Tag: Pension

A.G. GancarskiJanuary 9, 2017
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11min265
The year 2017 has started off with people trying to pressure Jacksonville Mayor Lenny Curry into positions he thus far has resisted. Social liberals want the mayor to offer the kind of full-throated support of expansion of the Human Rights Ordinance that thus far has proven elusive. And the city’s unions, especially police and fire, want […]

A.G. GancarskiNovember 22, 2016
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10min335
Tuesday saw senior staff from the city of Jacksonville locked in negotiations with representatives from the Jacksonville Association of Firefighters. Spoiler alert: those negotiations won’t be wrapped up in time for Thanksgiving. The fire union seems to prefer switching to the Florida Retirement System’s pension plan; the city likes defined contribution. That is a huge gap. […]

A.G. GancarskiAugust 10, 2016
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4min185
On Thursday, the Jacksonville City Council Finance Committee begins seven days of deliberations of the mayor’s budget, meetings that will sprawl out over the next 15 calendar days. Lenny Curry‘s budget was by and large flat, with enhancements for public safety, and drainage projects in traditionally underserved communities. The enhancements, as we wrote last month, include: — […]

A.G. GancarskiJuly 18, 2016
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3min247
Bill McClure, a Republican running in Florida’s 4th Congressional District, has messaged heavily during this campaign against both Jacksonville’s referendum to extend a current half-cent tax to address the unfunded pension liability, and against public pensions in general. The latest example of his rhetoric, “When elected to Congress I will decline all congressional pension benefits ... […]

A.G. GancarskiJuly 5, 2016
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9min224
On Tuesday, the Jacksonville Mayor’s Budget Review Committee performed an omnibus wrap up session, as budget review ends Wednesday. The usual players were analyzing the budgets: Chief Administrative Officer Sam Mousa, CFO Mike Weinstein, and Chief of Staff Kerri Stewart. The Tuesday session dealt with the “short list” of potential enhancements, bolstered by some small increase in property tax revenues, […]

A.G. GancarskiMay 2, 2016
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3min182
In a drama-free move, the Jacksonville City Council Finance Committee approved a bill authorizing a referendum on extension of the half-cent sales tax on Monday. Bill 2016-300 passed unanimously as an emergency measure. CFO Mike Weinstein noted that the referendum would close the three existing pension plans, which created the $2.7 billion unfunded pension liability. “The beauty […]


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