgh's Comprehensive Municipal Pension Trust Fund (CMPTF). It provides access to meeting agendas, public notices, pension payment processing documents, and scheduled board meeting dates for 2026 (February 5, May 7, September 3, and December 3), which are held at 1pm in the Mayor's Conference Room. The page serves as a public transparency resource containing various pension-related reports, disclosure forms, and notices for the municipal pension fund.

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pension fundboard meetingsmunicipal financepublic noticesfinancial transparency
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  • Finance | Newark, NJ

    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 billingbudget managementrevenue collectionpension administrationfinancial reporting
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  • City of Worcester Financial Overview Timothy J. McGourthy

    Worcester, MA
    Other

    This financial overview document presents Worcester's fiscal structure and priorities as delivered by Chief Financial Officer Timothy J. McGourthy. The city operates under significant state-mandated constraints, with approximately $920 million in FY25 budget revenue derived from limited sources (state aid, property taxes, local fees), while discretionary municipal operations comprise only 22% of total spending due to mandatory obligations in education, debt service, and pension costs. Worcester maintains a Financial Integrity Plan established since 2006 that includes a general fund reserve of 10.7% for FY25, an irrevocable OPEB trust, and a net free cash policy directing funds toward bond rating stabilization, OPEB obligations, and operations, with an average residential tax bill of $5,266 funding services ranging from K-12 education and public safety to libraries and public health services.

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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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    budgettax increasepolice hiringinfrastructureaffordable housing
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  • Bethlehem-pa

    Bethlehem, PA
    Other

    Article 151 of the City of Bethlehem's ordinances establishes and governs the Firemen's Pension Fund, created under authority of the Third Class City Code. The fund charges paid Fire Department members 7% of their pay, plus an additional 1% to cover benefits for surviving spouses and children under age 18 of retired, killed, or deceased members. The City must annually appropriate to the fund no less than one-half of one percent of all City taxes levied (excluding debt service taxes), beginning in 1949 and continuing thereafter. The fund is invested and merged with joint funds under Article 156 of the City's ordinances, with annual appropriations made in accordance with Pennsylvania's Act 205 of 1984 (Municipal Pension Plan Funding Standard and Recovery Act). Membership in the fund is voluntary for all paid firemen employed in the Bureau of Fire.

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  • ARTICLE 156 CITY OF BETHLEHEM PENSION FUND 156.01 Establishment.

    Bethlehem, PA
    Other
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