3 There's a chance your property taxes will go up - to help pay for city pensions. That's just ONE option on the table. A task force is expected to hand off recommendations to the city council and mayor today - on how to fix the problems. Channel 4's Erica Rakow talked to the task force chair - and joins us LIVE from City Hall downtown with what we can expect to happen. 3 Bill Scheu says today's meeting will mainly focus on one thing -- how to pay off the city's $1.7 billion unfunded obligation for the Police and Fire Pension Fund. It will most likely be a lengthy meeting -- but Scheu is hopeful the task force will accomplish what they need to. 3 :00-:05:07-:14SOT - 4647 if we do nothing if we let this problem fester and kick it further down the road were just adding to our problemsTRACK - Bill Scheu is the chair of the Pension Reform Task Force and is optimistic about Monday's meeting. He says 3 of their 4 main areas have already been taken care of in previous meetings --PRE PRO - First they looked at governance and finished that. The second area was the investment authority which Scheu says is written and will be approved today. Third is the pension design and the task force made their basic decisions on that last week.SOT - 4330 the fourth piece which is probably the most difficult is the funding of the unfunded liability of 1.7 billion dollarsTRACK - That's the critical question-- WHO is going to pay for it? Scheu says they will discuss several options--) including higher property taxes, an increase in the JEA franchise fee, and an emergency services sales tax . Scheu says solving the city's long term pension problems will require hard choices..SOT - 4906 our quality of life is really suffering and we really need to take stock of ourselves and say who are we we dont need another strategic vision weve done that before we need leadership Today's meeting starts at 1pm. Scheu says they will go as long as they need.