Tag: Pittsburgh

Pittsburgh’s Worsening Policy Spiral

Pittsburgh’s City Council is holding debates over proposed prevailing wage legislation.  The legislation requires that any tenant of a subsidized development “would have to pay

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Could Pittsburgh Be Following Detroit to Bankruptcy?

While Pittsburgh has some similarities with the problems in Detroit (albeit nowhere near the same magnitude) and there is cause for concern about Pittsburgh’s financial wellbeing, there is little chance that on its present course the City will face bankruptcy. That is not to say that it can be allowed to return to the spendthrift, reckless behavior that had the City headed toward financial collapse and brought it to the point of being placed under two state financial overseeing groups-the ICA board and the Act 47 financial coordinator team-a decade ago.

 

 

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Summing Up the G-20 Summit

Shortly after the conclusion of the September G-20 Summit, the head of VisitPittsburgh claimed the event’s economic benefits to the City and region reached $35

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Mayor Ignores a Forbes Report

Pittsburgh’s mayor is constantly citing reports from various magazines and newspapers about how wonderfully well Pittsburgh shows up in highly dubious livability ratings but somehow

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Pittsburgh Taxpayers’ Debt Load Getting Lighter

In 2011, the debt per capita in Pittsburgh was $1,901, based on the Census count of 306,000 and $581.8 million in general obligation debt of the City.  A decade earlier the average resident carried a much heavier debt load of $2,651.  Both the debt and the City’s population were higher in 2001 but debt has fallen faster than population in the intervening years resulting in the per capita debt drop. 

 

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Benchmarking Pittsburgh

City of Pittsburgh, know thyself. So goes the Socratic admonition.  Here’s some information to help in the self-knowledge. 

 

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