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'Budget'


Rendell: “We had to manipulate the bid documents”

Friday, October 23rd, 2009 at 3:59 pm - by Alan Tu

You have to give it to Pennsylvania Governor Ed Rendell. Not only does he deny any wrong-doing in handing out no-bid contracts in Harrisburg, he defends himself by telling WHYY’s Marty Moss-Coane that his administration steered a contract to a bidder he preferred while he was Philadelphia’s mayor.
Here’s what he said on Radio Times:
When I [...]


Philadelphia Mayor: We are one step closer to financial recovery

Wednesday, August 26th, 2009 at 7:55 pm - by Alan Tu

A bill granting Philadelphia the ability to impose a temporary one-percent sales tax and defer its pension contributions passed the Pennsylvania Senate this afternoon by a 38 to 9 vote.
Philadelphia Mayor Michael Nutter issued this statement tonight.
The main goal of this legislation is to provide $700 million in financial recovery for Philadelphia through a temporary [...]


Philadelphia Mayor Nutter announces more budget cuts

Tuesday, August 18th, 2009 at 7:33 am - by Alan Tu

Laying the blame squarely on the the Pennsylvania Legislature, Philadelphia Mayor Michael Nutter announced more budget cuts yesterday. The reason the city’s fiances are tied to the state is because Philadelphia is already operating in the new fiscal year and it was counting on state approval of a city sales tax hike. Nutter says every [...]


Open thread on The Valley Club swimming pool controversy

Friday, July 10th, 2009 at 4:01 pm - by Alan Tu

I am back from my vacation and from my week helping Radio Times out. The big story this week locally has got to be the racial discrimination allegations related to The Valley Club in Huntingdon Valley. This is just outside of Philadelphia.
Here’s what we know. 65 kids from a summer camp were properly registered as [...]


In Philadelphia it's DROP, in other places it's called a "sham retirement"

Monday, June 15th, 2009 at 1:29 pm - by Alan Tu

Next month, the State of Indiana will outlaw “sham retirements” in which a public employee will retire for a short period and then return to work. This practice allows the workers to begin collecting their monthly pension and get their full salary. Here’s an excerpt from The Times newspaper in Munster, Indiana.
A new state law, [...]


Someone tell Anna Verna she’s supposed to represent Philly

Friday, May 22nd, 2009 at 9:34 pm - by Alan Tu

What did she say? That pretty much sums up local reaction to a comment Anna Verna made about why a really high sales tax in Philly could be a good thing.
“The surrounding counties would be the beneficiary of the sales tax (hike), because if you live in Philadelphia and have to buy a large item, [...]


Philadelphia's budget gets Council final approval

Thursday, May 21st, 2009 at 6:42 pm - by Alan Tu

The Philadelphia City Council approved Mayor Michael Nutter’s $3.8 billion spending plan for fiscal 2010 which begins July 1. The budget’s keeps intact much of the Mayor’s original budget with one exception - a five year sales tax hike. The budget process is not over though. The Pennsylvania Legislature and the Governor both have to [...]


Forum tonight will discuss the impact of higher taxes in Philly

Wednesday, May 20th, 2009 at 1:49 pm - by Alan Tu

It’s Our Money blogger Ben Waxman hosts an important discussion tonight on Philadelphia taxes. The forum will give you a better understanding how a proposed five-year sales tax increase in Philly will impact both retail sales and city revenues. The sales tax hike is part of the City’s proposed 2010 budget that aims to close [...]


What Impact Will Philly’s Higher Taxes Have?

Friday, May 15th, 2009 at 5:30 am - by Matt Campbell

Some of the best minds on local tax policy will gather next week to ponder whether Philadelphia can raise its sales tax rate without also triggering a steep decline in business activity. The timing of this discussion is - right on - because even though the Mayor and City Council have agreed on a budget [...]


Philly's Budget Update: Focus Turns to Harrisburg

Tuesday, May 12th, 2009 at 11:28 am - by Matt Campbell

The Mayor and City Council in Philadelphia hope that yesterday’s budget compromise will give them a “unified voice” as they seek state legislative approval for key components of the city spending plan.
State Approval Needed to:
Allow the City of Philadelphia raise its sales tax one penny for five years.
Allow the City to delay contributions into its [...]

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