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City of Clinton Shifting Tax Dollars from Hospital to Fire Pension Fund

The City of Clinton is going to do some maneuvering of tax dollars from one local entity to another.

 

The financial health of the city-owned Warner Hospital and Health Services is giving city leadership the option to shift funds from the hospital to the fire pension fund. City Treasurer Clint Lichtenwalter explains there's an incentive to getting that fire pension fund built up.

 

 

While communities across central Illinois struggle maintaining the pension funds for their police and firefighters, Clinton has been one of the leaders in keeping those balances well funded over the years.

 

 

The State of Illinois is pushing changes to the pension system for police and fire that could devastate communities like Clinton. We'll hear more from Licthenwalter on those changes and what that could mean for the City of Clinton tomorrow on Regional Radio News.

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