[{"_1":2,"_111":-5,"_112":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6186255,"mediaKeyId","5077965-973e9eff47bd2cb472f9573b202ee047","parentId",5077965,"title","Lindsay council creates IRS Section 115 trust to prefund retiree health and stabilize pension costs","audioSeconds",1673,"startMs",2959000,"endMs",4632000,"viewUrl","/Search/View?dp=1&key=5077965-973e9eff47bd2cb472f9573b202ee047&start=2959&end=4632","thumbnailUrl","https://assets.pipeline.soar.com/5077965-973e9eff47bd2cb472f9573b202ee047/thumbnail_2959000.jpg","articleUrl","/articles/6186255/Lindsay-City/Tulare-County/California/Lindsay-council-creates-IRS-Section-115-trust-to-prefund-retiree-health-and-stabilize-pension-costs","mediaUrl","https://secure.pipeline.soar.com/6186255-2d34da13d42e3827cc6fffb154b8f1bf/orig.mp4?Expires=1775433302&Signature=ht-acmFJko0FYQpne7Yih8cEfLdYPFrvwnVgDolapGiXCBhdWIN1jGlqfS9cjPbEJ-MycbqpRdkHuYL4LL5qY5HX3AP5ROsee4pf0mfCD--2VRCNtbkeZuuzUZ~R6co8zfAeQEQtWfeUI~O6RbkPSpExtDQG5aDkGnvwvrxYyGL3NGjIvDVEizY1d~hIBQtaTIHY1krq7qj-tmu9O-MRACWDCN-jArtWP62YHCyvmb5bmt7oEl1xk7z6SwMhCQewM75aSS20S9x1bxyK8j~VJ-eAYvr1sQfsUTrY3QsO3KGJGBIWU5ddavWE2Li1CRYfUDhpBbcEKiXAFExfSJNtmg__&Key-Pair-Id=KUT5TJCACFTXG","author","Lindsay City, CA","date","2025-06-25T14:40:37Z","article","The Lindsay City Council unanimously approved forming an IRS Section 115 trust on June 24 to begin prefunding post-employment benefits and to smooth future pension contributions.

Matt Spooner, a representative of Public Agency Retirement Services (PARS), presented the 115 trust and called it “a savings account on steroids,” explaining the vehicle can hold assets for OPEB (post-employment health care) and for pension pre-funding. Spooner said the trust can be established at no cost and that fees apply only after the trust is funded. He summarized the fee scale described in the presentation and noted a sliding fee range based on assets under management.

Spooner presented figures from the city’s actuarial materials: the city’s OPEB liability was shown as just under $1,400,000 with no fiduciary net position, and CalPERS figures indicated the city’s pension fund ratio is just under 70 percent. Spooner and staff described the program as a tool to smooth pension contributions and reduce future budget volatility.

Council members asked how the trust would be funded. Kyler Tucker, city staff, explained funding would occur through the normal budget process and that the city was “not planning on funding it at this point in time,” noting there is no obligation to make immediate contributions. Tucker and Spooner also clarified that withdrawals from the trust to pay allowable OPEB or pension expenses do not carry a penalty; disbursements may be used to reimburse the agency or to pay the retirement or health care provider directly.

Council moved, seconded and approved the resolution to create the 115 trust on a 5-0 vote. Staff said the trust will sit available for future budget cycles and that modest, one-time or ongoing contributions could be made when council directs.","mediaType","Video","parentTitle","Lindsay City Council Meeting June 24, 2025","oneSentenceSummary","Council approved establishing an IRS Section 115 trust administered by PARS to prefund OPEB and pension liabilities; staff said establishing the trust has no setup cost, fees apply only after funding, and withdrawals for eligible obligations carry no penalties.","taxTitle","Lindsay City, Tulare County, California","taxId",72150,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6186260,"Lindsay Council approves sale of vacant city parcels; property zoned commercial, public urged retention of commercial use",459,2464000,2923000,"/Search/View?dp=1&key=5077965-973e9eff47bd2cb472f9573b202ee047&start=2464&end=2923","https://assets.pipeline.soar.com/5077965-973e9eff47bd2cb472f9573b202ee047/thumbnail_2464000.jpg","/articles/6186260/Lindsay-City/Tulare-County/California/Lindsay-Council-approves-sale-of-vacant-city-parcels-property-zoned-commercial-public-urged-retention-of-commercial-use","https://secure.pipeline.soar.com/6186260-82c3214a1b9a520397be73f635da0bc0/orig.mp4?Expires=1775433302&Signature=QES-tnMUJqU1bs5IebuVrLiR6laLzKkan6OlUD-MsvTGrd99MkBc~86okM-KG~N8a2NQyL0HXwpD~wC1XvDnMPQGFoIfVsEenoyAz8JO8yDnF5cUKXMkgI~B5v7glsuc1YITe-KBJF3ATXVNutPTyQfSQAz9PqwnC8KLupCzmJwQ~A1SxZdQbITAO4xqPJKorJ8jTqHfl-zhZfQ1yxVWkLN2KcXt0h1k2U2mfCFkp0PNE870pIAGz-gJuREwDCTtliPgNaAcFkXeDHFcBA8Y2P2vAgDyP4fRuhScCli60SpDnBKsb7bpUQ-GEr8HJfp02AUuukUo6zixxlrs~vuW-g__&Key-Pair-Id=KUT5TJCACFTXG","The Lindsay City Council approved the sale of several long-vacant city-owned parcels in downtown Lindsay, including lots at the corner of Honolulu and Elmwood, during the June 24 meeting.

City staff member Tyler Parker told the council the city previously acquired those parcels after fires affected buildings on the sites and has since solicited interest. He said an interested buyer has expressed plans for commercial uses on the primary parcel and possible multifamily residences on another parcel, though specific development plans are not yet complete.

Several members of the public spoke. One resident urged the council to preserve commercial zoning rather than allow residential conversion. Tyler Parker responded that the parcels are currently zoned commercial and that any change of zoning would require a return to council for review and approval.

Council moved and approved the staff recommendation to proceed with sale on a recorded vote of 5-0. Staff said proceeds are expected to be recaptured by the city to support other municipal purposes; staff will oversee application processing and any future zoning requests from prospective buyers.","Council approved sale of vacant city-owned parcels at Honolulu and Elmwood with the properties zoned commercial; staff said interested buyer aims for commercial uses and possible multifamily on secondary portions, and any zoning change would return to council.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6186264,"Council keeps refuse delinquency collection on property tax roll; no fee increases",122,2341000,2463000,"/Search/View?dp=1&key=5077965-973e9eff47bd2cb472f9573b202ee047&start=2341&end=2463","https://assets.pipeline.soar.com/5077965-973e9eff47bd2cb472f9573b202ee047/thumbnail_2341000.jpg","/articles/6186264/Lindsay-City/Tulare-County/California/Council-keeps-refuse-delinquency-collection-on-property-tax-roll-no-fee-increases","https://secure.pipeline.soar.com/6186264-27fd114574588dd51ff4f0c33120efbd/orig.mp4?Expires=1775433302&Signature=mk5k7NjAhzPSeAfigv-mhuW6lbqZOX1k63WQtBXlvcWW2oQpoMpDppVK52PRL7EMyfMPajGg1n0yY-y2SAtX5cn9iHYdM5sy-8xgpkNVVCbrUUQn7oKmExuXol1WK7nh3g~WrePNrSA9EDQ7Q-Dvex7hQgzXnhqYq2xo4IjU9k3C7N4GXXN37Q7-QgF91iqapbC-yTDuCYac6aoUavS75K7HWHzmMCIOuCZO4ddKfe3Kv74Ko~6QedxI~2qfeQbzIplf2FLorwxl0pwBoe8QKPdwt6UJ2oLmFyKIMlmOi-ewT7qGm1lk3rKrzoPeVy2bM59~5Few3knZzjwS5v5VEA__&Key-Pair-Id=KUT5TJCACFTXG","The Lindsay City Council unanimously approved continuing the practice of placing delinquent refuse collection charges on the county property tax roll.

During the June 24 meeting, Kyler Tucker, city staff, explained the city has used the property tax roll for refuse collection charges for several years to improve collection rates. He said the process requires extra processing but yields higher payment compliance and that no fee increases were being sought for the coming cycle.

Council asked clarifying questions and confirmed the staff recommendation to proceed as an annual administrative action. The motion to adopt the resolution passed on a 5-0 vote.

Staff indicated the item will be brought forward on the same schedule in future years unless council directs a policy change.","Lindsay City Council approved the annual resolution to continue placing refuse collection delinquency fees on the county property tax roll, citing improved collection rates; staff noted no proposed rate increases.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6186270,"Lindsay council approves continuation of landscape and lighting assessments for 2025–26",342,1978000,2320000,"/Search/View?dp=1&key=5077965-973e9eff47bd2cb472f9573b202ee047&start=1978&end=2320","https://assets.pipeline.soar.com/5077965-973e9eff47bd2cb472f9573b202ee047/thumbnail_1978000.jpg","/articles/6186270/Lindsay-City/Tulare-County/California/Lindsay-council-approves-continuation-of-landscape-and-lighting-assessments-for-202526","https://secure.pipeline.soar.com/6186270-9d427772b7dbbdef6b2ef326f59b2678/orig.mp4?Expires=1775433302&Signature=fRZpztiBm4bcB8dKzdHZwfRG-jwL6VXibZBHryTRet4~wfw~WtD8a3hQSSsvgV3c5eU-FHUM58F5FodK0ikvaTfAO3q-~stZs0HTrOjvagCexCmfM5rWBkLrlDiGr6xh0JYsJA8tqbPwVAKUiqvGHg3zBxMVxmgiEkYsn6MjTlaJB7MJGUcz1tyBHOqqZ3lt0~4sCkVlUXZcIwG94VVPfwXeQXDHzT3kRAzjrW8cxoczj3Ko5t7eV38blhAihQa8Oqmj1mwso1dmgO2sFXZF0QdFCYbKIjmKr40Lq4Gl2HsQhVrG20oVvgy3tbyDbMEtOzroZ7lXHFFL3Gv9FdQR5g__&Key-Pair-Id=KUT5TJCACFTXG","The Lindsay City Council voted 5-0 June 24 to continue assessments for the city’s landscape, lighting and maintenance districts for fiscal year 2025–26.

The action allows the city to recover costs from fiscal year 2024–25 and maintain services in eight district areas while staff prepares a comprehensive review of older districts that show deficits.

City staff recapped the proposal during the public hearing, saying the package covers eight separate landscape or lighting districts and reflects charges calculated to recover expenditures from the prior fiscal year. Staff noted two districts could not be increased this year “because of this financial status,” and recommended a full analysis to bring older districts—some dating to the 1990s—up to current 2025 rates so services can be expanded or improved.

A resident, Eddie, spoke during public comment. “I don’t have an issue with the amount. The only issue I have is back in that area,” he said, referring to incomplete work in a portion of a district.

Councilmember discussion clarified that the action is annual and will be reviewed again next spring. Malcolm asked whether this is a one‑year action; staff confirmed the council will revisit district rates and efficiencies during the next review cycle. The council then moved, seconded and approved the resolution on a 5-0 vote.

Staff will return with a full analysis of district finances and proposed rate adjustments for council direction in the coming year.","Lindsay City Council adopted a resolution continuing landscape, lighting and maintenance district assessments for fiscal year 2025–26, approving staff’s proposal to recover prior-year costs and directing further analysis on older districts with deficits.","actionData","errors"]

Article not found

Lindsay council creates IRS Section 115 trust to prefund retiree health and stabilize pension costs

Lindsay Council approves sale of vacant city parcels; property zoned commercial, public urged retention of commercial use

Council keeps refuse delinquency collection on property tax roll; no fee increases

Lindsay council approves continuation of landscape and lighting assessments for 2025–26