Ravenstahl Releases Proposed $479 Million Budget For Pittsburgh For 2014

English: Senator Bob Casey (D-PA) meets with P...

English: Senator Bob Casey (D-PA) meets with Pittsburgh Mayor Luke Ravenstahl. (Photo credit: Wikipedia)

Pittsburgh Mayor Luke Ravenstahl posted a proposed 2014 operating budget and five-year plan to the city website this morning in advance of a budget presentation his staff will give to an oversight board.

Councilman Bill Peduto, the Democratic nominee for mayor and the favorite to take the city’s top job in January, submitted his own budget to the administration a few weeks ago. He suggested the creation of several new positions that were included in Mr. Ravenstahl’s budget proposal, but categorized “as needed.” The positions are a part of an overhaul of the mayor’s office and other city departments.

“We need a strong structure to see reform happen,” Mr. Peduto said.

Read more: http://www.post-gazette.com/stories/local/neighborhoods-city/ravenstahl-releases-proposed-479-budget-for-pittsburgh-for-2013-704679/#ixzz2fqbtEUBf

Pittsburgh Targets Ending Financial Oversight (Act 47)

English: Senator Bob Casey (D-PA) meets with P...

English: Senator Bob Casey (D-PA) meets with Pittsburgh Mayor Luke Ravenstahl. (Photo credit: Wikipedia)

After eight years of austerity, the city of Pittsburgh today will argue before a state panel that it has clawed its way to financial recovery and needs fewer mentors looking over its shoulder.

A public hearing on ending the city’s financially distressed status, and disbanding one of its oversight groups, begins at 4 p.m. in the city council chamber.

As of Friday, officials hadn’t decided whether to televise the hearing.

Mayor Luke Ravenstahl and his team will have 20 minutes to argue that establishing a trust fund for retiree health care, improvements to the capital budget process and bond rating upgrades, among other factors, warrant the city’s exit from Act 47, the law that imposes monitoring and financial restrictions on distressed municipalities.

Read more: http://www.post-gazette.com/stories/local/state/pittsburgh-targets-ending-financial-oversight-659655/#ixzz2AjL63Hnp