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Council reviews pension MMO numbers under Act 205 and a second amendment with Franklin Township Municipal Authority; no votes taken
Summary
Council reviewed draft resolutions on Sept. 2 setting municipal minimum obligation (MMO) pension figures under Act 205 and approving a second amendment to a consent agreement with the Franklin Township Municipal Authority; both items were informational and will return for formal action.
On Sept. 2 Monroeville council reviewed two resolutions staff plans to bring for formal consideration: the municipal minimum obligation (MMO) numbers the state requires under Act 205 for pension budgeting, and a second amendment to a consent agreement affecting the Franklin Township Municipal Authority and certain sewer assets.
Staff presented MMO figures for the coming budget cycle, citing the state-required…
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