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15 • Action Items / Resolutions / OrdinancesCity of Portland (San Patricio County)

ORDINANCE NO. 2304 TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS) UPDATES

Presented in: City of Portland CITY COUNCIL MEETING on 2024-12-17
Meeting Agenda PDF

Official Roll-Call Vote

Expands Gov't • 7.2/10 Impact Weight
PASSED (6 - 0)
“Motion to approve ORDINANCE NO. 2304 TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS) UPDATES”
JG
YES
JG
John G. Sutton, Jr.
Councilmember, Place 1
YES
ZA
Zachary Albrecht
Councilmember, Place 2
YES
GW
Gary W. Moore, Jr.
Councilmember, Place 3
YES
MR
Martha Ruiz
Councilmember, Place 4
YES
BT
Bill T. Wilson, II
Councilmember, Place 5
YES

Staff Report & Agenda Item Details

15. ORDINANCE NO. 2304 TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS) UPDATES:  THE CITY COUNCIL WILL CONSIDER THE SECOND AND FINAL READING OF ORDINANCE NO. 2304 WHICH UPDATES THE TMRS METHOD OF CALCULATING THE CITYS COST OF LIVING ADJUSTMENTS FOR RETIREES AND THEIR BENEFICIARIES AND THE ACCRUAL OF SERVICE CREDITS  ASSISTANT CITY MANAGER

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 7.2/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).