That payment, in addition to Mayor Donna Deegan’s proposed billion-dollar police and fire budget, means costs for police service, fire protection and public-safety retirement costs make up more than 63 percent of the city’s entire $2 billion general fund.
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Jacksonville police and fire pension debt tops $3 billion, surging city costs
Jacksonville City Hall’s debt to the Police and Fire Pension Fund now tops $3 billion, one of its worst conditions in the past quarter century, which will require taxpayers to cover a mammoth $201 payment later this year.