1. Doug Lozen advised the city’s required contribution increased slightly

Board of Trustees of the Fire and Police Pension · 2026-05-14 · agenda_item

This item concerns a slight increase in the city's required contribution to the Fire and Police Pension fund. The contribution rate is projected to rise from 30.28% to 30.73%. This is a planned financial adjustment for the pension fund. No construction or development is described in this item. The opportunity for local businesses lies in understanding and preparing for potential impacts on municipal budgets, which could indirectly affect future civic projects or service contracts. Early awareness of such financial shifts allows contractors, suppliers, and service providers to better position themselves for upcoming opportunities.

required contribution

30.28 %

required contribution

30.73 %