Staff Analysis of the Legislation
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This legislation clarifies the process for properly appropriating funds to the Firefighters Retirement Trust and Agency Fund. Municipal Impact: This legislation does not require municipal action. However, it will correct on-going appropriation shortfall in the Firefighters Retirement Trust and Agency Fund, preventing the fiscal burden from being shifted to local municipalities. ULCT Action: ULCT staff worked with URS, municipalities, and other interested groups to support this legislation. |