Mayor Nutter says it is too soon to say whether massive cuts in Governor Corbett’s proposed state budget will force the city to raise taxes to make up the shortfall.
Dr. Donald Schwarz says he has “not seen anything like this before.”
Kids hoping for sledding instead of school may be disappointed by the lack of snow so far this winter. But city of Philadelphia budget crunchers are ecstatic.
The City of Philadelphia’s finances are so bleak these days that when a very slight budget surplus appears, officials call a news conference to crow about it.
Over the objections of the mayor, Philadelphia City Council has given preliminary okay to a $200 annual property tax rebate for condominium owners, because some use private trash haulers.
A final decision will come in a week or so, after September tax revenue figures come in.
Mayor Michael Nutter is sounding a warning cry that the city’s economy is again slowing, thanks mainly to higher unemployment.
The turmoil in financial markets could quickly filter down to the budgets of the Commonwealth of Pennsylvania and the City of Philadelphia, with officials at both levels facing difficult decisions.
The state agency that oversees Philadelphia’s cash-starved finances is expected to vote on Mayor Nutter’s long-range budget on Tuesday and there are many concerns.
Soda truck drivers circled City Hall, honking their horns, as hundreds rallied nearby, as a way of saying their jobs are in jeopardy from Philadelphia’s proposed tax on sugared beverages.
Groundbreaking ceremonies were held Friday at the site, at Magee Avenue and Keystone Street.
It will be a day of intense negotiations in City Hall, as Mayor Nutter and council members grapple with how to help solve the School District’s financial woes.
The letter states that there is some apparent confusion about last year’s 9.9-percent tax hike to help the city’s finances and stave off enormous cutbacks.
The School District of Philadelphia is telling City Council it needs more money from the city to balance its budget.
PHILADELPHIA (CBS) – Full-day kindergarten and interscholastic sports in middle schools are on the chopping block, as the school district closes its budget gap. Full-day kindergarten would be cut back to half-days. There would be […]