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Form 1096 for Beaumont Texas: What You Should Know
The budget is available to the public and will be considered by City Council within the next seven business days (Tuesday), July 16, 2018, at 5:00 p.m. The following is an excerpt from the City's 2025 FY 2025 Budget: City employees, including City contract employees must continue to meet their professional obligations. The City's annual contribution to the State Employees Retirement System (“GOERS”) will remain at 1.25 million. The current year contribution, including the 4.5 million that was allocated to the State Employees Retirement System Investment Advisory Committee, had remained relatively stable. Therefore, the City is proposing to raise its contribution for the next year, as well as continue with their current allocation for 2025 and 2025 and to continue the funding of the State Employees Retirement System (“SEES”) during the next several years. To ensure that the City is in compliance with the State Constitution, the 2025 City bond proposal was approved by the voters in 2015. 2018 City Manager and Assistant City Manager salary information. (All salaries will increase to reflect the City's new collective bargaining agreement.) The City will be making an FY18 operating fund expenditure of 2.3 million for the following items: • 14,000,000 for the issuance of 5,000,000 debt secured notes payable bonds, 25,000,000 for the issuance of 4,000,000 Series T convertible debentures, 10,750,000 for the issuance of 4,500,000 Series T convertible debentures, and 7,750,000 for the issuance of Series T convertible debentures. FY18 operating fund expenditure: 2,300,000 FY18 pension and general fund contribution: 1,400 for the issuance of 4,000,000 Series T convertible debentures and 1,800 for the issuance of 4,500,000 Series T convertible debentures. FY18 City employee salary information. 2016 Operating Fund Expenditure: 2,250,000 The City has budgeted an FY17 operating fund expenditure of 1,325,000 including 1,200,000 for the issuance of Series X convertible debentures and 725,000 for the issuance of Series XL convertible debentures.
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