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City Council Approves Key Ordinance Amid Inflation Concerns

August 26, 2024 | City Council Meetings, Edmond, Oklahoma County, Oklahoma


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City Council Approves Key Ordinance Amid Inflation Concerns
In a recent government meeting, the board discussed a significant ordinance aimed at addressing the impact of inflation on citizens and retirees. The decision to recommend the change was not unanimous, with two dissenting votes and one abstention, while ten members supported the motion.

Treasurer Charlie Burgett highlighted the critical inflationary effects over the past decade, noting that inflation has reduced the purchasing power of a dollar to just 70 cents compared to ten years ago. This situation has raised concerns not only for retirees but for all citizens struggling to make ends meet.

The proposed ordinance is set to take effect on October 1, with the first checks issued at the end of that month. Following a thorough discussion, the council moved to approve the ordinance, which passed with five affirmative votes.

After the vote, the council transitioned into an executive session, where no actions were taken, and no public comments were made. Mayor and council members expressed their commitment to ongoing improvements in the city, emphasizing the positive changes that have occurred since the new council members took office. The meeting concluded with gratitude extended to the staff for their continued efforts.

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