Retired police to present tax plan | Arkansas Blog

Tuesday, August 2, 2011

Retired police to present tax plan

Posted By on Tue, Aug 2, 2011 at 3:34 PM

HENSLEY: At City Hall earlier today.
Farris Hensley and other members of the Little Rock Police Pension Board will submit their own proposal for a city sales tax tonight at the City Board meeting. The board's Public Safety Sales Tax Initiative proposes a half-cent that would, among other things, add $1 million each to the Police and Fire Pension plans. That figure, the board says, is "less than half of one percent of the savings proposed for the citizens of Little Rock in this sales tax initiative and will NOT increase any existing pension benefits but will only help stabilize" the fund. None of the half cent would go to Public Works, Parks and Recreation or economic development.

Hensley said board member and City Manager Bruce Moore had "intentionally stalled" the board on presenting a plan to the City Board earlier, before a decision had been made on the proposal to be voted on in September.

The city's 1 cent tax proposal would allocate $500,000 to the pension board, an amount Hensley said is not enough to keep the fund from defaulting in the future.

Tags: , , ,


Favorite

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

More by Leslie Newell Peacock

  • Rally for Reproductive Rights on Saturday: UPDATE

    The annual Rally for Reproductive Justice will be held on the Capitol steps at 1 p.m. this Saturday, Jan. 19. Keynote speaker will be Pamela Merritt, the co-founder of Reproaction, and others on why these bills are hurting, not helping, women and their families.
    • Jan 17, 2019
  • A skeptical take on psychology and men

    Gene Lyons gets literary in his most recent column's leadup to a critique of a new psychological theory on the toxicity of manliness.
    • Jan 15, 2019
  • Crystal Bridges gets spacy before 'Men of Steel' launch

    Robert Pruitt will talk about his work at the Crystal Bridges' "Art, Space Travel and Beyond with Robert Pruitt" roundtable starting at 7 p.m. Friday, Jan. 18.
    • Jan 15, 2019
  • More »

Readers also liked…

Slideshows

Most Recent Comments

 

© 2019 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation