Federal judge rules $200 million in last year's budget unconstitutionally allocated

Federal judge rules $200 million in last year's budget unconstitutionally allocated

A federal judge overturned part of Pennsylvania’s 2017 budget compromise Thursday.

The decision, by federal Judge Christopher Conner, found that a transfer of $200 million into the General Fund from a state-funded organization meant to finance the purchase of malpractice insurance violated the constitutional right to due process.

Thursday, May 17, 2018/Author: Stephen Caruso
Categories: News and Views
As state misses April General Fund revenue estimates, initial IFO outlook for 2018-19 paints improving long-term picture

As state misses April General Fund revenue estimates, initial IFO outlook for 2018-19 paints improving long-term picture

The Department of Revenue yesterday released details on April tax collections for the state, reporting tax revenue for the month exceeded expectations by almost a full percentage point, but General Fund revenue of $57.6 million missed estimates by 1.5 percent. The news came shortly after the Independent Fiscal Office issued its first revenue estimates for fiscal year 2018-19, which offered an increasingly sunny outlook for the commonwealth’s finances.

Wednesday, May 2, 2018/Author: Mike Howells
Categories: News and Views
City Controller releases Pittsburgh's 2017 annual financial report

City Controller releases Pittsburgh's 2017 annual financial report

Pittsburgh City Controller Michael Lamb released the city’s Comprehensive Annual Financial Report for 2017 Tuesday. Lamb reported that Pittsburgh, whose fiscal year ended New Year’s Eve, is on the road to financial stability, but still has much room to grow.
Tuesday, May 1, 2018/Author: Atiya Irvin-Mitchell
Categories: Pittsburgh
House Democrats question how state police handle opioid crisis and rape kit backlogs

House Democrats question how state police handle opioid crisis and rape kit backlogs

House Democrats focused on rape kit backlogs and the opioid epidemic during Wednesday’s budget hearing with the Pennsylvania State Police.

Wednesday, March 7, 2018/Author: Taylor Allen
Categories: News and Views
February state revenue collections reported

February state revenue collections reported

State revenue collections for the month of February were reported this week, with monthly and year-to-date collection totals coming in over estimate.

 

According to the Department of Revenue, Pennsylvania collected $3.6 billion in February, which is $406.3 million or 12.8 percent more than anticipated. Year-to-date collections, the department reported, were $20.9 billion through February, which is $496 million or 2.4 percent above estimate.

Friday, March 2, 2018/Author: The PLS Reporter
Categories: News and Views
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