FPDR board adopts $353 million FY 2026–27 budget, sets $17M contingency
The Fire & Police Disability & Retirement board unanimously adopted the staff‑recommended FY 2026–27 budget, citing rising pension and PERS costs, a projected surge of retirements in May, and a $17 million contingency to manage forecast risks.
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The Fire & Police Disability & Retirement (FPDR) Board of Trustees voted to adopt the staff‑recommended FY 2026–27 budget on Jan. 30, approving the spending plan and five‑year forecast that staff said totals about $353,000,000 for the coming fiscal year.
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