A deadline of Monday to make a five million dollar payment by City Hall toward it's beleagured Penion Plan won't happen.
Finance Commissioner Greg Yeomans tells CHSJ News, he has been given no indication the payment will be made.
So what happens now is the Pension Board will send a letter to the Superintendent of Pensions indicating the payment hasn't been made which will roll out at the next council meeting on the 22nd.
Mayor Ivan Court is concerned about a nine million dollar payment over and above the five million that needs to be made because of the deficit which he says translates into a tax increase of 17 cents.
City Manager Pat Woods was expected to make recommendations toward the plan by this month but CHSJ News has been told there was disagreement on what the changes should be.
