Pittsburgh poised to leave Act 47 status by 2018 while city's financial overseer struggles to pay the bills

Pittsburgh poised to leave Act 47 status by 2018 while city's financial overseer struggles to pay the bills

The Act 47 coordinators of the city of Pittsburgh have concluded that it is time for the city to get out of the “financially distressed” status that it has held since 2003, and could do so by the beginning of the year.

Joel Lennen of the law firm Eckert Seamans, whom make up the team of the city’s Act 47 coordinators,
Thursday, September 28, 2017/Author: Alanna Koll
Categories: Pittsburgh
Proposed Pittsburgh budget avoids tax increases for third year in a row

Proposed Pittsburgh budget avoids tax increases for third year in a row

Pittsburgh Mayor Bill Peduto and the Office of Management and Budget submitted a $555 million operating budget and $105 million capital spending plan for 2018 to the Intergovernmental Cooperation Authority Friday.

The proposed budget holds the line on tax increases for the third consecutive year and provides a boost to public safety and transportation spending. 

Friday, September 22, 2017/Author: Alanna Koll
Categories: Pittsburgh
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