Alternative Plan To Cover Pension Obligation Could Be Sought

(Louisville, KY) - Louisville Metro Council may be seeking a third option to cover Louisville's $65 million pension obligation over the next four years. 

Mayor Greg Fischer has proposed tripling taxes on many insurance premiums to increase revenue and avoid deep cuts to services like fire and law enforcement. 

 

Dozens of people shared their thoughts on Mayor Fischer's plan at a Metro Council meeting Thursday night. 

Some council members are now looking at a combination of cuts and a smaller tax increase, while Republicans want a plan that would make cuts without any increases.

Copyright © 2019 TTWN Media Networks LLC 

title

Content Goes Here