Aren’t we simply paying for employee retirement costs?

The City’s pension liability has, in fact, gone up over the past five years. At the same time, all bargaining units in the City are now paying their portion of pension costs. Without the $11 million generated by the Utility Users Tax (UUT), the City’s existing liability does not go away, meaning the only way to make up the difference would be to eliminate positions and vital services. Effective January 1, 2013, all new hires are subject to a pension program which will reduce long-term retirement costs.

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1. What is the Utility Users Tax (UUT)?
2. How much does the Utility Users Tax (UUT) contribute to the general fund?
3. What does the Utility Users Tax (UUT) cost me?
4. Will a “yes” vote increase my taxes?
5. Why is an extension necessary?
6. What is the City doing to run a more fiscally responsible organization?
7. What If the Utility Users Tax (UUT) goes away?
8. Don’t property taxes and our new water rates pay for a lot of this?
9. Aren’t we simply paying for employee retirement costs?
10. Are low-income households and senior citizens still exempt from paying the tax?