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LARGO (PINELLAS COUNTY) · LOCALHeld · official record pendingPartial coverage

Commission Work Session Directive - 14 May 2024

Tuesday, May 14, 2024 · Government meeting record

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Record incomplete

The Commission reviewed presentations on pension plans, the annual audit, and the proposed five-year capital improvements program. Commissioners also requested specific financial data regarding pension assets and the impact of future rate increases on residents.

Why it matters

The Commission reached a consensus to support a new five-year capital improvements program and associated rate increases, which will determine future infrastructure spending and utility or service costs for residents.

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Record text

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Meeting record textCommission Work Session Directive - 14 May 2024 (2024-05-14)

Commission Work Session Directive - 14 May 2024. Location: Community Room. Time: 04:00 PM. Agenda: Commission Work Session Directive - 14 May 2024 - Agenda - Html AGENDA Commission Work Session DIRECTIVE Tuesday, May 14, 2024 Community Room @ 4:00 p.m. A. PRESENTATIONS 1. Introduction Of Police Therapy Dog Pension - PRESENTATION GIVEN 2. Annual Audit Presentation For The Fiscal Year Ended On September, 30, 2023 - PRESENTATION GIVEN 3. Police Officers' And Firefighters' Pension Plan Actuarial Report Overview - PRESENTATION GIVEN 4. Proposed FY 2025 - FY 2029 Capital Improvements Program (CIP) - CONSENSUS TO SUPPORT PROPOSED CIP AND PROPOSED RATE INCREASES B. BOARD/COMMITTEE REPORTS: Forward Pinellas –Vice Mayor Gerard Pinellas Continuum of Care – Commissioner Holck Suncoast League of Cities – Commissioner Robinson Pinellas Suncoast Transit Authority – Commissioner Johnson Tampa Bay Regional Planning Council – Mayor Brown Area Agency On Aging - Vice Mayor Gerard ITEMS FROM COMMISSIONER JOHNSON, COMMISSIONER SMITH, COMMISSIONER ROBINSON, VICE MAYOR GERARD, COMMISSIONER HOLCK, COMMISSIONER HOLMES, MAYOR BROWN, CITY MANAGER CURP, ACTION ITEMS C. ACTION ITEMS 1. Request by Commissioner Holmes for the total assets in the Police and Fire pension plan and the return on investment. 2. Request by Mayor Brown for the annual increase associated with the catch-up amount of $470,000 in the Police and Fire Retirement Plan. 3. Request by Commissioner Holmes that future rate increase charts include a dollar amount for the impact on the average Largo resident.

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  • Commission Work Session Directive - 14 May 2024 (2024-05-14)

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