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POWERPOINT - 65A
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04/21/2020
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POWERPOINT - 65A
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7/28/2020 11:41:38 AM
Creation date
4/22/2020 8:21:48 AM
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City Clerk
Date
4/21/2020
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i Mrs I V9 @7 Lq re <br />$60.0 <br />$50.0 <br />$40.0 <br />$1.6 million savings $30.0 <br />when paying the full <br />amount in July $20.0 <br />$10.0 <br />Already established, <br />prior to COVID-19 <br />Annual Payment <br />(in millions) <br />$12.5 <br />$37.; <br />P1 FY20-21 <br />■ General <br />F, 14 <br />$14.2 <br />L <br />Issue $315 million of <br />Pension Obligation Bonds <br />(POB) to reduce "interest" <br />cost of 7%? <br />FY21-22 <br />Fund ■ Other Funds Estimated — to be based <br />upon June 30, 2019 actuals, <br />prior to COVID-19 related <br />investment losses. <br />
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