Cocoa Beach Pension Board Analyzes Fund Performance and Actuarial Assumptions

Overview: The Cocoa Beach Pension Board recently engaged in discussions regarding the performance of the pension fund, the sale of Sterling Capital to Guardian Group, and the actuarial assumptions critical to the city’s defined benefit pension plan. The board reviewed a solid 9.4% increase in the pension fund’s performance and the stability of the actuarial rates, acknowledging the need to manage the plan’s health without additional tax burdens.

Cocoa Beach Approves Lifeguard Funding Amid Financial Concerns

Overview: In a recent Cocoa Beach City Commission meeting, one notable issue discussed was the significant increase in costs for lifeguard services. The city was presented with a contract proposal from the county to raise the annual payment from $82,000 to nearly $900,000. This proposal sparked a debate among commission members and residents, as the substantial jump raised concerns about the city’s budget and the prioritization of funds. Ultimately, the commission voted in favor of accepting the increased cost, with the understanding of the importance of public safety for beachgoers.

Brevard County Debates Water Supply Plan Amid Environmental and Financial Concerns

Overview: The Brevard County Local Planning Agency convened to scrutinize a comprehensive water supply plan, which, if approved, would be transmitted to the Florida Department of Commerce. The plan sparked discussions on environmental impacts, funding strategies, and infrastructure development.

Brevard Board Tackles Transportation Hurdles for Disadvantaged

Overview: In a recent meeting, the Brevard County Transportation Disadvantaged Local Coordinating Board addressed issues affecting transportation services for disadvantaged individuals. The gathering highlighted concerns such as accessibility, service reliability, and collaborative efforts to improve transportation options. Notably, a report from the National Federation of the Blind of Florida underscored the advocacy for transportation barriers, while Space Coast Area Transit’s initiatives, like the Mobility on Demand study, were debated for their potential benefits and shortcomings.

Brevard County Commission Tackles Land Conservation and Community Events

Overview: During a Brevard County Commission meeting, attention was devoted to the future of the Endangered Lands Program, with discussions on potential funding options and the importance of preserving the area’s natural resources. The meeting also highlighted community engagement, with substantial public commentary on the continuation of the Bard Renaissance Festival at Wickham Park.