City Adds Fee to Cover Pension Costs. What you need to know:

the city: Lake Forest, IL

name of the fee: a public safety pension fee

how will the fee be collected? Added to water bills

what is the amount of the fee? 

  • $10 per quarter for home owners
  • $35 per quarter for schools and other commercial property
     

the goal of the fee: cover costs and buy time to develop a long term strategy to address pensions

does the fee require voter approval? No. city council vote is the only required vote.

Chicago Tribune | Lake Forest set to add new fee to help cover pension costs