Tag: Act 44

An update on municipal pension health

The Pennsylvania Auditor General’s Office recently published distress scores for municipal pensions.   Act 44 of 2009 established distress scores for municipalities (cities, boroughs, townships,

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Bumpy Road Ahead for PAT

The Port Authority’s FY2010 budget projection shows the agency spending $362 million, up from $328 million just two years ago. Not surprisingly, the area of

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Turnpike Drowning in Debt?

Recently Pennsylvania’s Auditor General stated that the Pennsylvania Turnpike is “drowning in debt”.  This characterization was disputed by the Turnpike’s CEO as “simply not true”

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Questions on Garage Plan

An alternative has arisen to the Mayor’s plan of leasing Parking Authority garages to a private interest in exchange for a lump sum payment (that

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