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City controller presents revised 2026 pension MMO; city says budgeted amounts remain unchanged

City of Chester Council · December 26, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Controller Joy Taylor presented revised Minimum Municipal Obligations (MMOs) for the city's pension funds for 2026 — $35,003 (O&E), $6,634,111 (police), and $2,936,576 (fire) — noting a $1,065,861 net change from prior approval but that the city had already budgeted the original amounts.

The City of Chester's controller, Joy Taylor, presented a revised Minimum Municipal Obligation (MMO) for 2026 at the Dec. 22, 2025 council meeting, citing updated valuations as of Jan. 1, 2025.

Taylor said the revised MMO figures are: $35,003 for the…

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