How to Fund PSPRS Liabilities

Create an image depicting a city council meeting focused on funding public pensions, with charts and graphs illustrating the financial options available.

Funding PSPRS Liabilities Quiz

Test your knowledge and opinions on how the City of Prescott can address the unfunded PSPRS liabilities. Your insights can help shape community discussions!

  • Explore different tax options.
  • Share your views on property and sales tax increases.
3 Questions1 MinutesCreated by AnalyzingFunds237
How should the City of Prescott pay off the unfunded PSPRS liabilities?
Create a new tax on businesses
Increase property taxes
Increase sales tax
If the City were to increase Property Taxes, which would you support:
Increase from .3025% to 1.9763% - pay off in 10 years
Increase from .3025% to 2.6027% - pay off in 7 years
Increase from .3025% to 3.4465% - pay off in 5 years
If the City were to increase the Sales Tax, which would you support:
0.60% pay off in 10 years, with app. $2,914,695 each year from General Fund
0.75% pay off in 10 years, with app. $595,873 each year from General Fund
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