Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Union City accepts 2025 minimum municipal obligation of $48,029 for nonuniform pensions
Union City Borough Council · August 13, 2024
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
Council approved the 2025 Minimum Municipal Obligation: $48,029 required for the non-uniform pension plan and $0 required for the police pension; motion carried unanimously.
City officials presented the borough’s 2025 Minimum Municipal Obligation (MMO) at the meeting. Borough Manager Cindy Wells reported the required payment is $48,029 for the non-uniform pension plan and $0 for the police pension; council approved the MMO on a motion by Councilor Joyce, seconded by Councilor Kerns.
Council did not debate the figures extensively and the motion carried unanimously. The MMO will be incorporated into the borough’s fiscal planning for 2025.
