Richard English presented the Texas County & District Retirement System (TCDRS)
Official Roll-Call Vote
Staff Report & Agenda Item Details
Richard English presented the Texas County & District Retirement System (TCDRS) Plan Provisions for 2027 for consideration. The Cost-of-Living Adjustment (COLA) requires Board action annually; staff recommends including COLA. Also, there are extra funds available in our current budget, therefore Staff recommends adding an additional employer contribution of $65,000, which keeps our funding ratio at 94.1 %. After discussion, a motion was made to authorize the TCDRS Plan provisions for 2027 including the COLA and 100% CPI and to add an additional employer contribution in the amount of $65,000 during this year's budget to keep the funding ratio at 94.1 %. Motion: Second: Vote: Rose Vernon All ayes
Bastiat Liberty & Property Rights Analysis
This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.1/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.