Peoria City Council ends public safety pension fee, debates alternative ways to fund liability – WMBD (Peoria)

Although the city hasn’t found a concrete replacement for the fee, many council members still felt eliminating this fee would take the weight off of the property owners who’ve been paying it.
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willowglen
4 years ago

Reading the article, it sounds like the city has given into thinking the problem is a spending problem and only is looking at it as a revenue problem. Perhaps they are just being realistic, but I don’t see how Peoria ever could collect enough revenue to pay the pension obligations. Even the mantra of soak the rich will not work because Peoria doesn’t nearly have enough rich people. Too bad – every former and current Illinois high school cross country athlete has fond memories of Peoria and Detwiler Park and has an emotional attachment to the sustainment of Peoria. Quite… Read more »

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