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The City of Jacksonville has the worst funded pension program in the state. It can only pay 55 cents of every dollar its promised. Mayor Lenny Curry is asking lawmakers to allow the city to use  a half cent sales tax until the year 2060 to fund the plan. It received tentative approval from the State House today. rep. Travis Cummings says there are few options.

“This is an issue that is not going to go away without another revenue stream. I’m a fiscal conservative, but you can’t raise the milage enough. You can’t raise the gas tax or other things, This is really a bold initiative. This is something that Mayor Curry and his administration has worked out” says Cummings.

The plan requires voter approval and could be used by other cities and counties. In Jacksonville’s case the actual cash won’t flow until 2030, but they city is hoping the action will send a message the city is serious about solving the pension problem.