Council meets to discuss potential funding for the PSPRS liability.
Representative David Stringer (LD-1) talks about education and the newly formed ad hoc committee on PSPRS.
Prescott City Council members take a look at the potential ballot language for proposed sales tax.
Councilmembers Billie Orr and Steve Sischka, along with City Manager Michael Lamar bring the issue of the PSPRS unfunded liability to an Republican Women of Prescott forum at Las Fuentes.
There are 3 Council meetings today - hope they really, really love one another on this Valentine's Day!
In examining options for paying off the Public Safety Personnel Retirement System (PSPRS) liabilities, on Tuesday the Prescott City Council looked at a list of properties owned by the city that could potentially be sold.
Learn more about the issues surrounding the Public Safety Personnel Retirement System and what can be done about it.
"It's really looking at what are the best practices out there, not getting scared by initial fears…”
Councilwoman Billie Orr points out that this is a solvable problem, showing a chart that demonstrates how the liability can be paid down to a managable amount.
The Prescott City Council agreed to hold weekly meetings in an effort to come to consensus regarding the issues surrounding Public Safety Personnel Retirement System (PSPRS).