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,
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,
An April 2019 blog analyzed a report that advocated for expanded tax and fee options for local governments to support mass transit agencies. The issue
Another year and another toll increase for users of Pennsylvania’s Turnpike system. For the sixth consecutive year, tolls will rise for travelers paying with cash
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
It is not going to get any easier on the pension front in Pennsylvania. Just this week, as the state put the final touches on
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”
Following closely behind the oversight board’s approval of the City’s 2012 updated budget, which included putting an additional $10 million toward pensions and bringing next
“A City of the Second Class that is determined to be in Level III distress based upon the required actuarial valuation reports for a 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
City Council wants to leave no stone unturned and wants to make sure that when it decides to approve or disapprove of any agreement the