Search Results for: jacksonville

Jacksonville Mayoral Candidate Wants to Use Sales Tax to Pay Down Pension Debt

Bill Bishop, a candidate for mayor of Jacksonville, this week addressed one of the city’s hottest topics: pension debt and reform. Bishop said he would levy a sales tax increase and use the revenue to pay down the city’s pension debt. From the Florida Times-Union: City Councilman Bill Bishop, who is running for mayor, said … Continue reading Jacksonville Mayoral Candidate Wants to Use Sales Tax to Pay Down Pension Debt

Atlantic Beach May Throw Support Behind State Investigation of Jacksonville Pension Fund

There is growing support for a state investigation into Jacksonville’s Police and Fire Pension Fund and its deferred retirement option plan (DROP). At least one state representative and a handful of others, including city council members and a mayor, have called for a state investigation into whether the fund engaged in regulatory violations in its … Continue reading Atlantic Beach May Throw Support Behind State Investigation of Jacksonville Pension Fund

Jacksonville Mayor Submits New, Updated Reform Bill

Jacksonville Mayor Alvin Brown has submitted a reworked version of the city’s pension reform proposal, which was previously passed by City Council but wasn’t approved by the city’s Police and Fire Pension Fund. The bill needs to be approved by both entities before it passes into law. The City Council may vote on the new … Continue reading Jacksonville Mayor Submits New, Updated Reform Bill

Jacksonville Pension Reform Hits Another Snag As JEA Says: “Take It Or Leave It”

Jacksonville’s pension reform proposal – if and when it passes – would require the city and public utility company JEA to borrow a combined $240 million. But that aspect of the plan has hit a road bump, and now JEA is telling the city to accept the plan as-is or count JEA out entirely. From … Continue reading Jacksonville Pension Reform Hits Another Snag As JEA Says: “Take It Or Leave It”

Video: More Voices Join Call For State Investigation into Jacksonville Public Safety Fund

video platformvideo managementvideo solutionsvideo player Several Jacksonville city council members and a state representative have called on Florida Gov. Rick Scott to launch an investigation into the DROP fund administered by the Jacksonville Police and Fire Pension fund. This week, another voice joined the calls for an investigation. Watch the video for more.   Photo … Continue reading Video: More Voices Join Call For State Investigation into Jacksonville Public Safety Fund

Jacksonville Pension Reform Vote Delayed by Council

video platformvideo managementvideo solutionsvideo player The Jacksonville City Council has decided that “more time is needed” to review a newly-amended pension reform measure. A vote on the measure has been pushed back. The Council originally passed the measure in December. It was then sent to the Police and Fire Pension board, who requested several changes. … Continue reading Jacksonville Pension Reform Vote Delayed by Council

City Council Shakeup Could Affect Jacksonville Pension Reform

Jacksonville Councilman Johnny Gaffney is stepping down from his post next month. Gaffney was likely to vote in favor of the city’s pension reform measure. But with his departure, the chances of the measure passing become murkier. There are 19 seats on the Council, and the measure needs 10 votes to pass. From the Florida … Continue reading City Council Shakeup Could Affect Jacksonville Pension Reform

Jacksonville Council President Latest to Support State Investigation of Public Safety Pension System

Florida Rep. Janet Adkins last month sent a letter to Gov. Rick Scott calling for an investigation into “impropriety…questionable practices and possible mismanagement” of Jacksonville’s Police and Fire Pension fund. Specifically, Adkins wanted an investigation into how the fund administered its DROP accounts, and whether they ignored regulations and city auditors. Shortly thereafter, city Councilman … Continue reading Jacksonville Council President Latest to Support State Investigation of Public Safety Pension System

Pension Board Changes Might Be “Deal Killer” For Jacksonville Reform

On Monday, the Jacksonville Police and Fire Pension board made several changes to the city’s pending pension reform measure and sent it back to city council for approval. But the changes could be a “deal killer”, according to one council member. One major change was the length of time the measure would be in effect. … Continue reading Pension Board Changes Might Be “Deal Killer” For Jacksonville Reform

Jacksonville Pension Board Sends Reform Measure Back to City Council With Changes in Mind

The board of Jacksonville’s Police and Fire Pension fund was set to vote on the city’s pension reform measure on Monday. But instead of an up-or-down vote, the board has requested several changes to the measure and sent it back to the city council for approval. Both entities need to approve the measure before it … Continue reading Jacksonville Pension Board Sends Reform Measure Back to City Council With Changes in Mind


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