Pittsburgh Tax Revenue: A Better Approach

 

When Pittsburgh’s plans to use projected tuition tax revenues were denied by the Oversight Board, the resulting loss of $15 million in projected revenue for 2010 necessitated some reworking of the budget to meet the balanced budget mandate.  One of the revenue sources picked for enhancement was delinquent tax collections. Instead of the $4.4 million anticipated in the earlier budget, the City boosted the amount to be collected by $2 million. The amended budget notes that “in anticipation of aggressive collection from a new agent,” the 2010 collection would rise to $6.4 million.

 

Continue reading