Browse City of Mount Dora civic records
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1,852 records
C. Quarterly Reports, Updates; John Thinnes
June 12, 2026 Police Officers' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
D. Actuarial cost method used to calculate the LDROM: Individual Entry-Age Actuarial Cost Method
June 12, 2026 Firefighters' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
D. Actuarial cost method used to calculate the LDROM: Individual Entry-Age Actuarial Cost Method
June 12, 2026 Police Officers' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
D. Estimated Deferred Outflow of Resources due to Benefits Paid After the Measurement Date
The City of Mount Dora is reviewing its Other Post-Employment Benefits (OPEB) for fiscal year ending September 30, 2025. This review involves actuarial assumptions and methods related to retiree healthcare and life insurance benefits. The process includes analyzing discount rates, mortality tables, disability and termination rates, salary increases, and retirement rates. It also covers health coverage acceptance and lapse rates, as well as healthcare cost trend rates. This actuarial valuation is a planned step to understand the city's future financial obligations for its employees' benefits. The work involves detailed financial analysis and reporting, which may lead to future adjustments in benefit funding or administration. Businesses specializing in actuarial services, financial consulting, and benefits administration could find opportunities to support the city in this ongoing review and planning process. Engaging early allows for understanding the city's needs before final plans and budgets are set.
- Board:
- June 12, 2026 General Employees' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
- Address:
- One East Broward Blvd. Suite 5054/8/2026 Ft. Lauderdale, Florida 33301-1804
D. Legal Reports & Updates; David Robinson, Sugarman & Susskin
June 12, 2026 Police Officers' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
D. Legal Reports & Updates; David Robinson, Sugarman, Susskind P.A.
June 12, 2026 Police Officers' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
D. Type of Plan
June 12, 2026 Firefighters' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
D. Type of Plan
June 12, 2026 Police Officers' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
E. Eligibility Requirements
June 12, 2026 Firefighters' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
E. Eligibility Requirements
June 12, 2026 Police Officers' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
E. Valuation procedures to value any significant plan provisions that are difficult to measure using
June 12, 2026 Firefighters' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
E. Valuation procedures to value any significant plan provisions that are difficult to measure using
June 12, 2026 Police Officers' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
F. Commentary to help the intended user understand the significance of the LDROM with respect to the
The City of Mount Dora Firefighters' Pension and Retirement Fund is reviewing its actuarial valuation as of October 1, 2025. This review includes commentary on the Long-Term Discount Rate Obligation (LDROM), which is a market-based measure of pension obligations. The fund is also considering how Chapter 175 revenue will be used as an offset to required contributions, based on a recent collective bargaining agreement. This item is currently under review by the Firefighters' Pension & Retirement board. While no construction is described, this review could lead to future financial planning and contribution adjustments. Local businesses in financial services, accounting, and legal services may find opportunities to support the fund's ongoing management and future planning.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
F. Commentary to help the intended user understand the significance of the LDROM with respect to the
The City of Mount Dora Police Officers' Pension and Retirement Fund is undergoing an actuarial valuation as of October 1, 2025. This process includes a market-based measurement of the pension obligation, known as the LDROM, which estimates the investment needed in low-risk securities to ensure benefit payments. The city may use the full amount of Chapter 185 revenue as an offset to required contributions, based on a recent agreement. This item is currently under review as part of the fund's annual valuation process. The work involves actuarial analysis and financial assessment, with potential implications for future contribution requirements and the security of participant benefits. Local businesses in financial consulting, accounting, and legal services may find opportunities related to the ongoing management and assessment of the pension fund.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
F. Credited Service
June 12, 2026 Firefighters' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
F. Credited Service
This item concerns the calculation of credited service for police officers in the City of Mount Dora's pension and retirement plan. Credited service is defined as the total years and parts of years an officer has worked for the city and made member contributions. This includes paid leave time but excludes unpaid leaves and periods where contributions were refunded. The plan is currently under review for how credited service is measured. This review could lead to adjustments in how service years are calculated for retirement benefits. Local businesses involved in financial planning, accounting, and legal services may find opportunities related to the administration and interpretation of these pension plan rules.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
F. Credited ServiceService is measured as the total number of years and completed months with the City as an employee. No service is credited for any periods of employment for which the member received a refund of their contributions.G. Compensation/EarningsGross wages, including tax deferred items of income, for services rendered to the City, less payments for unused leave for service earned on or after March 6, 2012 and overtime in excess of 300 hours per year. The lesser of the amount of unused leave prior to March 6, 2012 and the amount as of retirement may be included in pensionable compensation upon retirement.H. Average Monthly Earnings (AME)The average of Compensation over the highest 5 years during the last 10 years of Credited Service immediately preceding retirement or termination of employment; includes the lump sum payment of accrued sick and vacation time.I. Normal RetirementEligibility: A member may retire on the first day of the month coincident with or next following age 60 and 7 years of Credited Service; or age 60 regardless of Credited Service for those hired on or before May 20, 1997. Benefit: a. While not a Contributing Member,1. If under the Prior Contract, 1.4% of Average Monthly Earnings times Credited Service after November 1, 1977, or2. If not under the Prior Contract, 1.4% of Average Monthly Earnings timesCredited Service after October 1, 1979. b. If a Contributing Member when first eligible, or if later but only while a Contributing Member, 3.0% of Average Monthly Earnings times Years ofCredited Service after October 1, 1980.c. Final benefit is limited to 100% of average Monthly Earnings.Normal Form of Benefit: Life Annuity; other options are also available.COLA: None
This item concerns the City of Mount Dora's General Employees' Pension & Retirement system, specifically its October 1, 2025 Annual Actuarial Valuation. The valuation details how credited service, compensation, and average monthly earnings are calculated for retirement benefits. It outlines eligibility and benefit formulas for normal retirement, including different rates for contributing and non-contributing members and a cap on the final benefit. There are no COLA (Cost of Living Adjustment) benefits. This is a review of existing pension rules and calculations. No new construction or development is described, meaning there is no direct project work for contractors or suppliers at this time. The opportunity lies in understanding the financial and administrative framework of the city's employee retirement system.
- Board:
- June 12, 2026 General Employees' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
G. Compensation
June 12, 2026 Firefighters' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
G. Compensation
This item concerns the calculation of pensionable compensation for police officers in the City of Mount Dora. Specifically, it addresses how payments for unused leave earned before and after March 6, 2012, are handled. It also sets a limit of 300 hours per year for overtime that counts towards pensionable compensation, effective March 6, 2012. This is a policy review and clarification, not a construction project. Therefore, there are no direct construction or trade opportunities at this time. Businesses that provide legal services or consulting related to public employee pensions and retirement plans may find this information relevant for advisory purposes.
- Board:
- June 12, 2026 Police Officers' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
H. Average Final Compensation (AFC)
June 12, 2026 Firefighters' Pension & Retirement listed this item on its agenda for 2026-06-12 in City of Mount Dora. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.
- Board:
- June 12, 2026 Firefighters' Pension & Retirement
- Date:
- 2026-06-12
- Type:
- Agenda_item
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