Tag: City of Pittsburgh

A Roll Call of Local Taxes

"Tax Freedom Day", an illustrative construct created by the Tax Foundation, is the calendar date on which the typical taxpayer has "…earned enough money to

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City’s OPEB Liability Grows—Fast

Until the Governmental Accounting Standards Board issued Rule 34 the amount of money governments spent on health care benefits, life insurance benefits, etc. for retirees-known

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Pensions Stay in City’s Hands

Nine months following City Council’s December 31st pension bailout plan, which used a one time debt service transfer and pledged three decades of parking tax

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City Wants to be Free

After presenting the 2012 budget to Council, the Mayor raised the idea that the City is ready to be released from state oversight. Now whether

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A New Sheriff in Town

With a letter rescinding its approval of Pittsburgh’s 2012 budget, the ICA (oversight board) has sent a strong signal of its unwillingness to continue business

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OPEB Trust Fund Moves Ahead

"Despite an estimated $320 million of other post-employment benefit liabilities for health care and life insurance as of January 1, 2006, the City has only

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A Bigger Exemption for City Taxes?

The City Controller has suggested increasing the homestead exemption for City taxpayers. A homestead exemption allows homeowners to decrease their assessed value by a fixed

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