At the meeting, committee members voted 4-2 against First Ward Council Member Clare Kelly’s motion calling for an escrow fund to be created for money generated by the Personal Property Replacement Tax, ensuring it funds pensions. Kelly and committee member Leslie McMillan cast the yes votes.
Kelly’s motion came after Mortell said that nearly $1.3 million of revenue from the tax should have been reserved to pay the pensions, per the language of Evanston’s pension policy, which was adopted by the City Council on July 24, 2023.
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