PittsburghLIVE.com On the revenue side, the revised budget adds an additional 0.5 percent to the city's 1.5 percent realty transfer tax -- an increase of 33.3 percent.
The mayor's revised budget is technically balanced by a proposed 34 percent increase in property taxes. However, Murphy has vowed not to impose such a steep hike on city residents, calling it 'suicidal for our city.'
Tuesday, November 09, 2004
Budget in council's lap
Tony gets it right. Well done!