Pittsburgh Archives - Page 5 of 18 - Allegheny Institute for Public Policy

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.

Christopher Wendt July 26, 2013

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

Christopher Wendt November 24, 2009

What Happens in a Chapter 9 Bankruptcy?

In a previous Policy Brief (Volume 9, Number 51) we raised the question of whether Pittsburgh’s legacy costs could force the City to seek relief

Christopher Wendt September 11, 2009

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

Christopher Wendt May 27, 2009

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.

Christopher Wendt April 18, 2013

Benchmarking Pittsburgh

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

Christopher Wendt March 19, 2013

Another Nonsensical Pittsburgh Ranking

The Brookings Institute has just released a report showing Pittsburgh as having the 18th economically strongest metropolitan area. They say Pittsburgh is doing so well

Christopher Wendt June 19, 2009

Should the State Subsidize Pittsburgh to Harrisburg Train Service?

AMTRAK has informed Pennsylvania that the Pittsburgh to Harrisburg service-known as the Pennsylvanian-would likely be suspended unless the state comes up with the $5.7 million needed to cover the subsidy now being covered by money from the Federal government.

Christopher Wendt February 25, 2013

Pittsburgh: Recession Proof?

Early on in this recession that has been gripping the nation, Pittsburgh had gained national recognition as a city that is seemingly recession proof. The

Christopher Wendt June 26, 2009

LTV Site Redevelopment Edging Toward Reality?

Recent announcements from the URA and the RIDC indicate that progress is being made on the long and winding road toward a redevelopment of the LTV Hazelwood site that was idled in the late 1990s just before LTV filed for bankruptcy. The 178 acre site was purchased by a consortium of foundations calling itself Almono for nearly $10 million in 2002 after a squabble with the Mayor who wanted to use eminent domain to acquire the site. The Mayor relented after the foundations agreed to hire a private developer.

Christopher Wendt January 22, 2013

Tag: Pittsburgh